Exploitation of License Clause Samples
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Exploitation of License. The Licensee, at its expense, will use its commercially reasonable endeavors, subject to the exercise of its commercially reasonable business judgment, to commercialize and exploit the Original Patents and to commercialize, exploit and sell Products, or to appoint sublicensees for the purpose of such commercialization, exploitation and sale. Notwithstanding this Section 2.4, the Licensor acknowledges that the Licensed Technology, as of the date of this Agreement, may not be at a stage which is capable of commercialization or exploitation. The Licensor further acknowledges that it may be necessary for the Licensee to conduct and engage in extensive research, development and commercialization efforts in relation to the Licensed Technology before the Licensee can fulfill its obligations under this Section 2.4, and that it cannot be determined at this time whether and to what extent the Licensed Technology can be commercialized or exploited or Products can be commercialized, exploited and sold.
Exploitation of License. The Licensee agrees to use its reasonable commercial efforts to use the Licensed Rights in connection with the establishment and operation of the Trust.
Exploitation of License. 2.10.1 The Licensee undertakes to exploit the Licensed Technology in accordance with Clause 2.2.
2.10.2 If the Licensee's subcontractor (s) to which consent have been given by the Licensor in accordance with Clause 2.6.1 for manufacture of the Licensed Product should withdraw from its agreement(s) with the Licensee, for any reason, the Licensee shall inform the Licensor in writing within ten (10) days of the receipt of written confirmation of the subcontractor's intent to withdraw. The Licensor shall then put the Licensee on written notice that the Licensee shall have a maximum of six (6) months to secure a contract with an approved subcontractor pursuant to Clause 2.6.1.
Exploitation of License. (a) Licensee agrees to use best efforts and diligence to continuously sell and distribute the Licensed Products throughout the entire Territory during the Term. If at any time during the Term Licensee fails to ship Licensed Products in commercially reasonable amounts for a consecutive period of more than ninety (90) days, the Licensee shall be deemed to be in material default under this Agreement.
(b) Licensee shall at all times maintain (or contract for) facilities and personnel adequate to fulfill its obligations under this Agreement, including, but not limited to, an effective sales force.
(c) During each "season" (as such term is generally used in the apparel industry), Licensee shall ship not less than eighty-five percent (85%) of Licensed Products for which Licensee has accepted and confirmed purchase orders which require delivery during such season.
(d) Licensee shall have the exclusive right to establish prices and terms for the sale of Licensed Products, Licensee shall provide Licensor, in advance of each selling season, with line sheets and price lists, and Licensee shall promptly notify Licensor of any change in pricing.
(e) Licensee shall provide Licensor, upon request, with the names and addresses of all facilities at which the Licensed Products are manufactured, stored, and displayed for sale (excluding retailers) and Licensee shall make all necessary arrangements to allow Licensor or its representatives to have reasonable access to all such facilities upon reasonable advance notice during regular business hours for the purposes of conducting inspections to insure that Licensee is in compliance with this Agreement.
(f) Licensee shall not manufacture, sell or distribute any other products which are identical or substantially similar to the Licensed Products. Upon receipt of notice from Licensor that Licensor has determined that any products being manufactured, sold or distributed by Licensee are, in Licensor's reasonable opinion, identical or substantially similar to with the Licensed Products, Licensee shall immediately discontinue the manufacture, sale or distribution thereof. Without limiting the generality of the foregoing, Licensee agrees that it will not copy or "knock off" any Licensed Products or offer for sale any products which are similar in design to the Licensed Products.
(g) Licensee shall include in all of its written orders for the sale of Licensed Products such language as Licensor may reasonably specify for the purpose of pre...
Exploitation of License. Each Licensee agrees to use its reasonable commercial efforts to use the Licensed Property as specified in Section 1 and not for any other purpose whatsoever.
Exploitation of License. The Licensee, at its expense, must use its commercially reasonable efforts to commercialize and exploit the Intellectual Property of the Licensor and to manufacture, have manufactured, use, market and sell the Products for the purpose of such commercialization and exploitation. These efforts are strictly and solely for the specified Territory for the direct or indirect benefit of Licensee customers under this Agreement.
Exploitation of License. The Licensee agrees to: (a) manufacture and produce EFB Pulp in the Territory and to use its best efforts to promote, market, sell and distribute EFB Pulp throughout the Term; and (b) directly or through its Sublicensees, to manufacture and produce Zeroignition Products in the Territory and to use its best efforts to promote, market, sell and distribute Zeroignition Products throughout the Term, all in accordance with the terms and conditions of this Agreement.
Exploitation of License. 7.1 The licensee at its expense shall use its best endeavors to commercialize patents, trade secrets, improvements and to manufacture, distribute and market the product or to appoint sub-licensees for the purpose of such commercialization.