Common use of Authorized Dealers, Resellers, Value Added Resellers and Sublicensees Clause in Contracts

Authorized Dealers, Resellers, Value Added Resellers and Sublicensees. Licensee shall provide to Licensor within ten (10) days after the expiration of each calendar year a list of all Sublicensees and a list of all material Authorized Dealers, Resellers and Value Added Resellers. Licensor shall have the right, exercisable in its reasonable discretion, to give Licensee notice requiring Licensee to terminate any Authorized Dealer, Reseller, Value Added Reseller or Sublicensee that Licensor reasonably believes is not in compliance with the Quality Standards (after notice of such non-compliance and a reasonable opportunity to cure has been granted to such Authorized Dealer, Reseller, Value Added Reseller or Sublicensee) effective no later than thirty (30) days from the date such notice is given by Licensor to Licensee. All Authorized Dealers, Resellers, Value Added Resellers and Sublicensees shall be bound by the Quality Standards and by Licensee's obligations under this Agreement. A breach by any such Authorized Dealer, Reseller, Value Added Reseller or Sublicensee of this Agreement shall be deemed a breach of this Agreement by Licensee; provided that, Licensee's termination of such breaching Authorized Dealer, Reseller, Value Added Reseller or Sublicensee shall be deemed to cure any such breach.

Appears in 4 contracts

Samples: Brand License Agreement (Aol Time Warner Inc), Brand License Agreement (Aol Time Warner Inc), License Agreement (Aol Time Warner Inc)

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Authorized Dealers, Resellers, Value Added Resellers and Sublicensees. Licensee shall provide to Licensor within ten (10) days after the expiration of each calendar year a list of all Sublicensees and a list of all material Authorized Dealers, Resellers and Value Added Resellers. Licensor shall have the right, exercisable in its reasonable discretion, to give Licensee notice requiring Licensee to terminate any Authorized Dealer, Reseller, Value Added Reseller or Sublicensee that Licensor reasonably believes is not in compliance with the Quality Standards (after notice of such non-compliance and a reasonable opportunity to cure has been granted to such Authorized Dealer, Reseller, Value Added Reseller or Sublicensee) effective no later than thirty (30) days from the date such notice is given by Licensor to Licensee. All Authorized Dealers, Resellers, Value Added Resellers and Sublicensees shall be bound by the Quality Standards and by Licensee's obligations under this Agreement. A breach by any such Authorized Dealer, Reseller, Value Added Reseller or Sublicensee of this Agreement shall be deemed a breach of this Agreement by Licensee; provided that, Licensee's termination of such breaching Authorized Dealer, Reseller, Value Added Reseller or Sublicensee shall be deemed to cure any such breach. 6.

Appears in 1 contract

Samples: License Agreement

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