Common use of If Agreement Expired Clause in Contracts

If Agreement Expired. In the event this Agreement has expired in accordance with its terms, as to any Products on hand (which shall include, without limitation, all previously manufactured components and packaging for the Products) not purchased by GUESS, LICENSEE may sell such Products on a non-exclusive basis in accordance with this Agreement and only to customers approved or previously approved and at the time of expiration is in good-standing with GUESS; provided, however, LICENSEE shall have only ninety (90) days after the date of expiration to sell and ship such Products.

Appears in 2 contracts

Samples: Agreement (Parlux Fragrances Inc), Agreement (Parlux Fragrances Inc)

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If Agreement Expired. In the event this Agreement has expired in accordance with its terms, as to any Products on hand (which shall include, without limitation, all previously manufactured components materials and packaging for the manufacture and marketing of Products) not purchased by GUESS, LICENSEE may sell such Products on a non-exclusive basis in accordance with this Agreement and only to customers approved or previously approved and at the time of expiration is in good-standing with GUESSAgreement; provided, however, LICENSEE shall have only ninety six (906) days months after the date of expiration to sell and ship such Products.

Appears in 1 contract

Samples: Manufacturing License Agreement (Tag It Pacific Inc)

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If Agreement Expired. In the event this Agreement has expired in accordance with its terms, as to any Products on hand (which shall include, without limitation, all previously manufactured used components and packaging for the manufacture and marketing of Products) not purchased by GUESS, LICENSEE may sell such Products on a non-exclusive basis in accordance with this Agreement and only to customers approved or previously approved and at the time of expiration is in good-standing with GUESS; provided, however, LICENSEE shall have only ninety (90) days after the date of expiration to sell and ship such Products.

Appears in 1 contract

Samples: Trademark License Agreement (Parlux Fragrances Inc)

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