Licensing of Intellectual Property. No Obligor shall enter into an exclusive license of its Material Intellectual Property without the prior written consent of the Administrative Agent.
Appears in 10 contracts
Sources: Forbearance Agreement and Third Amendment to Credit Agreement and Guaranty (Icagen, Inc.), Forbearance Agreement and Second Amendment to Credit Agreement and Guaranty (Icagen, Inc.), Forbearance Agreement and First Amendment to Credit Agreement and Guaranty (Icagen, Inc.)
Licensing of Intellectual Property. No Obligor shall enter into an exclusive license or assign any of its Material Intellectual Property without the prior written consent of the Administrative Agent, other than licenses to other Obligors.
Appears in 2 contracts
Sources: Security Agreement, Security Agreement (Lazydays Holdings, Inc.)