Common use of Effect of Termination of Rights as to Licensed Product or Portion of Territory Clause in Contracts

Effect of Termination of Rights as to Licensed Product or Portion of Territory. UM’s termination, pursuant to Sections B(4)(d) or B(4)(e), of the Licensee’s rights with respect to a particular Licensed Product or a country of the Territory shall not reduce or otherwise alter the Guaranteed Royalty Amounts due UM from the Licensee under this Agreement.

Appears in 1 contract

Sources: License Agreement (Eternal Image Inc)

Effect of Termination of Rights as to Licensed Product or Portion of Territory. UM’s termination, pursuant to Sections B(4)(d) or B(4)(e), of the Licensee’s rights with respect to a particular Licensed Product or a country of the Territory shall not reduce or otherwise alter the Guaranteed Royalty Amounts due UM from the Licensee under this Agreement.. B(5)

Appears in 1 contract

Sources: License Agreement (Eternal Image Inc)