Exploitation of License. (a) Licensee agrees to use best efforts and diligence to continuously sell and distribute the Licensed Products throughout the entire Territory during the Term. If at any time during the Term Licensee fails to ship Licensed Products in commercially reasonable amounts for a consecutive period of more than ninety (90) days, the Licensee shall be deemed to be in material default under this Agreement.
Appears in 2 contracts
Samples: License Agreement (Happy Kids Inc), License Agreement (Happy Kids Inc)
Exploitation of License. (a) Licensee agrees to use best efforts and diligence to continuously sell sell, distribute, advertise and distribute promote the Licensed Products throughout the entire Territory during the TermTerritory. If at any time during the Term Licensee fails to ship Licensed Products in commercially reasonable amounts for a consecutive period of more than ninety (90) days, the Licensee shall be deemed to be in material default under this Agreement.
Appears in 2 contracts
Samples: License Agreement (Happy Kids Inc), License Agreement (Happy Kids Inc)