Common use of Restrictions on Future Agreements Clause in Contracts

Restrictions on Future Agreements. Borrower will not, without the Agent’s prior written consent, enter into any agreement, including, without limitation, any license agreement, that is inconsistent with this Agreement, and Borrower further agrees that it will not take any action, and will use reasonable efforts not to knowingly permit any action to be taken by others subject to its control, including licensees, or knowingly fail to take any action, which would affect the validity or enforcement of the rights transferred to the Agent, for the benefit of the Lenders, under this Agreement or the rights associated with those Patents, Trademarks and/or Copyrights which are in Borrower’s reasonable business judgment, necessary or desirable in the operation of Borrower’s business.

Restrictions on Future Agreements. Borrower will not, without the Agent’s 's prior written consent, enter into any agreement, including, without limitation, any license agreement, that is inconsistent with this Agreement, and Borrower further agrees that it will not take any action, and will use reasonable efforts not to knowingly permit any action to be taken by others subject to its control, including licensees, or knowingly fail to take any action, which would affect the validity or enforcement of the rights transferred to the Agent, for the benefit of the Lenders, under this Agreement or the rights associated with those Patents, Trademarks and/or Copyrights which are in Borrower’s 's reasonable business judgment, necessary or desirable in the operation of Borrower’s 's business.

Restrictions on Future Agreements. Borrower Debtor will not, without the Collateral Agent’s prior written consent, enter into any agreement, including, without limitation, any license agreement, that is inconsistent with this Agreement, and Borrower Debtor further agrees that it will not take any action, and will use reasonable efforts not to knowingly permit any action to be taken by others subject to its control, including licensees, or knowingly fail to take any action, which would affect the validity or enforcement of the rights transferred to the Collateral Agent, for the benefit of the LendersInvestors, under this Agreement or the rights associated with those Patents, Trademarks and/or Copyrights which are in BorrowerDebtor’s reasonable business judgment, necessary or desirable in the operation of BorrowerDebtor’s business.