Common use of Assignment and Rights and Notifications Concerning Invitees Clause in Contracts

Assignment and Rights and Notifications Concerning Invitees. Client shall not assign this Agreement without CIC’s prior written consent, which may be granted or withheld in CIC’s sole discretion. Notwithstanding such consent, Client shall remain liable to CIC and the Licensors for the payment of all charges and for the full performance of the covenants and conditions of this Agreement. Also notwithstanding such consent, to the extent that a court order, secured credit contract, sale, invitation by the Client for other parties to use CIC’s facilities as their workspaces with or without informing CIC, or other process, introduces new parties which become owners or responsible parties for Client and/or property stored at the CIC’s Premises, Client agrees that such parties are bound to this Agreement, will take such steps as necessary to perfect this, and will notify CIC of the names and contact information for the same parties. These parties shall in all cases be deemed to be signatories to this Agreement by virtue of having taken an interest in property located in the Premises or by virtue of having commenced to use CIC’s services in their own right. CIC may assign this Agreement to a successor in its discretion. Client shall not cause or permit any other persons or entities present at CIC’s Premises by the Client’s invitation or consent, whether affiliated with the Client or otherwise, to operate a workspace or conduct a separate business out of CIC’s Premises unless the invitees have entered into an agreement with CIC to do so. CIC shall have sole discretion as to whether others may be added as additional parties to this Agreement. In the event the Client allows any invitee to operate a workspace or conduct a business out of CIC’s Premises without CIC’s permission or modification of this Agreement, the Client hereby agrees on behalf of itself and its insurers that it will defend and indemnify CIC and the Licensors with respect to the invitee to the same extent required under this Agreement with respect to the Client. To avoid any potential confusion concerning whether certain entities are invitees, the Client shall provide CIC with documentation concerning any of its corporate name changes. If Client wishes to do business at CIC’s facility under a name other than its legal name (e.g. by accepting mail under that other name or by using that other name on the sign on its workspace entry, etc.), Client agrees to register such name with the proper local governing authority.

Appears in 3 contracts

Samples: Service Agreement (Vigil Neuroscience, Inc.), Service Agreement (Semper Paratus Acquisition Corp), Service Agreement (Semper Paratus Acquisition Corp)

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Assignment and Rights and Notifications Concerning Invitees. The Client shall not assign this Agreement without CIC’s prior written consent, which may be granted or withheld in CIC’s sole discretion. Notwithstanding such consent, Client shall remain liable to CIC and the Licensors for the payment of all charges and for the full performance of the covenants and conditions of this Agreement. Also notwithstanding such consent, to the extent that a court order, secured credit contract, sale, invitation by the Client for other parties to use CIC’s facilities as their workspaces offices with or without informing CIC, or other process, introduces new parties which become owners or responsible parties for Client and/or property stored at the CIC’s Premises, Client agrees that such parties are bound to this Agreement, will take such steps as necessary to perfect this, and will notify CIC of the names and contact information for the same parties. These parties shall in all cases be deemed to be signatories to this Agreement by virtue of having taken an interest in property located in the Premises or by virtue of having commenced to use CIC’s services in their own right. CIC may assign this Agreement to a successor in its discretion. This Agreement entitles the Client to receive the services identified by location in Exhibit A. The Client shall not cause or permit any other persons or entities present at CIC’s Premises by the Client’s invitation or consent, whether affiliated with the Client or otherwise, to operate a workspace an office or conduct a separate business out of CIC’s Premises unless the invitees have entered into an agreement with CIC to do so. CIC shall have sole discretion as to whether others may be added as additional parties to this Agreement. In the event the Client allows any invitee to operate a workspace an office or conduct a business out of CIC’s Premises without CIC’s permission or modification of this Agreement, the Client hereby agrees on behalf of itself and its insurers that it will defend and indemnify CIC and the Licensors with respect to the invitee to the same extent required under this Agreement with respect to the Client. To avoid any potential confusion concerning whether certain entities are invitees, the Client shall provide CIC with documentation concerning any of its corporate name changeschanges or DBA filings within thirty (30) days of filing. If Client wishes to do business at CIC’s facility under a name other than its legal name name, (e.g. by accepting mail under that other name or by using that other name on the sign on its workspace work area entry, etc.), ) Client agrees to register such name with the proper local governing authorityauthority as a DBA.

Appears in 1 contract

Samples: Service Agreement (Checkmate Pharmaceuticals, Inc.)

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Assignment and Rights and Notifications Concerning Invitees. Client The Licensee shall not assign this Agreement without CICthe Company’s prior written consent, which may be granted or withheld in CIC’s sole discretion. Notwithstanding such consent, Client . Licensee shall remain liable to CIC the Company and the Licensors for the payment of all charges and for the full performance of the covenants and conditions of this Agreement. Also notwithstanding such consent, to the extent that a court order, secured credit contract, sale, invitation by the Client Licensee for other parties to use CICthe Company’s facilities as their workspaces offices with or without informing CICthe Company, or other process, introduces new parties which become owners or responsible parties for Client Licensee and/or property stored at the CICLicensee’s Premises, Client agrees that premises. Licensee must bind such parties are bound to this Agreement, will take such steps as necessary to perfect thisagreement, and will notify CIC the Company of the names and contact contract information for the same parties. These parties shall in all cases any case be deemed to be signatories to this Agreement agreement by virtue of having taken an interest in property located in the Premises Licensee’s premises or by virtue of having commenced to use CICthe Company’s services in their own right. CIC may assign this This Agreement entitles the Licensee to a successor receive the services identified in its discretion. Client Schedule D. The Licensee shall not cause or permit any other persons or entities present at CIC’s Premises the Licensors’ premises by the ClientLicensee’s invitation or consent, whether affiliated with the Client Licensee or otherwise, to operate a workspace an office or conduct a separate business out of CIC’s Premises the Licensors’ premises unless the invitees Invitees have entered into an agreement with CIC the Company to do so. CIC The Company shall have sole discretion as to whether others may should be added as additional parties to this Agreement. In the event the Client Licensee allows any invitee Invitee to operate a workspace an office or conduct a business out of CIC’s Premises the Licensors’ premises without CICthe Company’s permission or modification of this Agreement, the Client Licensee hereby agrees on behalf of itself and its insurers that it will defend and indemnify CIC the Company and the Licensors with respect to the invitee Invitee to the same extent required under this Agreement with respect to the ClientLicensee. To avoid any potential confusion concerning whether certain entities are inviteesInvitees, the Client Licensee shall provide CIC the Company with documentation concerning any of its corporate name changeschanges or DBA filings within thirty (30) days of filing. If Client CIC & Impact Hub Boston Service Agreement - Version 6.o.8 Page 4 of 12 Please Initial Here: Licensee wishes to do business at CICthe Company’s facility under a name other than its legal name name, (e.g. by accepting mail under that other name or by using that other name on the sign on its workspace work area entry, etc.), Client ) Licensee agrees to register such name with the proper local governing authorityCity of Cambridge as a DBA.

Appears in 1 contract

Samples: Summit Corp PLC

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