Licensor Consents definition
Examples of Licensor Consents in a sentence
Licensor Consents to be obtained with: • MortgageFlex Systems, Inc.
The Lenders and the Agents shall have received certified copies of all Material Licensing Agreements in effect on the Effective Date, each in form and substance satisfactory to the Lenders and the Agents, together with fully executed original licensor consents and agreements in form and substance satisfactory to the Lenders and the Agents (the "Licensor Consents") in respect of each such Material Licensing Agreement.
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.
Notwithstanding anything else herein set forth, Lender’s non-exclusive license rights granted pursuant to this Section 6.4 with respect to the Licensed Goods (as defined in the Licensor’s Consents) are specifically subject to the terms and conditions set forth within the Licensor Consents.