Examples of Brand Licensing Agreement in a sentence
Deemed acquisition of a subsidiary On 31 May 2023, AAGL entered into a Master Brand Licensing Agreement (“MBLA”) with AirAsia Berhad (“AAB”) and also a Brand Sub Licensing Agreement (“SBLA”) with Thai AirAsia Co., Ltd (“TAA”) and Asia Aviation Public Company Limited (“AAV”), the parent company of TAA.
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.
From and after the Closing, except as expressly provided in this Section 5.09 or in the Brand Licensing Agreement or in the Transition Services Agreement, any and all rights of the Group Companies to use the Names shall terminate as of the Closing and shall immediately revert to Seller and its Affiliates (other than the Group Companies), along with any and all goodwill associated therewith.
On April 1, 2018, the Company entered into a Brand Licensing Agreement with Cloudburst Distribution Pty Ltd., an Australian corporation (“Cloudburst”), to be the exclusive distributor of Cloudburst’s Rooshine brand of spirits in North America.
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.
The Seller desires to sell to MDEX and MDEX desires to purchase from the Seller, all of Seller’s right, title and interest in the Casa Zeta-Jxxxx Brand Licensing Agreement (the “License Agreement”), as further described on the attached Schedule 1, solely in exchange for MDEX’s issuance to the Seller of MDEX Preferred Stock.
Scott Vanis Chairman & CEO Note: The foregoing sections and headings references are qualified in entirety by reference to the full text of the Brand Licensing Agreement.
On 31 May 2023, AirAsia Aviation Group Ltd (“AAGL”) entered into a Master Brand Licensing Agreement (“MBLA”) with AirAsia Berhad (“AAB”) and also a Brand Sub Licensing Agreement (“SBLA”) with Thai AirAsia Co., Ltd (“TAA”) and Asia Aviation Public Company Limited (“AAV”), the parent company of TAA.
Pursuant to that certain Brand Licensing Agreement by and between Cloudburst and the Company, Cloudburst has agreed to license the Rooshine brand to Rooshine, Inc.
Cloudburst currently holds two Australian copyrights on the (1) Rooshine logo design and (2) the “Barrel Aging System,” which relates to Cloudburst’s proprietary aging system that allow for the creation of flavor profiles matching spirits aged for three to ten years in barrel, despite the spirits only being barrel aged only a matter of days.Pursuant to that certain Brand Licensing Agreement by and between Cloudburst and the Company, Cloudburst has agreed to license the Rooshine brand to Rooshine, Inc.