Preservation of Licenses. Each Loan Party shall, and shall cause each of its Subsidiaries to, at all times preserve and keep in full force and effect all Material Licenses.
Preservation of Licenses. The Seller covenants and agrees that from and after the date of the execution and delivery of this Agreement through and including the Closing Date, except only as otherwise specifically required by or provided in this Agreement, the Seller will cause the Company to use commercially reasonable efforts to preserve the Licenses.
Preservation of Licenses. The Seller covenants and agrees that from and after the date of the execution of this Agreement through and including the Closing Date, the Seller will cause the Company to use its reasonable efforts to preserve and keep in full force and effect the Licenses. In addition, subject to applicable Requirements of Law, the Seller shall, and shall cause the Company to, deliver to the Purchaser promptly upon receipt copies of all communications with state regulatory authorities that involves or could reasonably be expected to result in any rescission, termination, revocation, nonrenewal, suspension, or material restriction or impairment of any of the Licenses, or any notice of any proceeding or anticipated proceeding with respect to any of the foregoing.
Preservation of Licenses. The Borrower will not, and will not permit any of its Subsidiaries to, allow any FCC License held by it to lapse or be revoked or suspended.
Preservation of Licenses. It shall maintain in effect and obtain, where necessary, all such authorizations, approvals, licences or consents of such governmental agencies, whether federal, state, provincial or local, which may be or become necessary or required for the Guarantor and the Restricted Subsidiaries to satisfy their obligations hereunder and under the IPG Guarantee.
Preservation of Licenses. Seller will cause the Company to retain and maintain all permits and licenses of related to the business of the Company, including without limitation all gaming and liquor licenses, in good standing and without threatened or pending disciplinary action.
Preservation of Licenses. 22 Section 4.2
Preservation of Licenses. 38 (k) Intercompany Accounts...............................................38 (l) Provision of Services to Seller.....................................38 (m) Year 2000 Matters...................................................38 (n) Florida Hurricane Catastrophe Fund..................................38 (o) Hurricane Catastrophe Records.......................................39 (p) Cooperation.........................................................39
Preservation of Licenses. From the date hereof up to the Closing Date, Seller shall cause the SPPI Affiliates to use reasonable best efforts to preserve their respective Licenses in full force and effect.
Preservation of Licenses. Heptares shall not, and if any Licensed IP or Heptares Platform IP is owned by or transferred to an Affiliate in accordance with this Agreement (which transfer to an Affiliate may be done only with the prior written consent of Neurocrine, which may not be unreasonably withheld), shall procure that its Affiliates shall not, (a) encumber the Licensed IP (including the Heptares Retained Rights IP) or the Heptares Platform IP in a manner which is inconsistent with the rights and licenses granted to Neurocrine under this Agreement; (b) transfer or assign any of the Licensed IP (including the Heptares Retained Rights IP) or the Heptares Platform IP to an Affiliate or Third Party, unless such transfer or assignment is subject to the rights of and obligations to Neurocrine under this Agreement (and for clarity any assignment of this Agreement is subject to clause 12.1); or (c) grant any rights or licenses under the Licensed IP (including the Heptares Retained Rights IP) or the Heptares Platform IP that are inconsistent with the rights and licenses granted to Neurocrine under this Agreement.
