Licensed Exchange Program definition
Examples of Licensed Exchange Program in a sentence
Licensee can convert points associated with Licensee’s own point-based reservations and exchange system into Loyalty Program Points through a Licensed Exchange Program at a conversion rate to be determined by Licensee.
Licensor acknowledges that Licensee has prior to the Effective Date entered into certain Marketing Agreements or other arrangements designed to support the Licensed Exchange Program with Hilton Competitors, a list of which is attached hereto as Exhibit M.
Licensor acknowledges that Licensee has prior to the Effective Date entered into certain Marketing Agreements or other arrangements designed to support the Licensed Exchange Program with Hilton Competitors, a list of which is attached as Exhibit M to this Agreement.
Licensee has delivered a Checklist for every Diamond Brand Property located in the United States to Licensor prior to the date on which sales of the HGV Max Licensed Exchange Program commenced.
Licensor has the right to request in writing (including via email) that Licensee make such changes to Licensee’s sales, reservations, and marketing activities with respect to the HGV Max Licensed Exchange Program, or any successor program or substantially similar program, that Licensor believes, in the exercise of its sole discretion, will prevent harm to Licensor, the Licensed IP, the Hilton Data, or the goodwill associated therewith.
Licensor acknowledges that Licensee has prior to the Effective Date entered into certain Marketing Agreements or other arrangements designed to support the Licensed Exchange Program with Hilton Competitors, a list of which is attached as Exhibit M of the Original Agreement.
With respect to the Bluegreen Properties, Licensee will deliver a Checklist for every Bluegreen Property located in the United States prior to the date on which sales of the HGV Max Licensed Exchange Program commences with respect to a Bluegreen Rebranded Sales Facility.