Examples of Restricted Product in a sentence
Upon termination of this Agreement (other than under Sections 15.3(i), (ii), (iii), or (iv) hereto) or expiration of the Restricted Product Term or the Activated Product Term, Licensor shall continue to have the right to receive payments from Creative in accordance with the terms and conditions of this Agreement, including pursuant to Sections 10.2 and 10.3 hereto.
Licensor shall track through a vendor ID and maintain accurate records of all End Users who upgrade from the Restricted Product to the fully featured Activated Product During the last six (6) months of the Term and during the six-month Sell-Off Period (as defined below in Section 15.4), Licensor shall have the right to hold back ten percent (10%) of any fees owed to Creative to cover all refunded upgrades from Restricted Product to Activated Product.
Concurrently with each payment, Licensor shall submit to Creative a report setting forth the basis for calculation of the amount paid, including: (i) the number of End Users who upgraded from Restricted Product to Activated Product; (ii) the total amount of Revenue received by Licensor from such End Users; and (iii) Creative's portion of such Revenue.
Licensor and Creative shall use commercially reasonable efforts to cooperatively develop a joint marketing plan to market and otherwise promote the Licensed Products, including to End Users upgrading from Restricted Product to Activated Product.
In addition, Licensor agrees to upgrade the Restricted Product to maintain the relatively same difference in functionality between the Restricted Product and the Activated Product.