Common use of Change of the Agreement Clause in Contracts

Change of the Agreement. 7.1 In case Party A is changed or terminated and the license right to the Trademark is to be assigned or transferred for that reason, the Agreement shall be performed continuously by the successor of Party A, and if Party A has no successor, the Agreement shall be terminated automatically.

Change of the Agreement. 7.1 In case Party A is changed or terminated and the sub-license right to the Trademark is to be assigned or transferred for that reason, the Agreement shall be performed continuously by the successor of Party A, and if Party A has no successor, the Agreement shall be terminated automatically.