Sublicensee definition
Examples of Sublicensee in a sentence
NewGen or its Sublicensee shall indemnify and hold harmless KanionUSA against any and all losses arising out of or in relation to (i) any such cooperation given by KanionUSA to NewGen and (ii) K▇▇▇▇▇▇▇▇ joining as a party to such litigation or other enforcement action, which losses may include, without limitation, payment by KanionUSA of any third party legal costs as a result of KanionUSA joining as a party to such litigation or enforcement action.
NewGen shall notify KanionUSA in writing of every sublicense agreement and each amendment thereto within thirty (30) days after their execution, and indicate the name of the Sublicensee, the territory of the sublicense, the scope of the sublicense, and the nature, timing and amounts of all fees and royalties to be paid thereunder.
Upon termination of this Agreement, any Sublicensee of NewGen, from the effective date of such termination, automatically shall become a direct licensee of KanionUSA under the terms of this Agreement with respect to the rights sublicensed to the Sublicensee by NewGen, provided that such Sublicensee is not in material breach of its obligations under its license or sublicense agreement.