Common use of Marketing Rights Clause in Contracts

Marketing Rights. Subject to the terms and conditions herein, during the Noncompetition Term, Licensor hereby grants to Licensee the right to market the Licensed Vacation Ownership Business at Licensor’s corporate-level advertising channels, including websites and social media properties (but not the channels of individual Hilton-branded properties). Such right is exclusive, meaning that during the Noncompetition Term, Licensor will not allow any other Person to market a Vacation Ownership Business through such channels.

Appears in 4 contracts

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

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Marketing Rights. (a) Subject to the terms and conditions herein, during the Noncompetition Term, Licensor hereby grants to Licensee the right to market the Licensed Vacation Ownership Business at Licensor’s corporate-level advertising channels, including websites and social media properties (but not the channels of individual Hilton-branded properties). Such right is exclusive, meaning that during No additional fee or cost shall be payable by Licensee to Licensor for the Noncompetition Term, Licensor will not allow any other Person to market a Vacation Ownership Business through such channelsmarketing rights described in this Section 1.5(a).

Appears in 2 contracts

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

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