INTER PARFUMS Clause Samples

The "INTER PARFUMS" clause typically identifies or defines the party known as Inter Parfums within a contract, establishing their role, rights, and obligations in the agreement. In practice, this clause may specify Inter Parfums as a licensor, licensee, supplier, or partner, and outline the scope of their involvement, such as manufacturing, distribution, or branding responsibilities. Its core function is to ensure clarity regarding the identity and contractual duties of Inter Parfums, thereby preventing misunderstandings about each party's role in the business relationship.
INTER PARFUMS acknowledges the present and future rights of LACROIX in the Trademarks, including in particular the Trademarks described in Article
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INTER PARFUMS undertakes not to use the Trademarks other than in the form specified in Exhibit 1 and solely in connection with the Products, the Product Environment, and the sale and promotion thereof.
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INTER PARFUMS undertakes to submit audited annual accounts relating to the royalty payments. The said accounts shall be sent to LACROIX before the end of the third month following the closure of accounts for each corresponding Contract Year.
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INTER PARFUMS is authorised, under its entire liability, to contract out any or all of the manufacturing of the Products and to entrust the commercialisation of the Products to third parties acting in a capacity of sales agents or Distributors on the following conditions: o INTER PARFUMS gives an undertaking that all manufacturing of the Products or perfume extracts by its subcontractors shall be done in Europe; o INTER PARFUMS undertakes to have its subcontractors and Distributors abide by the general terms and conditions of this Agreement; o INTER PARFUMS shall from time to time transmit the list of subcontractors and Distributors to LACROIX, at its request.
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INTER PARFUMS undertakes to take all the necessary steps so that, within 36 (thirty-six) months of the Effective Date of this Agreement, the first line of perfume referred to above shall be widely distributed in Europe, North America, South America, Asia and the Middle East, and shall also be present in duty-free points-of-sale.
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INTER PARFUMS undertakes to see to it that all of the products, as well as any and all extracts of perfumes or the product components are manufactured in Europe.
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INTER PARFUMS jointly with its Distributors, undertakes to invest in advertising for the Products a minimum of _____________________ of net local wholesale annual turnover from the sale of the Products for the entire term of the Agreement. The advertising budget will cover advertising expenses at points-of-sale (shop windows, samples, miniatures, testers, etc.), advertising spending on media (magazines, newspapers, television, etc.) and public relations and promotional expenses. INTER PARFUMS further undertakes to audit the advertising spending and actions of its Distributors.
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INTER PARFUMS undertakes to adopt a selective sales policy for the distribution of the Products and only to sell the Products through selective points-of-sale, perfume shops and department stores. INTER PARFUMS further undertakes that the Products shall be commercialised at a price corresponding to the "▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇" brand image.
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Related to INTER PARFUMS

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