Use of Licensed Property. Following the Notice Date, ▇▇▇▇▇▇▇▇ shall only be permitted to use the Licensed Property specifically in connection with any ▇▇▇▇▇▇▇▇ Trips with a departure date prior to the Effective Date of Termination. With respect to compliance that involves physical modification or legal action (for example, changing the name of the NGS Ship, to the extent Licensed Property must be physically and legally removed), ▇▇▇▇▇▇▇▇ agrees to begin preparations immediately upon the Notice Date, with an eye to compliance as of the Effective Date of Termination, and to prosecute diligently and complete the process as soon as practicable, but in no event later than [*] after the Notice Date or on the Effective Date of Termination, whichever occurs later.
Appears in 2 contracts
Sources: Alliance and License Agreement (Lindblad Expeditions Holdings, Inc.), Alliance and License Agreement (Lindblad Expeditions Holdings, Inc.)