Common use of Provision of Samples Clause in Contracts

Provision of Samples. Licensee will provide Licensor with representative samples of any new materials that use or contain the IP Rights that have been prepared for, in connection with, or related to the promotion, sale, regulatory activities or performance of Licensee’s products and services at least ten (10) business days prior to any filing, distribution or use of such new materials should same have been prepared or made by Licensee or a third-party agent or contractor retained by Licensee (collectively, “3rd Party Works”). Licensor shall have the right to review and in its reasonable discretion approve or reject the use or display of the IP Rights as may appear in such 3rd Party Works. Materials to be used for, in connection with or related to the promotion, sale, regulatory activities or performance of Licensee’s products and services prepared by an affiliate of Licensor (such affiliate not to include the CCT Advisor) shall be presumed to be compliant with the Policies & Standards. For materials prepared as Regulatory Filings, Licensee shall submit to Licensor representative samples of such Regulatory Filings and Licensor shall have the right to review and in its reasonable discretion approve or reject such use of only the IP Rights as may be contained or used in the Regulatory Filings. Any item submitted for approval shall be reviewed and either approved or disapproved within ten (10) business days after submission to Licensor. Once approved, no further approval from Licensor shall be required for extended promotions, advertising or marketing campaigns using such approved materials; provided however, that Licensor must approve any changes to the IP Rights as used in the Regulatory Filings. If Licensee has not received approval or disapproval from Licensor, and Licensee has contacted the Licensor by telephone, email, or writing to make arrangements for the review of the items, the submission shall then be deemed approved.

Appears in 1 contract

Sources: Intellectual Property License Agreement (Corporate Capital Trust, Inc.)

Provision of Samples. Licensee will provide Licensor with representative samples of any new materials that use or contain the IP Rights that have been prepared for, in connection with, or related to the promotion, sale, regulatory activities or performance of Licensee’s products and services at least ten (10) business days prior to any filing, distribution or use of such new materials should same have been prepared or made by Licensee or a third-party agent or contractor retained by Licensee (collectively, “3rd Party Works”). Licensor shall have the right to review and in its reasonable discretion approve or reject the use or display of the IP Rights as may appear in such 3rd Party Works. Materials to be used for, in connection with or related to the promotion, sale, regulatory activities or performance of Licensee’s products and services prepared by an affiliate of Licensor (such affiliate not to include the CCT II Advisor) shall be presumed to be compliant with the Policies & Standards. For materials prepared as Regulatory Filings, Licensee shall submit to Licensor representative samples of such Regulatory Filings and Licensor shall have the right to review and in its reasonable discretion approve or reject such use of only the IP Rights as may be contained or used in the Regulatory Filings. Any item submitted for approval shall be reviewed and either approved or disapproved within ten (10) business days after submission to Licensor. Once approved, no further approval from Licensor shall be required for extended promotions, advertising or marketing campaigns using such approved materials; provided however, that Licensor must approve any changes to the IP Rights as used in the Regulatory Filings. If Licensee has not received approval or disapproval from Licensor, and Licensee has contacted the Licensor by telephone, email, or writing to make arrangements for the review of the items, the submission shall then be deemed approved.

Appears in 1 contract

Sources: Intellectual Property License Agreement (Corporate Capital Trust II)