License to Use Premises Sample Clauses

License to Use Premises. Borrower hereby grants to Bank, for a term commencing on the Closing Date and continuing so long as any of the Obligations remain outstanding, at a rental of $1.00 for such entire term, the right to the use of all premises or places of business which Borrower now or hereafter may have and where any Collateral may be located for the purpose of exercising its rights and remedies hereunder to realize on the Collateral; provided that Bank agrees not to exercise such right unless and until an Event of Default occurs and is continuing.

License to Use Premises. Each Borrower hereby grants to Agent, for a term commencing on the Closing Date and continuing so long as any of the Obligations remain outstanding, at a rental of $1.00 for such entire term, the right to the use of all premises or places of business which Borrower now or hereafter may have and where any Collateral may be located; provided that Agent agrees not to exercise such right unless and until an Event of Default occurs and is continuing and Agent determines to exercise its rights against Collateral hereunder.

License to Use Premises. The City hereby grants to Licensee a license to use the Premises and associated improvements therein for the purpose of conducting the Permitted Activities (which activities are defined below, and more particularly described on Exhibit A with respect to each area comprising the Premises). The Permitted Activities shall only be allowed on such dates and at such times listed in the effective Activity Schedule attached hereto as Exhibit B, which is incorporated herein by reference. The Park shall remain continuously open to the general public throughout the Term. Licensee further understands and agrees that, outside of the dates and times specified on the applicable Activity Schedule, the City shall be entitled to use the Premises, and offer the Premises for use by any third party, in the City's sole discretion.

License to Use Premises. Borrower hereby grants to Lender, for a term commencing on the Closing Date and continuing so long as any of the Obligations remain outstanding, at a rental of $1.00 for such entire term, the right to the use of all premises or places of business which Borrower now or hereafter may have and where any Collateral may be located for the purpose of exercising its rights and remedies hereunder to realize on the Collateral; provided that Lender agrees not to exercise such right unless and until an Event of Default occurs and is continuing.

License to Use Premises. Effective and contingent upon the Closing, HP will grant to DPI a limited license (the "Facilities License") to use the portion of HP's facility in Santa Clara, California marked on Schedule 9.1(a) attached hereto consisting of approximately 10,700 square feet which is the current location of the Purchased Assets (the "Premises") for the sole purposes of storing the Purchased Assets and operating, in accordance with Section 9.2 below, that portion of the Purchased Assets used for manufacture of laser ablation photomasks (the "Laser Ablation Equipment"). The Facilities License will be effective during the period commencing on the Closing Date and ending May 2, 1999 or such earlier date as the parties agree (the "License Term").

License to Use Premises. Forefront hereby grants to HP a license to use the facilities located at ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ for a period of up to eight (8) weeks following the Closing Date (the "Facilities License"). In consideration for the Facilities License, HP shall pay to Forefront One Thousand Eight Hundred Thirty-Three Dollars and Fifty Cents ($1833.50) per week for each week during which HP exercises such license. In addition, HP shall reimburse Forefront for HP's pro rata share of incurred expenses, such as telephone, Internet service and utilities, for the period during which HP exercises the Facilities License. HP may terminate the Facilities License at any time upon one (1) week's notice.

License to Use Premises. Throughout the term of this Agreement, Micropolis shall grant, and SMIL shall take, a license and the authority to enter upon the premises consisting of approximately 1704.38 square meters of space located on the first floor of the Facility as more particularly set forth on Exhibit A attached hereto (the "Premises") for the purposes hereinafter mentioned. The Premises shall consist of office and manufacturing space in addition to a receiving, shipping and storage area. SMIL shall also have the license to use such areas and facilities within and about the Facility as are necessary to run the Business and to have access to the Premises (the "Common Areas"). SMIL's use of the Premises and Common Areas shall be subject to and in accordance with the following:

License to Use Premises. Term In consideration for the annual compensation to City and other terms and conditions herein, the City agrees to license to Licensee the portion of Pride Park (the “Premises”), consisting of 100,000 square feet for the sole purpose of serving as the primary venue during the Renewal Term for the production and operation of five additional “Annual Shows,” between December 2024 and December 2028. The license period for each Annual Show shall extend for a maximum period of fifty (50) consecutive days (including load- in, event days, and load-out), and shall take place each year on or about the same dates (on or about October 30, through December 18 of each year), subject to adjustment of calendar dates on mutual agreement of the City and Licensee (“License Period”). If Licensee does not vacate the Premises by the expiration of the License Period without the City’s prior written consent, Licensee shall pay a “hold-over” fee equal to 200% of the per diem rate.

License to Use Premises. (a) Centurion hereby grants to RFC III, and FSB hereby grants to RFC IV, a license to use the applicable Premises as office space for the transaction of such Transferor's business, and such Transferor hereby accepts such license, for the term described in clause (b) below, at the license fee described in clause (c) below and upon all of the conditions set forth in this Section 6. In addition, each Transferor, its directors, officers, employees, invitees, agents and guests are hereby granted the non-exclusive use of the common areas of the building in which the applicable Premises are situated. (b) The term of the license to use the applicable Premises shall commence as of the date of this Agreement and shall terminate concurrently with the termination of this Agreement in accordance with the provisions of Section 7 below. (c) For each calendar month, each Transferor shall pay to the applicable Lessor a license fee for the use of the applicable Premises equal to the portion of the rent and any additional amounts for taxes, common area charges or comparable expenses payable for such period by Centurion or FSB, as the case may be, for all space leased in the building in which such Premises are situated that the number of square feet of such Premises bears to the total number of square feet leased by Centurion or FSB, as the case may be, in such building. The license fee includes compensation to the applicable Lessor for office space in such Premises, utilities (other than telephone) and access to other portions of the building in which such Premises are situated which are occupied by Centurion or FSB, as the case may be, as may be required for the needs of such Transferor under this Agreement.