Common use of Restrictions on Future Agreements Clause in Contracts

Restrictions on Future Agreements. No Grantor will, without the --------------------------------- Agent's prior written consent, abandon any Patent or Xxxx in which any Grantor now owns or hereafter acquires any rights or interests or enter into any agreement, including, without limitation, any license agreement, which is inconsistent with any Grantor's obligations under this Agreement, and each Grantor further agrees that it will not take any action, or permit any action to be taken by others subject to its control, including licensees, or fail to take any action which would customarily be taken by a Person in the same business and in similar circumstances as such Grantor.

Appears in 2 contracts

Samples: Security Agreement (Entravision Communications Corp), Security Agreement (Entravision Communications Corp)

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Restrictions on Future Agreements. No The Grantor willwill not, without the --------------------------------- Agent's prior written consent, abandon any Patent or Xxxx in which any the Grantor now owns or hereafter acquires any rights or interests or enter into any agreement, including, without limitation, any license agreement, which is inconsistent with any the Grantor's obligations under this Agreement, and each the Grantor further agrees that it will not take any action, or permit any action to be taken by others subject to its control, including licensees, or fail to take any action which would customarily be taken by a Person in the same business and in similar circumstances as such the Grantor.

Appears in 2 contracts

Samples: Security Agreement (Entravision Communications Corp), Security Agreement (Entravision Communications Corp)

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