Common use of Additional Documents and Approval Clause in Contracts

Additional Documents and Approval. Licensee shall execute or cause to be executed any further documents, take any further actions and grant any further approvals as may be necessary or expedient in order to consummate the transactions provided for herein, and to carry out the purpose and intent of the Agreement. Licensee acknowledges that Venue is financed primarily with Certificates of Obligation. Licensee agrees to not do anything knowingly that would jeopardize Licensor’s tax-exempt status. Licensee further agrees to renegotiate with Licensor any term within this Agreement that may be subsequently discovered to jeopardize the financing of Venue through the Certificates of Obligation or their tax-exempt status. Licensee also agrees to renegotiate any additional terms necessary in order to prevent jeopardizing any additional financing through Certificates of Obligation. If an agreement of such terms cannot be reached under this paragraph, Licensor

Appears in 2 contracts

Sources: License Agreement, License Agreement