Common use of Quality Control Clause in Contracts

Quality Control. In order to preserve the inherent value of the Licensed Mxxx, the Company agrees to use the Licensed Mxxx in a manner that maintains the quality of the Company’s business and the operation thereof equal to the standards prevailing as of the Effective Date in the operation of Licensor’s business. At Licensor’s request, the Company will provide Licensor with samples of the Company’s or any sublicensee’s use of the Licensed Mxxx and, if such use does not conform to such standards, Licensor will make such change as shall be requested by Licensor within 30 days of written notice from Licensor.

Appears in 19 contracts

Samples: License Agreement (Fundrise Income eREIT V, LLC), License Agreement (Fundrise Growth Ereit Vii, LLC), License Agreement (Fundrise East Coast Opportunistic REIT, LLC)

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Quality Control. In order to preserve the inherent value of the Licensed MxxxXxxx, the Company agrees to use the Licensed Mxxx Xxxx in a manner that maintains the quality of the Company’s business and the operation thereof equal to the standards prevailing as of the Effective Date in the operation of Licensor’s business. At Licensor’s request, the Company will provide Licensor with samples of the Company’s or any sublicensee’s use of the Licensed Mxxx Xxxx and, if such use does not conform to such standards, Licensor will make such change as shall be requested by Licensor within 30 days of written notice from Licensor.

Appears in 7 contracts

Samples: License Agreement (Fundrise Balanced Ereit Ii, LLC), License Agreement (Fundrise Growth Tech Interval Fund, LLC), License Agreement (Fundrise Equity REIT, LLC)

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Quality Control. In order to preserve the inherent value of each of the Licensed Mxxx, the Company agrees to use the each Licensed Mxxx in a manner that maintains the quality of the Company’s business and the operation thereof equal to the standards prevailing as of the Effective Date in the operation of Licensor’s business. At Licensor’s request, the Company will provide Licensor with samples of the Company’s or any sublicensee’s use of the any Licensed Mxxx and, if such use does not conform to such standards, Licensor will make such change as shall be requested by Licensor within 30 days of written notice from Licensor.

Appears in 2 contracts

Samples: License Agreement (1st stREIT Office Inc.), License Agreement (1st stREIT Office Inc.)

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