Common use of Licensee and Licensee Clause in Contracts

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.

Appears in 2 contracts

Sources: Sublicense Agreement, Sublicense Agreement