Future Affiliates Sample Clauses
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Future Affiliates. The license (and the associated license rights) granted herein shall apply to future Affiliates of a Party, but shall only become effective with respect to a future Affiliate beginning on the date such future Affiliate becomes an Affiliate of such Party, and for clarity, shall only apply beginning on that date and going forward. Notwithstanding the preceding sentence, any future Affiliate of a Party who has been informed in writing that it is infringing or that it requires a license under one or more Patents of the other Party or any of its Affiliates (“Patent Dispute”) prior to such other Party or any of its Affiliates becoming aware that such future Affiliate will become an Affiliate of such Party shall not be entitled to receive or obtain the benefits of the license (and the associated license rights) granted herein with respect to the Patents that are subject to that matter and such license (and the associated license rights) shall not be effective with respect to such future Affiliate unless and until such Patent Dispute is resolved to the reasonable satisfaction of the other Party.
Future Affiliates. Any currently existing or future Affiliate of FelCor or the Lessors that is or in the future may be a Lessor under a Percentage Lease shall become a party to this Agreement, entitled to the same rights, benefits and remedies to which FelCor and the Lessors are entitled hereunder by execution of an addendum to this Agreement. Any currently existing or future Affiliate of BHR or the Lessees that is or in the future may be a Lessee under a Percentage Lease shall become a party to this Agreement, entitled to the same rights, benefits and remedies to which BHR and the other Lessees are entitled hereunder by execution of an addendum to this Agreement. Upon the request of any party, such future Lessors and Lessees shall execute any documents, instruments or amendments hereto reasonably requested by a party hereto to further evidence any such Affiliate's rights, benefits and remedies hereunder.
Future Affiliates is entering into this Agreement on its own behalf and on behalf of its Affiliates and is acting as their agent for the purposes of this Agreement. Whenever reference is made herein to “ ”, such reference shall be deemed to include all Affiliates of The rights and obligations of shall inure to the benefit of ’s Affiliates and may be directly enforced by either of and/or any such Affiliate. For the purposes of this Agreement, the term “Affiliate” shall mean any entity which directly or indirectly controls, is controlled by, or is under common control with
