FME definition
Examples of FME in a sentence
FME shall not grant any sublicense to use the Licensed Marks or any other rights licensed under the Trademark License Agreement without the express prior written approval of FSE.
FSE hereby appoints FME its agent solely for the purpose of exercising quality control as provided in the Trademark License Agreement over any such sublicensee, and FSE retains the right to revoke such appointment at any time if FSE reasonably believes that FME is not adequately exercising such quality control, and to reinstate such appointment at any time.
No Approved Sublicense shall contain any terms or conditions, and FME shall not take or authorize any actions in connection with any Approved Sublicense, inconsistent with the terms and conditions of the Trademark License Agreement.
In the event of any Approved Sublicense, FME shall remain primarily obligated under all of the provisions of the Trademark License Agreement and shall cause each sublicensee to enter into a written sublicense agreement in form and substance satisfactory to FSE which shall include provisions, stated in such agreement to be for the express benefit of FSE, consistent with the provisions of the Trademark License Agreement.
Notwithstanding any such appointment, FSE shall have the independent right to exercise quality control directly over all sublicensees; provided, however, that FSE shall not independently act unless it in good faith believes that FME is not adequately exercising such quality control.