Common use of Past Defaults Clause in Contracts

Past Defaults. No material default has occurred with respect to any of the Subject License Agreements which has not been cured by the related licensee as of the date hereof.

Appears in 1 contract

Sources: Receivables Contribution Agreement (Guess Inc Et Al/Ca/)

Past Defaults. No material default has occurred with respect to any of the Subject License Agreements Licensing Contributed Licenses which has not been cured by the related licensee as of the date hereof.

Appears in 1 contract

Sources: Licensing Agreement (Guess Inc Et Al/Ca/)