Common use of Licensor’s Reserved Rights Clause in Contracts

Licensor’s Reserved Rights. Licensor reserves all rights not expressly licensed to Licensee hereunder, including without limitation, the right to Operate any business or properties and/or use the Licensed IP and Hilton Data in any manner that does not violate Licensee’s exclusive rights herein. Licensor may sell, assign or license the Hilton Marks (other than the Licensed Marks) without Licensee’s consent, and any acquirer, assignee or licensee shall have no obligation to Licensee herein.

Appears in 6 contracts

Samples: HGV License Agreement (Hilton Worldwide Holdings Inc.), HGV License Agreement (Hilton Grand Vacations Inc.), License Agreement

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