Common use of Misdistributions of Licensed Components Clause in Contracts

Misdistributions of Licensed Components. In the event of a material breach that involves the distribution of a Licensed Component containing a Device Key in violation of the distribution restrictions of Sections 2.3.1 and 2.3.2, other than in cases where Adopter has reported to AACS LA the failure of Licensed Components to be received by the intended authorized recipient pursuant to Section 1.53(v), Adopter shall be liable to AACS LA in the amount of eight million U.S. dollars (US$8,000,000).

Appears in 3 contracts

Samples: Aacs Adopter Agreement, Aacs Adopter Agreement, Aacs Adopter Agreement

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Misdistributions of Licensed Components. In the event of a material breach that involves the distribution of a Licensed Component containing a Device Key in violation of the distribution restrictions of Sections 2.3.1 and 2.3.2, other than in cases where Adopter has reported to AACS LA the failure of Licensed Components to be received by the intended authorized recipient pursuant to Section 1.53(v1.33(v), Adopter shall be liable to AACS LA in the amount of eight million U.S. dollars (US$8,000,000).eight

Appears in 1 contract

Samples: Aacs Interim Adopter Agreement

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