Traveling Exhibitions. In the event that GMP wishes to act as the organizing institution for a traveling exhibition that includes the Property and that will entail GMP loaning the Property to other institutions (“Secondary Borrowers”), GMP may do so, provided that the loan of the Property from GMP to the Secondary Borrower must be subject to, and compatible with, the terms of this Agreement. GMP shall remain responsible and obligated under this Agreement regardless of the existence of any Secondary Borrower, and Xxxxxx’s recourse to GMP shall remain unaffected.
Traveling Exhibitions. In the event that [Insert museum name] organizes a traveling exhibition that includes the Property and that involves [Insert museum name] loaning the Property to other institutions (“Secondary Borrowers”), Lender grants [Insert museum name] permission to do so, provided that the loan of the Property from [Insert museum name] to the Secondary Borrowers is subject to, and compatible with, the terms of this Agreement. [Insert museum name] will ensure that each Secondary Borrower carries appropriate all-risk fine arts insurance, and that the Property will be covered "wall-to-wall" from the time it leaves [Insert museum name] until it is returned at the end of the exhibition. Lender will receive a certificate of insurance from each Secondary Borrower. [Insert museum name]'s fine arts insurance policy will resume coverage when the Property is unloaded and secured on the premises at [museum address]. [Insert museum name] shall remain responsible and obligated under this Agreement regardless of the existence of any Secondary Borrowers, and Xxxxxx’s recourse to [Insert museum name] shall remain unaffected.
Traveling Exhibitions. In the event that [Insert museum name] organizes a traveling exhibition that includes the Property and that involves [Insert museum name] loaning the Property to other institutions (“Secondary Borrowers”), Lender grants [Insert museum name] permission to do so, provided that the loan of the Property from [Insert museum name] to the Secondary Borrowers is subject to, and compatible with, the terms of this Agreement. [Insert museum name] shall remain responsible and obligated under this Agreement regardless of the existence of any Secondary Borrowers, and Xxxxxx’s recourse to [Insert museum name] shall remain unaffected.
Traveling Exhibitions. In the event that Xxxxxxxx wishes to act as the organizer of a touring exhibition that includes Property and that will entail Borrower loaning Property to other participating institutions (“Secondary Venues”), Borrower may do so, subject to the following terms and conditions: a) Borrower must obtain a copy of AAM standard facility report from each Secondary Venue and forward a copy of such document to [Insert museum name] at least six (6) months in advance of the proposed shipment of Property to the Secondary Venue. [Insert museum name], in its sole discretion, may approve or disapprove such secondary loans. b) The terms of secondary loan from Borrower to Secondary Venue(s) must be subject to and compatible with the terms and conditions of this Agreement, and it is Borrower’s responsibility to enforce prescribed requirements and obligations in relation to Secondary Venue(s), which are the same or stricter than those of agreements between [Insert museum name] and Borrower. Borrower shall remain responsible and obligated under Loan Documents regardless of the existence of any Secondary Venue(s), and [Insert museum name]’s recourse to Borrower shall remain unaffected. c) Borrower shall also be responsible for ensuring that Secondary Venues obtain applicable copyright permission and pay all fees required by rights holders in accordance with the Section 5 of this Agreement.
