Licensee and Licensee Clause Samples

Licensee and Licensee. Affiliates shall keep and maintain complete, accurate, and detailed books and records in paper and electronic format for all Licensed Products (all such books and records collectively referred to as “Necessary Records”). Necessary Records include, but are not limited to, all books and records related to: (i) the organization chart showing the relationship of Licensee with all Licensee Affiliates; and (ii) all purchases, stocks, deliveries, Manufacture, and Sale of all products, as well as technical specifications of all Licensed Products. Necessary Records pertaining to a particular royalty reporting period, including Necessary Records relating to the Manufacture, use, import, offer for Sale, Sale, or other disposition of any products prior to the Effective Date, shall be maintained for five (5) years from the date on which a royalty is paid or should have been paid, whichever is later.

Licensee and Licensee. Affiliates shall keep and maintain accurate and detailed books and records in paper and electronic form including, but not limited to, all books and records showing the relationship of Licensee and all Licensee Affiliates and all production, purchases, stocks, deliveries, technical specifications of all Wi-Fi 6 Products, and sales records related to Wi-Fi 6 Products (all books and records collectively referred to as “Necessary Records”). Necessary Records pertaining to a particular royalty reporting period, including Necessary Records relating to the Making and/or Selling of any Wi-Fi 6 Products, shall be maintained for five (5) years after the expiration of the Term.

Licensee and Licensee. Affiliates shall keep and maintain accurate and detailed books and records in paper and electronic form including, but not limited to, all books and records related to the organization chart showing the relationship of Licensee and all Licensee Affiliates and all production, purchases, stocks, deliveries, technical specifications of all products, and sales records (all books and records collectively referred to as “Necessary Records”). Necessary Records pertaining to a particular royalty reporting period, including Necessary Records relating to the Manufacture, use, import, purchase, offer to Sell, Sale, or other disposition of any products prior to the Effective Date, shall be maintained for five (5) years from the date on which a royalty is paid or should have been paid, whichever is later.

Licensee and Licensee s Franchisees shall maintain the Kiosk and keep the Kiosk clean, hazard free, and safe for customers and associates. Licensee shall repair any damage to the Store caused by Licensee, Licensee’s Franchisees, and/or Licensee’s customers.

Licensee and Licensee. Affiliates shall keep and maintain accurate and detailed books and records in paper and electronic form including, but not limited to, all books and records showing the relationship of Licensee and all Licensee Affiliates and all production, purchases, stocks, deliveries, technical specifications of all Wi-Fi 6 Products, and sales records related to Wi-Fi 6 Products (all books and records ĐŽůůĞĐƚŝǀĞůNLJe cesƌsaĞryĨReĞcoƌrdƌs͟ĞͿĚ͘ ƚ Ž ĂƐ Necessary Records pertaining to a particular royalty reporting period, including Necessary Records relating to the Making and/or Selling of any Wi-Fi 6 Products, shall be maintained for five (5) years after the expiration of the Term.

Licensee and Licensee. Third Parties will only practice the Patents in the Field of Use and in accordance with applicable U.S. federal, state and local laws, and administrative regulations. Both Parties will affix appropriate patent markings pursuant to 35 U.S.C. §287(a) to any products claimed by any Patent that is a United States patent for products made, sold or imported into the United States.

Licensee and Licensee s Parties will not, at any time during the Term, cause or permit any Hazardous Materials to be brought upon, stored, manufactured, generated, blended, handled, recycled, treated, disposed, or used on, under, or about the Premises for any purpose, except as specifically approved in writing by Licensor ("Permitted Hazardous Materials"), as amended from time to time. Any material change to the Permitted Hazardous Materials must be approved in advance in writing by Licensor, whose approval will not be unreasonably withheld.

Licensee and Licensee s guests shall not breach the peace and quiet enjoyment of neighboring people and properties. Licensee shall be entitled to an initial verbal warning from either a Public Safety Officer from the Town of Camden or a Snow Bowl representative to correct any breach of the peace. If Licensee and/or Licensee’s guests fail to correct the breach of the peace after a warning, Licensee’s rights under this license shall terminate. Upon termination, the Licensee and all guests shall immediately vacate the premises and forfeit deposits and rental fees. This remedy shall not be exclusive, and should any person or persons be cited for violation of local zoning ordinances and/or criminal statutes, they shall be separate and distinct violations.

Licensee and Licensee s Franchisees shall procure and maintain during the Initial Term and any renewal term of this Agreement, at no expense to Retailer, the following insurance coverage: (1) Worker’s Compensation insurance with statutory limits, or if no statutory limits exist, with minimum limits of five hundred thousand dollars ($500,000) per occurrence, and Employer’s Liability coverage with minimum limits of ($500,000), for each employee for bodily injury by accident and for each employee for bodily injury by disease. Licensee and Licensee’s Franchisees shall cause Insurer (as defined below) to issue an endorsement providing stopgap insurance in monopolistic states in which a Kiosk may be located. (2) Commercial General Liability insurance with a two million dollar ($2,000,000) minimum limit per occurrence for each Store in which a Kiosk is located or with per location aggregate limits for each Store in which a Kiosk is located. This Commercial General Liability policy may not contain an exclusion for contractual liability assumed by Licensee in this Agreement unless such coverage is provided by a separate policy with minimum limits equal to the Commercial General Liability insurance limits designated in the preceding sentence.