Common use of Damages in Event the Licensee Fails to Cease Use Clause in Contracts

Damages in Event the Licensee Fails to Cease Use. If Licensee should willfully or negligently continue to use any of the Marks, the Names or the Websites outside the terms of this Agreement, Licensee shall pay to Licensor the amount of its damages and in any event, not less than $25,000 for each day that Licensee continues to use the Marks, the Names or the Websites beyond the period during which, or outside the terms under which use is permitted hereunder. Such payment shall not in any way limit any other rights or remedies otherwise available to the Licensor.

Appears in 4 contracts

Samples: Trademark License Agreement (Extended Stay America, Inc.), Trademark License Agreement (ESH Hospitality LLC), Trademark License Agreement (ESH Hospitality LLC)

AutoNDA by SimpleDocs

Damages in Event the Licensee Fails to Cease Use. If Licensee should willfully or negligently continue to use any of the Marks, the Names or the Websites outside the terms of this Agreement, Licensee shall pay to Licensor the amount of its damages and in any event, not less than $25,000 for each day that Licensee continues to use the Marks, the Names Names, or the Websites beyond the period during which, or outside the terms under which use is permitted hereunder. Such payment shall not in any way limit any other rights or remedies otherwise available to the Licensor.

Appears in 1 contract

Samples: Trademark License Agreement (ESH Hospitality LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.