Fees Owing. Upon termination or expiration of this Agreement, any Fees that have accrued at the time of termination or expiration, remain owing to Licensor, including any Renewal Fee that has accrued in the event that Licensee fails to provide notice of exercise of its option to forego the Renewal Term within the time limit set by Paragraph H, and shall be paid to, or as directed by, Licensor on the effective date of such termination or expiration of this Agreement, as the case may be.
Appears in 4 contracts
Sources: Acquisition Agreement (Red White & Bloom Brands Inc.), Retail License Agreement (Hightimes Holding Corp.), Acquisition Agreement