Common use of Quality Control Clause in Contracts

Quality Control. In order to preserve the inherent value of the Licensed Name, the Licensee agrees to use reasonable efforts to ensure that it maintains the quality of the Licensee’s business and the operation thereof equal to the standards prevailing in the operation of the Licensor’s and the Licensee’s business as of the date of this Agreement. The Licensee further agrees to use the Licensed Name in accordance with such quality standards as may be reasonably established by Licensor and communicated to the Licensee from time to time in writing, or as may be agreed to by Licensor and the Licensee from time to time in writing.

Appears in 25 contracts

Sources: License Agreement (Prospect Enhanced Yield Fund), License Agreement (Remora Capital Corp), License Agreement (LAGO Evergreen Credit)

Quality Control. In order to preserve the inherent value of the Licensed NameMarks, the Licensee agrees to use reasonable efforts to ensure that it maintains the quality of the Licensee’s business and the operation thereof equal to the standards prevailing in the operation of the Licensor’s and the Licensee’s business as of the date of this Agreement. The Licensee further agrees to use the Licensed Name Marks in accordance with such quality standards as may be reasonably established by Licensor and communicated to the Licensee from time to time in writing, or as may be agreed to by Licensor and the Licensee from time to time in writing.

Appears in 11 contracts

Sources: Trademark License Agreement (Audax Private Credit Fund, LLC), Trademark License Agreement (Stone Point Credit Income Fund), Trademark License Agreement (Diameter Credit Co)

Quality Control. In order to preserve the inherent value of the Licensed NameMarks, the Licensee agrees to use reasonable efforts to ensure that it maintains the quality of the Licensee’s business and the operation thereof equal to the standards prevailing in the operation of the Licensor’s and the Licensee’s business as of the date of this Agreementapplicable to Licensee from time to time. The Licensee further agrees to use the Licensed Name Marks in accordance with such quality standards as may be reasonably established by Licensor and communicated to the Licensee from time to time in writing, or as may be agreed to by Licensor and the Licensee from time to time in writing.

Appears in 9 contracts

Sources: License Agreement (Sound Point Meridian Capital, Inc.), License Agreement (Eagle Point Institutional Income Fund), License Agreement (Panagram Capital, LLC)

Quality Control. In order to preserve the inherent value of the Licensed Name, the Licensee agrees to use reasonable efforts to ensure that it maintains the quality of the Licensee’s business and the operation thereof equal to the standards prevailing in the operation of the Licensor’s and the Licensee’s business as of the date of this Agreement. The Licensee further agrees to use the Licensed Name in accordance with such quality standards as may be reasonably established by the Licensor and communicated to the Licensee from time to time in writing, or as may be agreed to by the Licensor and the Licensee from time to time in writing.

Appears in 7 contracts

Sources: License Agreement (Owl Rock Core Income Corp.), License Agreement (Owl Rock Capital Corp II), License Agreement (Owl Rock Capital Corp III)

Quality Control. In order to preserve the inherent value of the Licensed Name, the Licensee agrees to use reasonable efforts to ensure that it maintains the quality of the Licensee’s business business, and the operation thereof thereof, equal to the standards prevailing in the operation of the Licensor’s and the Licensee’s business business, as of the date of this Agreement. The Licensee further agrees to use the Licensed Name in accordance with such quality standards as may be reasonably established by Licensor the Licensor, and communicated to the Licensee from time to time in writing, or as may be agreed to by the Licensor and the Licensee from time to time in writing.

Appears in 4 contracts

Sources: License Agreement (Chicago Atlantic BDC, Inc.), License Agreement (Silver Spike Investment Corp.), License Agreement (Silver Spike Investment Corp.)

Quality Control. In order to To preserve the inherent value of the Licensed NameMark, the Licensee agrees to use reasonable efforts to ensure that it maintains the quality of the Licensee’s business and the operation thereof equal to the standards prevailing in the operation of the Licensor’s and the Licensee’s business as of the date of this Agreement. The Licensee further agrees to use the Licensed Name Mark in accordance with such quality standards as may be reasonably established by the Licensor and communicated to the Licensee from time to time in writing, or as may be agreed to by the Licensor and the Licensee from time to time in writing.

Appears in 3 contracts

Sources: Trademark License Agreement (Axxes Private Markets Fund), Trademark License Agreement (Axxes Private Markets Fund), Trademark License Agreement (Investcorp US Institutional Private Credit Fund)

Quality Control. In order to To preserve the inherent value of the Licensed NameMarks, the Licensee agrees to use reasonable efforts to ensure that it maintains the quality of the Licensee’s business and the operation thereof equal to the standards prevailing in the operation of the Licensor’s and the Licensee’s business as of the date of this Agreement. The Licensee further agrees to use the Licensed Name Marks in accordance with such quality standards as may be reasonably established by the Licensor and communicated to the Licensee from time to time in writing, or as may be agreed to by the Licensor and the Licensee from time to time in writing.

Appears in 2 contracts

Sources: Trademark License Agreement (C1 Fund Inc.), Trademark License Agreement (Destiny Tech100 Inc.)

Quality Control. In order to To preserve the inherent value of the Licensed NameMark, the Licensee agrees to use reasonable efforts to ensure that it maintains the quality of the Licensee’s ’ s business and the operation thereof equal to the standards prevailing in the operation of the Licensor’s and the Licensee’s business as of the date of this Agreement. The Licensee further agrees to use the Licensed Name Mark in accordance with such quality standards as may be reasonably established by the Licensor and communicated to the Licensee from time to time in writing, or as may be agreed to by the Licensor and the Licensee from time to time in writing.

Appears in 2 contracts

Sources: Trademark License Agreement (CAIS Sports, Media & Entertainment Fund), Trademark License Agreement (Axxes Opportunistic Credit Fund)

Quality Control. In order to To preserve the inherent value of the Licensed Name▇▇▇▇, the Licensee agrees to use reasonable efforts to ensure that it maintains the quality of the Licensee’s business and the operation thereof equal to the standards prevailing in the operation of the Licensor’s and the Licensee’s business as of the date of this Agreement. The Licensee further agrees to use the Licensed Name ▇▇▇▇ in accordance with such quality standards as may be reasonably established by the Licensor and communicated to the Licensee from time to time in writing, or as may be agreed to by the Licensor and the Licensee from time to time in writing.

Appears in 1 contract

Sources: Trademark License Agreement (Investcorp Credit Management BDC, Inc.)

Quality Control. In order to preserve the inherent value of the Licensed NameTrademarks, the Licensee agrees to use reasonable efforts to ensure that it maintains the quality of the Licensee’s business and the operation thereof equal to the standards prevailing in the operation of the Licensor’s and the Licensee’s business as of the date of this Agreement. The Licensee further agrees to use the Licensed Name Trademarks in accordance with such quality standards as may be reasonably established by Licensor and communicated to the Licensee from time to time in writing, or as may be agreed to by Licensor and the Licensee from time to time in writing.

Appears in 1 contract

Sources: License Agreement (TCW Direct Lending VIII LLC)