Dedicated Retail Space Clause Samples
Dedicated Retail Space. On a continuous basis throughout the Term, Licensee and each Operating Subsidiary operating a Branded Retail Store agrees to dedicate and use no less than fifty percent (50%) (the “Dedicated Space Requirement”) of each Branded Retail Store to the sale of Licensed Products or other products and merchandise of affiliates as set forth in Exhibit 1, as amended from time to time (such other products and merchandise, “Affiliate Products”). Licensee shall purchase (or shall cause the Operating Subsidiary to purchase) such Licensed Products and Affiliate Products directly from Licensor or the Suppliers (as applicable). Licensee shall have the right to elect whether to meet the Dedicated Space Requirement for each Branded Retail Store by dedicating and using at least fifty percent (50%) of the total shelf space, by square footage, of the Branded Retail Store for the sale of Licensed Products and/or Affiliate Products, or by ensuring that fifty percent (50%) of all products and merchandise SKUs offered for sale at the Branded Retail Store are Licensed Products and/or Affiliate Products. After consultation with Licensee, Licensor shall have the absolute right to determine the Licensed Products and Affiliate Products to be offered for sale; provided, that Licensor agrees to consider in good faith any requests and input from Licensee; and provided, further, that Licensor and Licensee shall utilize good faith efforts to mutually agree in determining the prices for the Licensed Products for each Branded Retail Store. Licensor agrees that it shall use its reasonable best efforts with Licensee to offer its top Licensed Products to realize maximum sales potential. Licensor shall provide Licensee (or each Operating Subsidiary, as applicable) with a list of all Licensed Products and Affiliate Products available for purchase by Licensee for sale in each Authorized Location, which list may be changed by Licensor at any time, subject to consultation with Licensee. To facilitate a variety of products and merchandise offered for sale at each Authorized Location, Licensor shall have the right in its sole and absolute discretion to designate certain product mixes or packages of Licensed Products and Affiliate Products that may be purchased by Licensee (or each Operating Subsidiary, as applicable) from the Company and its affiliates for sale in each such Authorized Location; provided, however, that Licensor shall not prohibit Licensee from selling any Licensed Products and/or Affilia...
Dedicated Retail Space a. CF&G SERVICES agrees to provide designated retail space to MEMBER for display of MEMBER’s saleable items.
i. CF&G SERVICES must approve all changes or additions in merchandise and/or services. ii. CF&G SERVICES reserves the right to make suggestions or refuse any saleable item that are not legal, not in good taste, not safe, or don't comply with the Collaborative’s general affect.
Dedicated Retail Space. On a continuous basis throughout the Term, Manager agrees to dedicate and use up to fifty (50%) (the “Dedicated Space Requirement”) of the Operation to sell Unrivaled’s and the Company’s Licensed Products (“Licensed Products”) or other products and merchandise of affiliates designated by Unrivaled and the Company (such other products and merchandise, “Affiliate Products”). Manager shall cause the Company to purchase such Licensed Products and Affiliate Products directly from Unrivaled, the Company, or its affiliates (as applicable). The Company shall have the absolute right to determine the Licensed Products and Affiliate Products to be offered for sale by the Company and its affiliates to Manager for the Operation. The Company shall provide the Manager (or Operation, as applicable) with a commercially reasonable list of a wide variety of Licensed Products and Affiliate Products available for purchase for sale in the Operation, which list may be changed by the Company at any time upon notice to the Manager. To facilitate a variety of products and merchandise offered for sale at the Operation, the Company shall have the right to designate certain product mixes of Licensed Products and Affiliate Products that the Manager may cause to be purchased from the Company and its affiliates for sale in the Operation. The Company and its affiliates have the right in their discretion to reasonably establish or change pricing for the Licensed Products and Affiliate Products offered for sale to the Manager.
Dedicated Retail Space. On a continuous basis throughout the Term, Licensee agrees to dedicate up to [***] percent (the “Dedicated Space Requirement”) of the Branded Retail Store to the sale of Licensed Products or other products and merchandise of affiliates that are designated in writing by Licensor (such other products and merchandise, “Affiliate Products”). Licensee shall have the right to elect whether to meet the Dedicated Space Requirement by dedicating and using up to [***] percent of the total shelf space, by square footage, of the Branded Retail Store for the sale of Licensed Products and/or Affiliate Products, or by ensuring that up to [***] percent of all products and merchandise SKUs offered for sale at the Branded Retail Store are Licensed Products and/or Affiliate Products. The prices for Licensed Products and Affiliate Products shall be established by Licensee after good faith consultation with Licensor; provided that such prices shall: (i) be informed by the average retail rates charged for similar products by similarly situated retail cannabis stores in the Territory; and (ii) shall not be less than the minimum retail rate for such licensed products at Other Branded Stores outside the Territory without Licensor’s prior written consent, such consent not to be unreasonably withheld, conditioned or delayed. If, after the Effective Date, there is a change in Applicable Law under which Licensee is permitted to dedicate [***] percent or more of the Branded Retail Store to the sale of Licensed Products, then Licensee agrees that the Dedicated Space Requirement shall be met by dedicating at least [***] percent of the Branded Retail Store to the sale of Licensed Products and Affiliate Products.