Common use of Licensee’s Reserved Rights Clause in Contracts

Licensee’s Reserved Rights. A. Licensor agrees that, except as set forth in the Noncompetition Agreement and the Xxxx-Xxxxxxx License Agreement, Licensee and its Affiliates expressly retain the right to engage in the Lodging Business; all subject to Section 9.3.B. and provided that, unless Licensor otherwise agrees in writing, no such activities above may involve or utilize in any way the Licensor Intellectual Property or the Branded Elements.

Licensee’s Reserved Rights. A. Licensor agrees that, except as set forth in the Noncompetition Agreement and the Xxxx-Xxxxxxx Marriott License Agreement, Licensee and its Affiliates expressly retain the right to engage in the Lodging Business; all subject to Section 9.3.B. and provided that, unless Licensor otherwise agrees in writing, no such activities above may involve or utilize in any way the Licensor Intellectual Property or the Branded Elements.