Examples of Licenses Out in a sentence
The execution and delivery of this Agreement by Emmis, and the consummation of the transactions contemplated by this Agreement, will not cause Emmis to be in violation or default in any material respect under any licenses for Licensed Station IP, any Licenses Out, or any Talent Agreements, nor entitle any other party to any such Contract to terminate or modify in any material respect such Contract.
NewCo and the Companies use the IPR License In and IPR License Out in line with the respective agreements and are not in material breach of any IPR Licenses In or IPR Licenses Out (and thus these contracts in particular cannot be terminated for cause) and to Seller’s Knowledge no other party thereto is in breach thereof.
Except as set forth on Schedule 3.12(a), all Licenses Out have been made on the terms and conditions of Seller’s End User License Agreement.
Also, to Seller’s Knowledge and other than mentioned in Schedule 11.4. (g), no IPR Licenses In or IPR Licenses Out are subject of any dispute or proceeding and none is pending, threatened or foreseeable.
So far as the Warrantors are aware, the rights granted under the IP Licenses In and IP Licenses Out will not be adversely affected by the transactions contemplated by this Agreement.