Common use of Breach of License Agreement Clause in Contracts

Breach of License Agreement. The Licensee acknowledges and agrees that any breach of this License Agreement will solely place the responsibility on the Licensee to repair any damages that may have happened during the contract term, or any instances related to the breach that will occur after termination date of the contract. After receiving a written termination notice from the Licensor and/or the Licensor’s attorney, the Licensee will have five (5) business days to rectify any issues, problems, damages, or any breach of any sort that has occurred during this Contract Agreement. At the end of the Fifth (5th) business day, if the Licensee has not resolved or attempted to resolve any alleged breaches of this agreement all rights and obligations will be terminated as Licensor has right to do so. The Licensee will be held liable for any legal damages that might occur if there is any illegal commercial exploitation of the Beat and/or New Song. Any use to make profit of the unauthorized commercial exploitation of this Beat and/or New Song could result in the Licensor taking legal action if necessary. Any monies paid, collected, or received after use of the unauthorized Beat and/or New Song will be subject to possible legal action being taken by the Licensor, including any agreements or monies exchanged to any third parties that help contribute in anyway. The Licensee will be obligated to pay all court cost, attorney fees that are reasonable, and any litigation expenses of those resulting from damages or expenses that may have occurred to the Licensor because of the result of a violation that was made by the Licensee during the term of this agreement. The Licensor has the right to seek a temporary restraining order and/or a preliminary injunction RESTRICTING the Licensee from violating the terms and conditions of the License agreement if necessary. It is to be understood that any breach of this contract agreement made by the Licensee can become a serious issue for the Licensor and has the potential to cause substantial irreversible damage that may not be recoupable for the Licensor, depending. The Licensor has the right to pursue any legal ways possible to help recoup and recover any damages that was caused by the Licensee.

Appears in 4 contracts

Samples: Non Exclusive Premium Beat License Agreement, Non Exclusive Basic Beat License Agreement, Non Exclusive Standard Beat License Agreement

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Breach of License Agreement. The Licensee acknowledges and agrees that any breach of this License Agreement will solely place the responsibility on the Licensee to repair any damages that may have happened during the contract term, or any instances related to the breach that will occur after termination date of the contract. After receiving a written termination notice from the Licensor and/or the Licensor’s attorney, the Licensee will have five (5) business days to rectify any issues, problems, damages, or any breach of any sort that has occurred during this Contract Agreement. At the end of the Fifth (5th) business day, if the Licensee has not resolved or attempted to resolve any alleged breaches of this agreement all rights and obligations will be terminated as Licensor has right to do so. The Licensee will be held liable for any legal damages that might occur if there is any illegal commercial exploitation of the Beat and/or New SongAudiovisual. Any use to make profit of the unauthorized commercial exploitation of this Beat and/or New Song Audiovisual could result in the Licensor taking legal action if necessary. Any monies paid, collected, or received after use of the unauthorized Beat and/or New Song Audiovisual will be subject to possible legal action being taken by the Licensor, including any agreements or monies exchanged to any third parties that help contribute in anyway. The Licensee will be obligated to pay all court cost, attorney fees that are reasonable, and any litigation expenses of those resulting from damages or expenses that may have occurred to the Licensor because of the result of a violation that was made by the Licensee during the term of this agreement. The Licensor has the right to seek a temporary restraining order and/or a preliminary injunction RESTRICTING the Licensee from violating the terms and conditions of the License agreement if necessary. It is to be understood that any breach of this contract agreement made by the Licensee can become a serious issue for the Licensor and has the potential to cause substantial irreversible damage that may not be recoupable for the Licensor, depending. The Licensor has the right to pursue any legal ways possible to help recoup and recover any damages that was caused by the Licensee.

Appears in 2 contracts

Samples: Synchronization and Performance Rights License Agreement, Synchronization and Performance Rights License Agreement

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