Exceptions to Licensor Approval Sample Clauses

The "Exceptions to Licensor Approval" clause defines specific circumstances under which the licensee does not need to seek or obtain the licensor's prior approval for certain actions or uses of the licensed material. For example, this clause may list routine activities, minor modifications, or uses that fall within predefined parameters as exceptions, thereby streamlining operations for the licensee. Its core practical function is to reduce administrative burden and delays by clarifying when approval is not required, thus ensuring efficiency and predictability in the licensing relationship.
Exceptions to Licensor Approval. Notwithstanding anything contained in this Agreement: (a) TIN Arrangements. TIN Arrangements will be permitted without Licensor approval, do not constitute Sublicensing Arrangements, and any existing or future TIN Arrangements shall not be subject to any of the terms and conditions of Section 4; provided, that in the case of third party arrangements for TIN Branded Experiences only, such arrangements shall comply with the General Requirements. Licensee shall provide Licensor with written notice (that contains the identity of the counterparty and a summary of all material terms) substantially in the form of Schedule 3 attached hereto as soon as reasonably practicable following its entering into any arrangements for a TIN Branded Experience that Licensee concludes with third parties for Broadcast of Licensed Content.
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Exceptions to Licensor Approval. Notwithstanding anything contained in this Agreement: (a) UIN Arrangements. UIN Arrangements will be permitted without Licensor approval, do not constitute Sublicensing Arrangements, and any existing or future UIN Arrangements shall not be subject to any of the terms and conditions of Section 4; provided, that in the case of third party arrangements for UIN Branded Experiences only, such arrangements shall comply with the General Requirements. Licensee shall provide Licensor with written notice (that contains the identity of the counterparty and a summary of all material terms) substantially in the form of Schedule 5 attached hereto as soon as reasonably practicable following its entering into any arrangements for a UIN Branded Experience that Licensee concludes with third parties for Broadcast of Licensed Content.
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Related to Exceptions to Licensor Approval

  • Director Approval The Board of Directors of Holdings shall have approved this Agreement and the transactions contemplated herein.

  • Prior Approval The Engineer shall not assign, subcontract or transfer any portion of professional services related to the work under this contract without prior written approval from the State.

  • Board of Director Approval This Agreement shall have been approved by the Board of Directors of Acquirer.

  • Prior Approvals This Contract shall not be binding unless and until all requisite prior approvals have been obtained in accordance with current State law, bulletins, and interpretations.

  • Matters Requiring Investor Director Approval So long as the holders of Preferred Stock are entitled to elect a Preferred Director, the Company hereby covenants and agrees with the Investors that it shall not, nor shall it permit any subsidiary to, without approval of the Board of Directors, which approval must include the affirmative vote of at least one of the Preferred Directors: (a) make any loan or advance to, or own any stock or other securities of, any subsidiary or other corporation, partnership, or other entity unless it is wholly owned by the Company; (b) make any loan or advance to any Person, including, without limitation, any employee or director of the Company or any subsidiary, except advances and similar expenditures in the ordinary course of business or under the terms of an employee stock or option plan approved by the Board of Directors, including at least one of the Preferred Directors; (c) guarantee, directly or indirectly, any indebtedness except for trade accounts of the Company or any subsidiary arising in the ordinary course of business; (d) make any investment inconsistent with any investment policy approved by the Board of Directors; (e) incur any aggregate indebtedness in excess of $250,000 that is not already included in a budget approved by the Board of Directors, other than trade credit incurred in the ordinary course of business; (f) otherwise enter into or be a party to any transaction with any director, officer, or employee of the Company or any “associate” (as defined in Rule 12b-2 promulgated under the Exchange Act) of any such Person, except for transactions contemplated by this Agreement and the Purchase Agreement; transactions resulting in payments to or by the Company in an aggregate amount less than $100,000 per year; or transactions made in the ordinary course of business and pursuant to reasonable requirements of the Company’s business and upon fair and reasonable terms that are approved by a majority of the Board of Directors; (g) hire, terminate, or change the compensation of the executive officers, including approving any option grants or stock awards to executive officers; (h) change the principal business of the Company, enter new lines of business, or exit the current line of business; (i) sell, assign, license, pledge, or encumber material technology or intellectual property, other than licenses granted in the ordinary course of business; (j) increase the shares of Common Stock reserved for issuance under the Company’s 2015 Stock Incentive Plan or adopt any other equity incentive plan; or (k) enter into any corporate strategic relationship involving the payment, contribution, or assignment by the Company or to the Company of money or assets greater than $250,000.