Failure to Use Clause Samples
Failure to Use. In the event that Vendor fails to use Algernon Trademarks in association with advertising services for a period of two consecutive years or more, or if Vendor's ALGERNON Trademark registrations expire or are cancelled or expunged for any reason and the Vendor does not exercise commercially reasonable efforts to reinstate or re-register Algernon Trademark registrations with commercially reasonable expediency, then Vendor shall transfer and assign to Purchaser all right, title and interest in and to the Algernon Trademark, without any further consideration.
Failure to Use. Any tenant who fails to actively utilize the kitchen facility for six (6) consecutive months, regardless of rent payment or financial standing, will be subject to termination of tenancy. This policy is intended to prioritize access for entrepreneurs and businesses that are actively engaged in food production and in need of the facility. Exceptions may be considered on a case-by-case basis at the discretion of management, but consistent and active use remains a core requirement for continued tenancy.