A guarantee agreement is often common for tuition loans, for which the government serves as guarantor. In this case, if the student defaults on the loan, the bank will call on the government to recover the outstanding credit debts. SECTION 4.03. Licensing the operation of intellectual property. In order to allow the administrative officer to exercise rights and remedies under this agreement, each grantor, at the request of the administrative officer, grants the administrative officer an irrevocable and non-exclusive licence (due without payment of royalties or other compensation to the funders) to use, con-licensing or sublicensing one of the guarantees constituted of intellectual property that is now in possession. , and wherever the same thing is, and including, in this license, appropriate access to all media in which one of the licensed items can be registered or stored, and to all software and programs used for compiling or expressing it, provided that such a non-exclusive license (a) is not contrary to the express terms of an agreement between a grantor and a third party as the applicable use of these guarantees by Grantor153s by the use of such guarantees constituted intellectual property or of this third party gives a right to acceleration, modification or erasure in the content and (b) is not prohibited by any legal requirement; whether these licences, which are to be issued under these trademark contracting parties, are subject to the maintenance of quality standards for the products and services on which these trademarks are used, in order to preserve the validity of those trademarks. The use of such a licence by the administrative officer may be exercised at the discretion of the administrative officer during the continuation of a delay event; whether all licenses, sub-licenses or other transactions concluded by the administrative officer are mandatory for grantors, regardless of the subsequent recovery of a late event. “Copyright license” means any written agreement that is in effect now or thereafter that confers on a person a copyright in the possession of another person, now or at a later date, or that that other person has the right to obtain a licence and all rights of such a person under such an agreement. (d) Article 9 guarantees are held by donors who are free and free from Link, with the exception of Links, which are expressly authorized in accordance with Section 6.02 of the credit contract. None of the fellows submitted (i) a funding statement or similar document under the Single Code of Trade or other applicable laws, or has accepted the filing of an (i) a section 9 collateral assignment or ((ii) of an assignment in which a Grantor cedes a warranty under Article 9 or a security agreement or similar instrument that covers The guarantees covered by Article 9 with the Patent and Trademark Office U.S. Patent Office or the U.S. Patent Office. , with the exception of Links, which are expressly authorized in accordance with Section 6.02 of the credit contract.