Common use of Compliance with Standards Clause in Contracts

Compliance with Standards. The Licensee shall ensure compliance with the specifications and service and quality standards of Canopy and/or the Licensors, as may be updated from time to time (collectively the “Standards”) applicable to the Trademarks, Systems, and Intellectual Property. The Licensee acknowledges and agrees that the Standards shall be at least equivalent to those adopted or used by Canopy with respect to the Systems and Trademarks at the Effective Date. Canopy shall advise the Licensee in writing of any material changes to the Standards.

Appears in 5 contracts

Samples: Credit Agreement (Acreage Holdings, Inc.), Credit Agreement (Canopy Growth Corp), Arrangement Agreement (Canopy Growth Corp)

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