Common use of Licensee Diligence Clause in Contracts

Licensee Diligence. Licensee shall design, manufacture, advertise, sell and ship the Trademarked Product and shall continuously and diligently during the term hereof procure and maintain facilities and trained personnel sufficient and adequate to accomplish the foregoing, all to the extent and in a manner no less thorough, diligent and professional than the same accorded by Licensee for Licensee's most favored premium products and/or services. A cessation of the above for a continuous period of ninety (90) days shall be grounds for termination by Licensor, without notice. The marketing of Trademarked Product shall be conducted in a manner consistent with enhancing the long-term value of the Trademarks. It is the interest of the parties that Trademarked Product be sold simultaneously through a wide range of retailers. Accordingly, Licensee shall continuously and diligently design, price and promote Trademarked Product to retailers in all major classes of trade including department stores (i.e., Macy's, Burdine's, Bloomingdale's, etc.), mass merchants (i.e., Walmart, Kmart, etc.), regional discounters (i.e., Caldor, Bradlees, etc.), warehouse clubs (i.e., Target, Sam's, etc.), specialty electronics chains (i.e., The Wiz, etc.), mail order, premium and television shopping services. Licensee shall exhibit Trademarked Product in exhibit or booth space at the annual electronics show.

Appears in 3 contracts

Samples: Trademarks License Agreement Agreement (Newtech Corp), Trademarks License Agreement Agreement (Newtech Corp), Trademarks License Agreement Agreement (Newtech Corp)

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Licensee Diligence. Licensee shall design, manufacture, advertise, sell and ship the Trademarked Product and shall continuously and diligently during the term hereof procure and maintain facilities and trained personnel sufficient and adequate to accomplish the foregoing, all to the extent and in a manner no less thorough, diligent and professional than the same accorded by Licensee for Licensee's most favored premium products and/or services. A cessation of the above for a continuous period of ninety (90) days shall be grounds for termination by Licensor, without notice. The marketing of Trademarked Product shall be conducted in a manner consistent with enhancing the long-term value of the Trademarks. It is the interest of the parties that Trademarked Product be sold simultaneously through a wide range of retailers. Accordingly, Licensee shall continuously and diligently design, price and promote Trademarked Product to retailers in all major classes class of trade including department stores (i.e., Macy's, Burdine's, Bloomingdale's, etc.), mass merchants (i.e., i.e. Walmart, Kmart, etc.), regional discounters (i.e., Caldor, Bradlees, etc.), warehouse clubs (i.e., Target, Sam's, etc.), specialty electronics chains (i.e., The Wiz, etc.), ) mail order, premium and television shopping services. Licensee shall exhibit Trademarked Product in exhibit or booth space at the annual electronics show.

Appears in 3 contracts

Samples: Trademarks License Agreement Agreement (Newtech Corp), Trademarks License Agreement Agreement (Newtech Corp), Trademarks License Agreement Agreement (Newtech Corp)

Licensee Diligence. Licensee shall design, manufacture, advertise, sell and ship the Trademarked Product and shall continuously and diligently during the term hereof procure and maintain facilities and trained personnel sufficient and adequate to accomplish the foregoing, all to the extent and in a manner no less thorough, diligent and professional than the same accorded by Licensee for Licensee's most favored premium products and/or services. A cessation of the above for a continuous period of ninety (90) days shall be grounds for termination by Licensor, without notice. The marketing of Trademarked Product shall be conducted in a manner consistent with enhancing the long-term value of the TrademarksTrademark. It is the interest of the parties that Trademarked Product be sold simultaneously through a wide range of retailers. Accordingly, Licensee shall continuously and diligently design, price and promote Trademarked Product to retailers in all major classes of trade including department stores (i.e., Macy's, Burdine's, BloomingdaleBloomingidale's, etc.), mass merchants (i.e., Walmart, Kmart, etc.), regional discounters (i.e., Caldor, Bradlees, etc.), warehouse clubs (i.e., Target, Sam's, etc.), specialty electronics chains (i.e., The Wiz, etc.), mail order, premium and television shopping services. Licensee shall exhibit Trademarked Product in exhibit or booth space at the annual electronics show.

Appears in 2 contracts

Samples: Trademark License Agreement (Newtech Corp), Trademark License Agreement (Newtech Corp)

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Licensee Diligence. Licensee shall design, manufacture, advertise, sell and ship the Trademarked Product and shall continuously and diligently during the term Term hereof procure and maintain facilities and trained personnel sufficient and adequate to accomplish the foregoing, foregoing all to the extent and in a manner no less thorough, diligent and professional than the same accorded by Licensee for Licensee's most favored premium products and/or services. A cessation Cessation of the above for a continuous period of ninety (90) days shall be grounds for termination by Licensor, Licensor without notice. The marketing of Trademarked Product shall be conducted in a manner consistent with enhancing the long-term value of the TrademarksTrademark. It is in the interest of the parties that Trademarked Product be sold simultaneously through a wide range of retailers. Accordingly, Licensee shall continuously and diligently design, price and promote differentiated versions of Trademarked Product Product, i.e., "White-Westinghouse Elite" to retailers in all major classes of trade including department stores (i.e., Macy's, Burdine's, Bloomingdale's, etc.), mass merchants (i.e., Walmart, Kmart, etc.), regional discounters (i.e., Caldor, Bradlees, etc.), warehouse clubs (i.e., Target, Sam's, etc.), specialty electronics electronic chains (i.e., The Wiz, etc.), mail order, premium and television shopping shop services. Licensee shall exhibit Trademarked Product in exhibit or booth space at the annual electronics showHousewares Show and other appropriate trade shows.

Appears in 2 contracts

Samples: License Agreement (Salton Maxim Housewares Inc), License Agreement (Salton Maxim Housewares Inc)

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