Common use of License Application Clause in Contracts

License Application. 7.1 Party B is responsible to complete relevant formalities such as business license and tax registration certificate etc necessary for operation voluntarily and assume the expenses caused thereof. 7.2 If Party B encounters obstacles (not fault of Party A) in the process of completing license and permits, resulting in being unable to or unnecessary to use the leased premises, and it proposes to rescind this Contract by this reason, its liability for breach of contract shall not be exempted.

Appears in 2 contracts

Sources: Lease Agreement (Aerohive Networks, Inc), Lease Agreement (Aerohive Networks, Inc)