Common use of Obligations of AimRite Holdings Clause in Contracts

Obligations of AimRite Holdings. a. Manufacturing, Distributing and Sales. AimRite Holdings shall diligently work to develop, manufacture, distribute and sell products based the technology. b. Distributorships and Manufacturing Sublicenses. AimRite Holdings shall exercise its best efforts, if it deems necessary and appropriate, to seek and obtain agreements, including sublicenses, for the manufacture, distribution and sale of products based on the technology. Such agreements are subject to the review and approval of KENMAR. c. Authority AimRite shall have no right, power or authority to bind KENMAR to any agreement without the written consent of and acceptance by KENMAR.

Appears in 4 contracts

Samples: International Licensing Agreement (Aimrite Holdings Corp), International Licensing Agreement (Aimrite Holdings Corp), International Licensing Agreement (Aimrite Holdings Corp)

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