Common use of Licensor and Licensee Clause in Contracts

Licensor and Licensee. together with and Payment to American other licensees of American, shall of Expenses for cooperate in the sales promotion programs Administering Same of approved products. To this end, American has reserved the right to establish and organize sales promotion programs from time to time and Licensee agrees to pay to Licensor for remittance to American a sales promotion program fee as set forth in Paragraph 9.1 hereof. Licensee acknowledges and agrees that American has had in the past, and shall in the future have, the discretion to determine expenditures of funds collected in respect to sales promotion programs and as to the selection of the promotional materials and programs for which said expenditures are made, provided, however, that American shall make a good faith effort to expend such funds in the general best interest of participating licensees. Licensee acknowledges and agrees that American may compensate itself and/or its affiliates for the expense of administering such sales promotion programs. Licensor shall advise Licensee annually of American's expenses in administering said sales promotion programs.

Licensor and Licensee. together with and Payment to American other licensees of American, American shall of Expenses for cooperate in the sales promotion programs Administering Same of approved products. To this end, American has reserved the right to establish and organize sales promotion programs from time to time and Licensee agrees to pay to Licensor for remittance to American a sales promotion program fee as set forth in Paragraph 9.1 hereof. Licensee acknowledges and agrees that American has had in the past, and shall in the future have, the discretion to determine expenditures of funds collected in respect to sales promotion programs and as to the selection of the promotional materials and programs for which said expenditures are made, provided, however, that American shall make a good faith effort to expend such funds in the general best interest of participating licensees. Licensee acknowledges and agrees that American may compensate itself and/or its affiliates for the expense of administering such sales promotion programs. Licensor shall advise Licensee annually of American's expenses in administering said sales promotion programs.

Licensor and Licensee. together with and Payment to American other licensees of Programs and American, shall of Expenses for cooperate in the sales promotion Payment to programs Administering Same of approved products. To this end, American American of has reserved the right to establish and organize sales Expenses for promotion programs from time to time and Licensee Administering agrees to pay to Licensor for remittance to American a Same sales promotion program fee as set forth in Paragraph 9.1 hereof. Licensee acknowledges and agrees that American has had in the past, and shall in the future have, the discretion to determine expenditures of funds collected in respect to sales promotion programs and as to the selection of the promotional materials and programs for which said expenditures are made, provided, however, that American shall make a good faith effort to expend such funds in the general best interest of participating licensees. Licensee acknowledges and agrees that American may compensate itself and/or its affiliates for the expense of administering such sales promotion programs. Licensor shall advise Licensee annually of American's expenses in administering said sales promotion programs.