Common use of Licensing Company May Make Changes to Licensing System Clause in Contracts

Licensing Company May Make Changes to Licensing System. Licensee acknowledges for itself and its Affiliates, and agrees that the integrity of Licensing Company’s licensing system is important to the equitable treatment of manufacturers of Licensed Product and to open and fair competition in the market for Licensed Product and the market for licensing intellectual property rights relevant to Licensed Product. Accordingly, Licensee acknowledges for itself and its Affiliates, and agrees that Licensing Company may, in its sole discretion which Licensing Company shall not exercise unreasonably or within an unreasonably short period of time, revise any and all of the following:

Appears in 3 contracts

Samples: License Agreement, License Agreement, License Agreement

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Licensing Company May Make Changes to Licensing System. Licensee acknowledges for itself and its Affiliates, and agrees that the integrity of Licensing Company’s licensing system is important to the equitable treatment of manufacturers of Licensed Product and to open and fair competition in the market for Licensed Product and the market for licensing intellectual property rights relevant to Licensed Product. Accordingly, Licensee acknowledges for itself and its Affiliates, and agrees that Licensing Company may, in its sole discretion which Licensing Company shall not exercise unreasonably or within an unreasonably short period of time, revise any and all of the following:

Appears in 2 contracts

Samples: License Agreement, License Agreement

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