NON-RESTRICTIVE GRANT; RIGHTS Sample Clauses
The Non-Restrictive Grant; Rights clause defines the scope of rights granted by one party to another, typically ensuring that the recipient has broad, flexible use of certain intellectual property or resources without significant limitations. In practice, this clause may allow the licensee to use, modify, or distribute the licensed material in various ways, and it often clarifies that the grant is not exclusive or limited by additional restrictions. Its core function is to provide clarity and freedom in the use of granted rights, reducing ambiguity and potential disputes over what is permitted under the agreement.
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NON-RESTRICTIVE GRANT; RIGHTS. RESERVED Nothing in this Agreement shall prevent NBAP from granting any other licenses and rights. All rights not specifically granted in this Agreement are expressly reserved by NBAP. No right of renewal or option to extend is granted or implied and LICENSEE shall have no right to continue manufacturing or selling Licensed Products or to continue holding itself out as a licensee of NBAP after the expiration or termination of this Agreement except as provided in Paragraph 14. 5. PREMIUMS LICENSEE shall not use, nor allow any third party to use, any Licensed Product as a Premium without NBAP's prior written authorization pursuant to a separate agreement with NBAP. In addition, LICENSEE shall not offer any Premium with the Licensed Products without the prior written consent of NBAP. Nothing in this Agreement shall prohibit LICENSEE from marketing Licensed Products using creative techniques consistent with industry practice, including, but not limited to, periodic "specials," "sales," or volume discount prices, so long as all receipts are accounted for in Net Sales and in accordance with this Agreement.
NON-RESTRICTIVE GRANT; RIGHTS. RESERVED Nothing in this Agreement shall prevent NBAP from granting any other licenses and rights. All rights not specifically granted in this Agreement are expressly reserved by NBAP. No right of renewal or option to extend is granted or implied and LICENSEE shall have no right to continue manufacturing or selling Licensed Products or to continue holding itself out as a licensee of NBAP after the expiration or termination of this Agreement except as provided in Paragraph 14.
NON-RESTRICTIVE GRANT; RIGHTS. RESERVED Nothing in this Agreement shall prevent NBAP from granting any other licenses and rights. All rights not specifically granted in this Agreement are expressly reserved by NBAP. No right of renewal or option to extend is granted or implied and LICENSEE shall have no right to continue manufacturing or selling Licensed Products or to continue holding itself out as a licensee of NBAP after the expiration or termination of this Agreement except as provided in Paragraph 17. 8. PREMIUMS Licensed Products shall not be used as a Premium without the prior written approval of NBAP in each instance and unless specifically authorized pursuant to a separate agreement with NBAP. Nothing in this Agreement shall prohibit LICENSEE from marketing Licensed Products using creative techniques consistent with industry practice, including, but not limited to, periodic "specials," "sales," or volume discount prices, so long as all receipts are accounted for in Net Sales and in accordance with this Agreement.
