Common use of NON-RESTRICTIVE GRANT; RIGHTS Clause in Contracts

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.

Appears in 1 contract

Sources: Retail Product License Agreement (Innovo Group Inc)

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 the prior written authorization of NBAP pursuant to a separate agreement with NBAP. In addition, LICENSEE no Premium shall not offer any Premium be offered with the Licensed Products without the prior written consent approval 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.

Appears in 1 contract

Sources: Retail Product License Agreement (Innovo Group Inc)