Sale of Licenses. Borrower and Trulieve Tenant shall not transfer, lease, or sell any Cannabis License in either of their names in Florida without Agent consent, which consent shall not be unreasonably withheld, conditioned or delayed.
Sale of Licenses. Upon the occurrence and during the continuation of an Event of Default under Section 8.1(a) and written notice thereof to Borrower, without limiting any other right or remedy of Agent or Lenders hereunder or under any Loan Document, Agent (at the request of Required Lenders) may require the following pursuant to its written notice delivered to Borrower following: (i) Borrower’s failure to cure such Event of Default within five (5) days of receipt of such notice (for the first two occurrences of an Event of Default under Section 8.1(a)) and (ii) thereafter, expiration of the grace period set forth in Section 8.1(a) (the “Sale Notice”):
Sale of Licenses. Upon the occurrence and during the continuation of an Event of Default under Section 8.1(a) and written notice thereof to Borrower, without limiting any other right or remedy of Agents or Lenders hereunder or under any Loan Document, the Lender may require the following pursuant to its written election delivered to Borrower following: (i) Borrower’s failure to cure such Event of Default within five (5) days of receipt of such notice (for the first two occurrences of an Event of Default under Section 8.1(a)) and (ii) thereafter, expiration of the grace period set forth in Section 8.1(a) (the “Sale Notice”):
Sale of Licenses. 15.1 MSC may determine that it desires to sell and transfer all of its rights and obligations under this Agreement with respect to the transportation market and/or the consumer electronics market as defined and included in the Field (the "Transferred Field") to another party (a "Buyer") in a transaction under which the Buyer would become a licensee entitled to exercise all rights and privileges under this Agreement and under Sublicenses with respect to Licensed Products in the Transferred Field, would be deemed a successor in interest of MSC with respect thereto and would assume a portion of MSC's obligations, including but not limited to the payment of Total Royalties related to Transferred Field (a "Sale Transaction").
Sale of Licenses
