Relevant Owner definition
Examples of Relevant Owner in a sentence
The Indemnifier unconditionally and irrevocably indemnifies the Relevant Group Member against any Loss that may be incurred or sustained by it in relation to the Owner Guarantees or as a direct or indirect consequence of any claim made or purported to be made under the Owner Guarantees, or anything done by any person who is, or claims to be, entitled to the benefit of the Owner Guarantee, in proportion to the Participating Share of the Relevant Owner.
Documentary evidence that the Relevant Vessel has been delivered to the Relevant Owner in accordance with the relevant Shipbuilding Contract.
M-Net hereby grants to MultiChoice (or where the Relevant Owner is not M-Net, M-Net will use its reasonable endeavours to procure that the Relevant Owner grants to MultiChoice) a licence to use the Marks during the Agreement (free of charge to MultiChoice) in all media for the sole purpose of advertising and marketing the MultiChoice Bouquets and/or the Channels, such licence to be restricted to the non-commercial usage of such Marks and to terminate automatically if this Agreement terminates.
All goodwill in the Marks shall automatically vest in M-Net or the Relevant Owner, as appropriate.
All goodwill in the MultiChoice Marks shall automatically vest in MultiChoice or the Relevant Owner, as appropriate.