Common use of Reduction Warranting Refund Clause in Contracts

Reduction Warranting Refund. Upon notice to Licensee, Mintel may withdraw from Licensee either the entire Database or any media channel, section, or data contained in the Database. If such a withdrawal from the Database is for reasons other than those covered elsewhere in this Agreement, and if the amount of material so withdrawn comprises ten percent (10%) or more of the Content, then Mintel promptly will make a pro rata refund of any fully paid Royalty (plus any sales taxes paid) for that portion of the Service, as stated on the Order Form, taking into account the amount of material withdrawn, the length of time such material was unavailable to Licensee, and the remaining un-expired portion of the Term.

Appears in 3 contracts

Sources: Terms and Conditions, Terms and Conditions, Terms and Conditions