Common use of Termination by LICENSEE's Breach Clause in Contracts

Termination by LICENSEE's Breach. If this Agreement is terminated by NCL as a result of a breach of its terms and conditions by LICENSEE, LICENSEE shall immediately cease all distribution, advertising, marketing or sale of any Licensed Products. All Licensed Products in LICENSEE’s control as of the date of such termination shall be destroyed by LICENSEE within ten (10) days and proof of such destruction (certified by an officer of LICENSEE) shall be provided to NCL.

Appears in 1 contract

Samples: Renewal License Agreement (Activision Inc /Ny)

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Termination by LICENSEE's Breach. If this Agreement is terminated by NCL as a result of a material breach of its terms and conditions by LICENSEE, LICENSEE shall immediately cease all distribution, advertising, marketing or sale of any Licensed Products. All Licensed Products in LICENSEE’s 's control as of the date of such termination shall be [*] Confidential portion omitted and filed separately with the Securities and Exchange Commission. MARCH 20, 2002 CONFIDENTIAL destroyed by LICENSEE within ten (10) days and proof Notice of such destruction (with proof certified by an officer of LICENSEE) shall be provided delivered to NCL.

Appears in 1 contract

Samples: License Agreement (Activision Inc /Ny)

Termination by LICENSEE's Breach. If this Agreement is terminated by NCL as a result of a material breach of its terms and conditions by LICENSEE, LICENSEE shall immediately cease all distribution, advertising, marketing or sale of any Licensed Products. All Licensed Products in LICENSEE’s control as of the date of such termination shall be destroyed by LICENSEE within ten (10) days and proof Notice of such destruction (with proof certified by an officer of LICENSEE) shall be provided delivered to NCL.

Appears in 1 contract

Samples: First Renewal License Agreement (Activision Inc /Ny)

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Termination by LICENSEE's Breach. If this Agreement is terminated by NCL as a result of a breach of its terms and conditions by LICENSEE, LICENSEE shall immediately cease all distribution, advertising, marketing or sale of any Licensed Products. All Licensed Products in LICENSEE’s 's control as of the date of such termination shall be destroyed by LICENSEE within ten (10) days and proof of such destruction (certified by an officer of LICENSEE) shall be provided to NCL.

Appears in 1 contract

Samples: License Agreement (Activision Inc /Ny)

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