Licensor Consent definition
Examples of Licensor Consent in a sentence
In the event any Existing License Agreement is terminated, the sublicense (of the applicable Biophan IP) to BSS shall remain valid and in full force and effect as set forth in the applicable Biophan Licensor Consent.
Licensor acknowledges and agrees that as a condition precedent to Licensee’s entering into this Agreement, Licensor shall have executed and delivered to Licensee a Licensor Consent Agreement in favor of Manufacturers and Traders Trust Company (“M&T Bank”) in substantially the form attached to this Agreement as Exhibit D.
The Transfer Documents shall include a Trademark Assignment (the “Trademark Assignment”) and Copyright Assignment (the “Copyright Assignment”), in substantially the forms attached hereto as Exhibits E and F, respectively, as well as a Third Party IP Licensor’s Consent and Waiver (“Third Party IP Licensor Consent and Waiver”), and the Landlord’s Consent and Waiver (“Landlord Consent and Waiver”) in substantially the forms attached hereto as Exhibits G and H, respectively.
Issuer did not deliver the Licensor Consents with respect to the Restricted Licenses listed as items 1, 3 and 7 of Schedule 3.7 to the Note Purchase Agreement by such date, and as of the date hereof, Issuer has not delivered the Licensor Consent with respect to the Restricted License itemized as item 8 in Schedule 3.7 to the Note Purchase Agreement, and each such failure in respect of such Restricted Licenses constitutes an Event of Default under Section 8.2(a) of the Note Purchase Agreement.
Spice desires to cause Subco to receive certain rights in and to the Licensed Pictures in accordance with the terms of this Agreement, and the Licensor has separately consented to all of the terms of this Agreement and the transactions contemplated hereby by executing a Licensor consent, substantially in the form of Exhibit A hereto (the "Licensor Consent").
Each of Spice and Subco hereby consents to the terms contained in the Licensor Consent, including, without limitation Section 3 thereof.
Furthermore, Spice agrees that the terms of Section 5 of this Agreement shall apply in a substantially similar manner to any motion pictures licensed by the Licensor to Subco under Section 3 of the Licensor Consent.
The Transfer Documents shall include a Trademark Assignment (the “Trademark Assignment”) and Copyright Assignment (the “Copyright Assignment”), in substantially the forms attached hereto as Exhibits E and F, respectively, as well as a Third Party IP Licensor’s Consent and Waiver (“Third Party IP Licensor Consent and Waiver”), and the Landlord’s Consent and Waiver (“Landlord Consent and Waiver in substantially the forms attached hereto as Exhibits G and H, respectively.
Upon entering into any other License Agreements, the applicable Borrower Party shall deliver to the Administrative Agent a Licensor Consent Agreement.