Common use of RIGHTS AND OBLIGATIONS UPON EXPIRATION OR TERMINATION Clause in Contracts

RIGHTS AND OBLIGATIONS UPON EXPIRATION OR TERMINATION. Upon the expiration or termination of this Sublicense Agreement, all rights herein granted to Sublicensee shall revert to MVWC or Licensor , and Sublicensee shall immediately cease all use of the Licensed Marks and System.

Appears in 3 contracts

Samples: Sublicense Agreement (Marriott Vacations Worldwide Corp), Development Agreement (Marriott International Inc /Md/), Sublicense Agreement (Marriott Vacations Worldwide Corp)

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RIGHTS AND OBLIGATIONS UPON EXPIRATION OR TERMINATION. Upon the expiration or termination of this Sublicense Agreement, all rights herein granted to Sublicensee shall revert to MVWC or Licensor Licensor, and Sublicensee shall immediately cease all use of the Licensed Marks and System.

Appears in 1 contract

Samples: Sublicense Agreement (Marriott Vacations Worldwide Corp)

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