Traveling Exhibitions. In the event that GMP wishes to act as the organizing institution for a traveling exhibition that includes the Property and that will entail GMP loaning the Property to other institutions (“Secondary Borrowers”), GMP may do so, provided that the loan of the Property from GMP to the Secondary Borrower must be subject to, and compatible with, the terms of this Agreement. GMP shall remain responsible and obligated under this Agreement regardless of the existence of any Secondary Borrower, and Xxxxxx’s recourse to GMP shall remain unaffected.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement
Traveling Exhibitions. In the event that GMP wishes to act as the organizing institution for a traveling exhibition that includes the Property and that will entail GMP loaning the Property to other institutions (“Secondary Borrowers”), GMP may do so, provided that the loan of the Property from GMP to the Secondary Borrower must be subject to, and compatible with, the terms of this Agreement. GMP shall remain responsible and obligated under this Agreement regardless of the existence of any Secondary Borrower, and XxxxxxLender’s recourse to GMP shall remain unaffected.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement