Brand License Agreement. Seller will use commercially reasonable efforts to cause XXX Italia to execute a licensing agreement (the “Brand License Agreement”), pursuant to which, among other things, XXX Italia shall grant to the Company a non-transferable right to use in Greece (i) the XXX trademark until December 31, 2009 (unless earlier terminated) and (ii) the “XXX Hellas” corporate name until the second anniversary of the Closing Date, in each case solely for use in the Business in the area of wireless mobile telecommunications as conducted prior to the Closing and the natural evolution thereof and with effect from January 1, 2005, provided that (v) the Company’s use of the XXX trademark and the “XXX Hellas” corporate name complies with XXX Italia’s policies and brand guidelines, (w) prior to December 31, 2009, the Company shall have the option of early termination of the Brand License Agreement upon at least ninety (90) days prior written notice, (x) the Company shall pay a fee to XXX Italia of 0.75% of the annual service revenues of the Company for the applicable period in which the Brand License Agreement is in effect including any license phase out period following the termination thereof, in one lump sum on December 31, 2009, irrespective of the actual duration of the Brand License Agreement, (y) the Brand License Agreement shall provide for the adoption of appropriate corporate name and trademark notices so as to ensure that the public will not identify the Company / licensee as owner of the “XXX Hellas” corporate name and/or of the XXX trademark (as such, or combined with the word “Hellas”) or as being part of the Telecom Italia Group, and (z) the Parties shall agree on customary terms and conditions with respect to licensing agreements of such type.
Brand License Agreement. XXX Italia and the Company shall have executed the Brand License Agreement contemplated by Section 6.5.
Brand License Agreement. The Purchaser shall have executed and delivered the Brand License Agreement.
Brand License Agreement. Sellers’ Representative and Purchaser shall enter into the Brand License Agreement substantially in the form as attached as Exhibit 16.1.1;
Brand License Agreement. (i) Background and principal terms of the agreement As disclosed in the Prospectus, MAN (as licensor), Manpower HK (being a wholly- owned subsidiary of the Company, as licensee) and the Company entered into the Brand License Agreement dated July 16, 2015 (as amended and restated by an agreement dated June 20, 2019) pursuant to which MAN granted an exclusive and non-transferrable license for the Group to use certain trademarks and proprietary products for the purpose of carrying on of the business of the Group within Greater China region for perpetual term as long as MAN remains a shareholder in Manpower HK or the Company of at least 0.1% of each of its issued shares. Manpower HK has the right to sublicense the use of the licensed trademarks and proprietary products within the Greater China region to any other members of the Group (including the Company) from time to time. The annual caps for the transactions contemplated under the Brand License Agreement in respect of the three years ended 31 December 2021 were disclosed in the Prospectus. As the transactions contemplated thereunder would continue, the Board resolved on January 18, 2022 to approve the Renewed Annual Caps for the transactions contemplated under the Brand License Agreement in respect of another three years ending December 31, 2024.
Brand License Agreement. THIS BRAND LICENSE AGREEMENT (the “Agreement”) is made this 29th day of December, 2014 (“Effective Date”) by and between World Traditional Fudokan Shotokan Karate-Do Federation, a company organized under the laws of Switzerland, having place of business located at Exxxxxxxxxxxxxxxx 0, XX-0000 Xxxxxxxxxxxx, Xxxxxxxxxxx (the “Licensor”), and HPIL Holding, a Nevada (United States of America) corporation, having a place of business located at 7000 Xxxxxxx Xxxx, Xxxxx Xxx, Xxxxxxx, XX 00000, Xxxxxx Xxxxxx of America (the “Licensee” and together with the Licensor, the “Parties”, and each, a “Party”).
Brand License Agreement. Principal Terms of the Brand License Agreement Pursuant to the Brand License Agreement entered into between SharkNinja Europe and JS Global Trading dated July 29, 2023 (New York time)/July 30, 2023 (Hong Kong time), the SharkNinja Group has granted to the Group the non-exclusive rights to obtain, produce and source, and the exclusive rights to distribute and sell, SN brands of products in the Asia Pacific Region and Greater China from July 31, 2023 upon the completion of the Spin-off with a term of 20 years.
