Sections 15. 2 and 15.3 of the MSA shall be deemed to be incorporated herein by reference (mutatis mutandis) and shall be deemed to apply both (i) with respect to the Parties’ performance of their respective obligations under this Transition Agreement from and after the Effective Date and (ii) with respect to the information obtained by each Party during the term of the MSA.
Sections 15. The School board will provide discounted rates for all employees. Additionally, the ad hoc committee established in 2008/09 will continue to meet and evaluate the current KidZone and Beyond Program and make recommendations as necessary. See Appendix G.
Sections 15. 14. (Governing Law) and 15.15. (Jurisdiction; Venue, Dispute Resolution) shall apply also to this Amendment.
Sections 15. The School board will provide discounted rates for all employees. Additionally, the ad hoc committee established in 2008/09 will continue to meet and evaluate the current Extended Day Care Program and make recommendations as necessary. See Appendix G.
Sections 15. 2(a)-(b) of the Amended and Restated Agreement are hereby restated in their entirety as follows:
Sections 15. 1 (Addresses and Notices) and 15.2 (Further Action) of the Operating Agreement are deemed incorporated into this Subscription Agreement.
Sections 15. A. through 15.D. of the Loan Agreement are hereby deleted in their entirety and the following sections substituted therefor:
A. Maintain a minimum Quick Ratio of not less than 1.15 to 1.00. As used herein, "Quick Ratio" shall mean all unrestricted cash and cash equivalents plus Accounts divided by current liabilities less warranty reserves and prepaid royalties.
Sections 15. E. through 15.1. of the Loan Agreement are hereby renumbered as SECTIONS 15.D. through 15.H., respectively. Any reference in the Loan Agreement to a specific section or subsection therein shall be deemed to mean those Sections or subsections as amended and renumbered by the terms of this SECTION 2.3.
Sections 15. 5 and 15.6 shall survive the termination of this Agreement. The owner of the TB Protected Name is an express third-party beneficiary of Sections 15.5 and 15.6. No amendment or modification of Sections 15.5 and 15.6 shall be effective unless approved in writing by Owner. Manager hereby agrees that it shall not use, nor grant any sublicense (or otherwise give) to any other person any right to use, the TB Protected Name in connection with any business or enterprise, including, without limitation, any market other than the Market.
Sections 15. 02.3 and 15.03 shall not apply to ownership by Master Licensor of any interest in a System store or of less than five percent (5%) beneficial interest in the outstanding equity securities of any publicly-held corporation.
