New Products and Services. Licensee may develop or acquire products or services that are not in the Vacation Ownership Business but are substantially similar to products and services being offered at the time by other Persons who operate a business described in clause (i) of the definition of “Vacation Ownership Business” of quality similar to Licensee: (i) as Separate Operations or (ii) subject to Licensor’s prior written consent, as part of the Licensed Vacation Ownership Business.
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Samples: License Agreement (Hilton Worldwide Holdings Inc.), License Agreement (Hilton Grand Vacations Inc.), License Agreement (Hilton Grand Vacations Inc.)
New Products and Services. Licensee may develop or acquire products or services that are not in the Vacation Ownership Business but are substantially similar to products and services being offered at the time by other Persons who operate a business described in clause (i) of the definition of “Vacation Ownership Business” of quality similar to Licensee: (ia) as Separate Operations or (iib) subject to Licensor’s prior written consent, as part of the Licensed Vacation Ownership Business.
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