Examples of Original License Agreement in a sentence
This Agreement may be terminated by Shengqu, without penalty or liability to Shengqu, (i) upon providing written notice thereof to the Licensees, or (ii) immediately in the event that the Original License Agreement expires or is terminated.
The initial term of this Agreement shall commence on the Effective Date and shall expire at the end of the initial term of the Original License Agreement.
Capitalized terms used but not defined in this Agreement shall have the meanings given to such terms in the Original License Agreement.
To the extent that there are outstanding obligations to us or our Affiliates under the Original License Agreement, you acknowledge and agree that you are directly responsible, jointly and severally, for all such obligations under the Original License Agreement existing at or accruing after the execution of this Agreement.
On execution of this Agreement by the Parties, the Original License Agreement will be superseded and have no further force or effect as of theEffective Date of this Agreement except for those provisions expressly intended to survive its termination or expiration.