Sublicensing and Distribution. A. The performance of Licensee hereunder is of a personal nature. Therefore, neither this Agreement nor the License or other rights granted hereunder may be assigned, sublicensed or transferred by Licensee, whether to a Subsidiary, Affiliate or unrelated third-party except by prior written approval of Licensor, which approval will not be unreasonably withheld. However, any assignment of this Agreement or the rights granted hereunder must be to an entity with equal or superior financial strength to Licensee, unless Licensor agrees otherwise.
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Samples: Agreement (Willowtree Advisor, Inc.), Kathy Hilton License Agreement (Omnireliant Holdings, Inc.)
Sublicensing and Distribution. A. The performance of Licensee hereunder is of a personal nature. Therefore, neither this Agreement nor the License license or other rights granted hereunder may be assigned, sublicensed or transferred by Licensee, whether to a Subsidiarysubsidiary or Affiliate except as approved by Licensor in advance, Affiliate or unrelated third-party except by prior written approval of Licensorin writing, which approval will not be unreasonably withheld. However, any assignment of this Agreement or the rights granted hereunder must be to an entity with equal or superior financial strength to Licensee, unless Licensor agrees otherwisedenied.
Appears in 1 contract
Samples: Agreement (Parlux Fragrances Inc)
Sublicensing and Distribution. A. The performance of Licensee hereunder is of a personal nature. Therefore, neither this Agreement nor the License or other rights granted hereunder may be assigned, sublicensed or transferred by Licensee, whether to a Subsidiary, Affiliate or unrelated third-party except by prior written approval of Licensor, which approval will not be unreasonably withheld. However, any assignment of this Agreement or the rights granted hereunder must be to an entity with equal or superior financial strength to LicenseeLicensee , unless Licensor agrees otherwise.otherwise ..
Appears in 1 contract
Sublicensing and Distribution. A. (i) The performance of Licensee hereunder is of a personal nature. Therefore, neither this Agreement nor the License license or other rights granted hereunder may be assigned, sublicensed or transferred by Licensee, whether to a Subsidiarysubsidiary or Affiliate except as approved by Licensor in advance, Affiliate or unrelated third-party except by prior written approval of Licensorin writing, which approval will not be unreasonably withheld. However, any assignment of this Agreement or the rights granted hereunder must be to an entity with equal or superior financial strength to Licensee, unless Licensor agrees otherwisedenied.
Appears in 1 contract
Samples: Agreement (Parlux Fragrances Inc)
Sublicensing and Distribution. A. A.(i) The performance of Licensee hereunder is of a personal nature. Therefore, neither this Agreement nor the License or other rights granted hereunder may be assigned, sublicensed or transferred by Licensee, whether to a Subsidiarysubsidiary or Affiliate except as approved by Licensor in advance, Affiliate or unrelated third-party except by prior written approval of Licensorin writing, which approval will not be unreasonably withhelddenied. However, any assignment of this Agreement or the rights granted hereunder must be to an entity with equal or superior financial strength to Licensee, unless Licensor agrees otherwise.
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