Licensor Retail Stores Sample Clauses
The 'Licensor Retail Stores' clause defines the rights and obligations related to the operation or use of retail stores by the licensor within the context of a licensing agreement. Typically, this clause specifies whether the licensor is permitted to open and operate its own branded retail locations, and may outline any restrictions or conditions on such activities, such as geographic limitations or requirements to avoid competition with the licensee. Its core function is to clarify the licensor's ability to engage in direct retail sales, thereby preventing potential conflicts or misunderstandings between the licensor and licensee regarding market presence and competition.
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Licensor Retail Stores. All requests by Licensee for the approval of a new account shall be submitted to Licensor by completing a New Account Approval Form in the form set forth in Schedule 5.4(c) hereto. Licensee shall keep records of all New Account Approval Forms throughout the term of this Agreement and for two (2) years following the termination or expiration hereof. Licensee shall not have the right to sell, offer for sale or distribute any Licensed Products without Licensor’s prior approval, on a case by case basis, (i) to bases or exchanges of the Armed Forces, (ii) to Duty Free retailers, or (iii) through Duty Free channels of trade.
Licensor Retail Stores. All requests by Licensee for the approval of a new account shall be submitted to Licensor by completing a New Account Approval Form in the form set forth in Schedule 5.4(c) hereto. Licensee shall keep records of all New Account Approval Forms throughout the term of this Agreement and for two (2) years following the termination or expiration hereof. Only with Licensor's prior written approval on a case-by-case basis, Licensee shall have the right to sell, offer for sale or distribute Licensed Products: (i) to bases or exchanges of the Armed Forces, (ii) to Duty Free retailers, (iii) through Duty Free channels of trade, or (iv) internet sites of bricks and mortar accounts or (v) direct mail merchants.
Licensor Retail Stores. Any sale or distribution of Licensed Products a Store and that has not been approved in advance by Licensor shall be deemed a material breach of this Agreement. All requests by Licensee for the approval of a new account shall be submitted to Licensor by completing a New Account Approval Form. Licensee shall not have the right to sell, offer for sale or distribute any Licensed Products without Licensor's prior approval.