Common use of Registration and License Fees Clause in Contracts

Registration and License Fees. 5.1 I shall at my own expense register the Goods in my name and keep the Goods so registered and licensed and deliver the registration certificate for the Goods (duly signed or endorsed if requested by you) to you for your retention until payment in full of all sums due to you under this Agreement. I shall seek your written consent before applying for any Hong Kong-China dual license. 5.2 I shall punctually pay in full all license fees, registration charges, duties, taxes and all other outgoings payable in respect of the Goods or their use at all relevant times during the term and any Secondary Term (if applicable) of this Agreement. I shall comply with all laws and regulations affecting the Goods or the use or possession thereof. I shall produce to you on demand the latest receipts for all such payments. 5.3 If I default in making any payment required under this Clause 5, you shall be at liberty, but shall not be obliged, to make all or any such payments on my behalf and I shall forthwith on demand reimburse you for the amount of such payments.