Examples of Brand Licensing Agreement in a sentence
EGM The EGM will be held to consider and, if thought fit, pass, with or without modification, the ordinary resolution to approve, among other things, the Agreement and the transactions contemplated thereunder (including the Transactions and the entering into all ancillary agreements to the Agreement, such as the Brand Licensing Agreement, the Strategic Cooperation Agreement, the Transitional Service Agreement, the Shareholders’ Agreement and the Escrow Account Agreement) by way of poll.
The trustee brought thisadversary action against PNY seeking, among other things, royalties that PNY allegedly owes to Polaroid under a Brand Licensing Agreement (“BLA”).
Accordingly a Brand Licensing Agreement between the Company and its subsidiaries with JSW Investments Pvt Ltd., was executed on 08th October 2014 and an amount of ` 52.89 crore has been recognised as Brand licensing fee in the Consolidated Financial Statements of the Company for the year 2014-15.
The consideration was determined by the parties after arms’ length negotiation based on the future fees payable to the Wanda Parties and their related parties under, among others, the Brand Licensing Agreement for the parks and commercial areas, and the current Carrying Amount of the Cash Balance of the Target Companies and the shareholders’ loans owed to the Wanda Parties.
The Company had a Brand Licensing Agreement (“BLA”) with SC Johnson (“SCJ”) that terminated in the second quarter of 2017.
In the context of a wish by Disney to sell Sky News, the Brand Licensing Agreement at paragraph 7 of the Agreement allows Sky to terminate the Sky News Brand LicenceAgreement should Sky News be transferred to a company outside of Disney or Fox without their consent.
The significance of brand in this industry is also evident from the recital of the Brand Licensing Agreement entered into between L&T and Schneider, wherein, the Parties state that ‘ In order to allow the Licensee to fully exploit the value of the Business purchased under the Business Transfer Agreement, the Licensee needs to be able to utlise and benefit from the goodwill of the Brands and the reserved Marks which are used in the Business’.
This clause should either be omitted from the Brand Licensing Agreement or amended to allow Sky to suggest changes which Sky News is free to accept or reject.
As part of the transaction, Virgin Australia and Tiger Holdings propose to enter into a Shareholders Agreement, Brand Licensing Agreement and Services Agreement.
The assessee in 2006-2007 had debited amounts under the head “Techno Commercial Agreement” and a further sum was paid towards Brand Licensing Agreement, executed on 14.03.2005.