Avmark definition

Avmark means Avmark, Inc., or its successors as may be acceptable to the Agent.

Examples of Avmark in a sentence

  • If such statement discloses any underpayment of royalties for that year, including minimum royalties, Avmark shall pay the amount of the underpayment to uniView at the time of the statement required under this paragraph.

  • The receipt or acceptance by uniView of any of the statements furnished pursuant to this Agreement or of any royalties paid hereunder (or the cashing of any royalty checks paid hereunder) shall not preclude uniView from verifying the correctness thereof at any time, and in the event that any inconsistencies or mistakes are discovered in such statements or payments, they shall immediately be rectified and the appropriate payment made by Avmark.

  • Upon disapproval and notice from uniView specifying the non-conformance of any materials submitted under this subsection, Avmark shall promptly modify any usage and any material that does not conform to the foregoing provisions of this Agreement.

  • As proof of such insurance, a fully paid certificate of insurance naming uniView as an insured party will be submitted to uniView by Avmark for uniView's prior approval before any Licensed Product is distributed or sold, and at the latest within thirty (30) days after the date of this Agreement.

  • Provided further, that should such default occur as a sole result of a Vendor's inability or refusal to pay royalties, then, after commercially reasonable efforts by Avmark to collect the same, Avmark shall be permitted a reasonable period of time to replace such Vendor before uniView terminates this License.

  • Subject to obtaining uniView's prior written consent, not to be unreasonably withheld, Avmark shall have the right to structure one or more of its deals with its Vendors or manufacturers so that the trademark royalty, or a sum in lieu of royalty, is paid directly to uniView.

  • Sixty (60) days before the expiration of this License and, in the event of its termination, ten (10) days after receipt of notice of termination, Avmark shall furnish to uniView a statement showing the number and description of Licensed Products on hand or in process.

  • If Avmark shall not have actively marketed and sold audio and telephone Licensed Products on or before June 30, 2002, uniView, in addition to all other remedies available to it hereunder, may at its sole option terminate this License with respect to any audio and telephone Licensed Products which have not yet been manufactured and distributed, by giving written notice of such termination to Avmark.

  • In that event, uniView shall receive and retain only those sums reflected in this agreement as being due to uniView, and shall promptly remit to Avmark all sums in excess thereof.

  • This Agreement and all rights and duties hereunder are personal to Avmark and shall not, without the prior written consent of uniView, be assigned, mortgaged, sublicensed or otherwise encumbered by Avmark or by operation of law, which consent shall not be unreasonably withheld.

Related to Avmark

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