Branded Retail Stores definition
Examples of Branded Retail Stores in a sentence
Licensor shall accommodate such requests on a commercially reasonable basis to promote existing Branded Retail Stores or new target territories as applicable from time to time.
The Branded Retail Stores in the Exclusive Territory must each carry at least 10% Products branded with the Licensed Marks (the “Retail Minimum Product Threshold”), provided that in the event that Licensee fails to maintain the Retail Minimum Product Threshold, then Licensee’s rights in the Exclusive Territory with respect to Branded Retail Stores shall become non-exclusive from and after such time.
The rights being granted with respect to Branded Retail Stores are that of a license for use and not a franchise, and the parties do not intend to, nor should these rights for Branded Retail Stores be construed to, create a franchisor/franchisee relationship.