Common use of Rights Not Granted Clause in Contracts

Rights Not Granted. This Agreement is not an assignment or grant to Licensee of any right, title or interest in or to the Trademarks or IP Rights, other than the grant of rights to use the Trademarks and IP Rights in connection with Licensed Products in the market segments in the Territory specifically set forth herein. Licensee acknowledges that Licensor, its Affiliates, manufacturers, and/or licensees may, without violating Licensee’s rights hereunder, distribute, sell, advertise and promote in the Territory: (i) Products in any market segment other than the Collection , Bridge and Better segments under any trademarks other than the Trademarks, and (ii) any products other than Products under the Trademarks or any other trademarks in the Territory. Licensee further acknowledges that Licensor, its Affiliates and licensees may manufacture or authorize the manufacture of Licensed Products in the Territory for sale exclusively outside of the Territory. Licensee shall not have the right to operate, Internet e-commerce sites or any other direct-to-consumer business under the Trademarks, except as expressly permitted herein or as hereafter authorized in writing by Licensor. Licensor expressly retains the right to operate, either directly or through its Affiliates or licensees Internet e-commerce sites and other direct-to-consumer businesses. All rights not specifically granted herein to Licensee are reserved to Licensor, which may at all times fully and freely exercise the same.

Rights Not Granted. This Agreement is not an assignment or grant to Licensee of any right, title or interest in or to the Trademarks or IP Rights, other than the grant of rights to use the Trademarks and IP Rights in connection with Licensed Products in the market segments in the Territory specifically set forth herein. Licensee acknowledges that Licensor, its Affiliates, manufacturers, and/or licensees may, without violating Licensee’s 's rights hereunder, distribute, sell, advertise and promote in the Territory: (i) Products in any market segment other than the Better and Collection , Bridge and Better segments under any trademarks other than the Trademarks, and (ii) any products other than Products under the Trademarks or any other trademarks in the Territory. Licensee further acknowledges that Licensor, its Affiliates and licensees may may: (i) distribute, sell, advertise and promote Licensed Products bearing the Trademarks at Licensor Retail Stores in the Territory pursuant to the terms hereof and (ii) manufacture or authorize the manufacture of Licensed Products in the Territory for sale exclusively outside of the Territoryin Japan. Licensee shall not have the right to operateoperate free-standing retail stores, in-store concessions, Internet e-commerce sites or any other direct-to-consumer business under the Trademarks, Trademarks (except as expressly permitted herein or as hereafter authorized approved in writing advance by Licensor). Licensor expressly retains the right to operate, either directly or through its Affiliates or licensees licensees, such retail stores, in-store concessions and/or Internet e-commerce sites and other direct-to-consumer businesses. All rights not specifically granted herein to Licensee are reserved to Licensor, which may at all times fully and freely exercise the same.