WEBSITE OBLIGATIONS. a) As of the date hereof and for the Term, Licensee and its Affiliates shall have the right (but not the obligation) to host, operate, maintain, and provide the technology and other related functions and services for the Website. If Licensee or any of its Affiliates elects to operate the Website, Licensee and its Affiliates shall use commercially reasonable efforts to operate the Website in a manner that ensures that the Website is compliant in all material respects with all “safe harbors” provided under the Communications Decency Act and Digital Millennium Copyright Act, and similar laws designed to minimize liability of websites and interactive properties for third party content. b) In the event that the Licensee or any of its Affiliates elects to operate the Website, then Licensee and its Affiliates shall operate the Website such that Licensee remains in compliance in all material respects with all applicable laws, rules and regulations relating to the operation of the Website.
Appears in 2 contracts
Sources: Trademark License Agreement (Hospitality Investors Trust, Inc.), Framework Agreement (American Realty Capital Hospitality Trust, Inc.)
WEBSITE OBLIGATIONS. ai) As of the date hereof and for the Term, Licensee Licensees and its their Affiliates shall have the right (but not the obligation) to host, operate, maintain, and provide the technology and other related functions and services for the WebsiteWebsites. If Licensee Licensees or any of its their Affiliates elects elect to operate the WebsiteWebsites, Licensee Licensees and its their Affiliates shall use commercially reasonable efforts to operate the Website Websites in a manner that ensures that the Website is Websites are compliant in all material respects with all “safe harbors” provided under the Communications Decency Act and Digital Millennium Copyright Act, and similar laws designed to minimize liability of websites and interactive properties for third party content.
bii) In the event that the Licensee Licensees or any of its their Affiliates elects elect to operate the WebsiteWebsites, then Licensee Licensees and its their Affiliates shall operate the Website Websites such that Licensee remains Licensees remain in compliance in all material respects with all applicable laws, rules and regulations relating to the operation of the Website.
Appears in 1 contract
Sources: Contribution and Purchase Agreement (Steadfast Apartment REIT, Inc.)