Common use of Licensed Activities Clause in Contracts

Licensed Activities. The Homeport agrees to license to the Alliance the authority to carry out the following activities for the Licensed Properties: a. Leasing and Other Agreements. The Alliance will negotiate all leases and other use agreements (“Other Agreements”), including easements, use licenses, covenants, and such permits as may be required. Final execution of leases and Other Agreements will be carried out in the manner prescribed by the Managing Members.