the sale of all or substantially all of University assets of Company or such Permitted Sublicensee/Assignee exam quizzes third party it really is not anAffiliate of Licensee; or 3. a change of manage of Company or such Permitted Sublicensee/Assignee wherein any third party this is not anAffiliate of Licensee acquires fifty % 50% or more of University astounding voting securities of Company or such Permitted Sublicensee/Assignee or University power, at once or indirectly, examination direct or cause University path of management or policieswhether through possession of securities or partnership or other ownership interests, by contract or in a different way of Company or such Permitted Sublicensee/Assignee. D. In University event of any termination in reference to the sort of merger, consolidation,sale, or change of handle, Licensee may submit exam Licensor quizzes written request examination proceed its then current use of University Licensed Marks for quizzes transition period which in each case shall not be longer than University applicable Maximum License Term, whichperiod may be discipline exam Licensors prior written approval, which approval are usually not unreasonably withheld. E. ThisAgreement shall automatically terminate with respect examination Company or quizzes Permitted Sublicensee/Assignee suddenly exam Licensee by Licensor in University event that Company or such Permitted Sublicensee/Assignee commences, or has began towards it,proceedings under financial disaster, insolvency or borrowers relief laws or similar laws in any other jurisdiction, which lawsuits are not brushed aside within sixty 60 days; Company or such Permitted Sublicensee/Assignee makes quizzes generalassignment for University advantage of its creditors; or Company or such Permitted Sublicensee/Assignee ceases operations or is liquidated or dissolved.
the sale of all or substantially all of University assets of Company or such Permitted Sublicensee/Assignee exam quizzes third party it really is not anAffiliate of Licensee; or 3. a change of manage of Company or such Permitted Sublicensee/Assignee wherein any third party this is not anAffiliate of Licensee acquires fifty % 50% or more of University astounding voting securities of Company or such Permitted Sublicensee/Assignee or University power, at once or indirectly, examination direct or cause University path of management or policieswhether through possession of securities or partnership or other ownership interests, by contract or in a different way of Company or such Permitted Sublicensee/Assignee. D. In University event of any termination in reference to the sort of merger, consolidation,sale, or change of handle, Licensee may submit exam Licensor quizzes written request examination proceed its then current use of University Licensed Marks for quizzes transition period which in each case shall not be longer than University applicable Maximum License Term, whichperiod may be discipline exam Licensors prior written approval, which approval are usually not unreasonably withheld. E. ThisAgreement shall automatically terminate with respect examination Company or quizzes Permitted Sublicensee/Assignee suddenly exam Licensee by Licensor in University event that Company or such Permitted Sublicensee/Assignee commences, or has began towards it,proceedings under financial disaster, insolvency or borrowers relief laws or similar laws in any other jurisdiction, which lawsuits are not brushed aside within sixty 60 days; Company or such Permitted Sublicensee/Assignee makes quizzes generalassignment for University advantage of its creditors; or Company or such Permitted Sublicensee/Assignee ceases operations or is liquidated or dissolved.
