Restricted Product definition
Examples of Restricted Product in a sentence
Upon termination of this Agreement (other than under Sections 15.3(i), (ii), (iii), or (iv) hereto) or expiration of the Restricted Product Term or the Activated Product Term, Licensor shall continue to have the right to receive payments from Creative in accordance with the terms and conditions of this Agreement, including pursuant to Sections 10.2 and 10.3 hereto.
In addition, Licensor agrees to upgrade the Restricted Product to maintain the relatively same difference in functionality between the Restricted Product and the Activated Product.
Licensor and Creative shall use commercially reasonable efforts to cooperatively develop a joint marketing plan to market and otherwise promote the Licensed Products, including to End Users upgrading from Restricted Product to Activated Product.
On a quarterly basis, Creative shall submit to Licensor a report stating the number of copies of Restricted Product distributed by Creative pursuant to this Agreement.
Concurrently with each payment, Licensor shall submit to Creative a report setting forth the basis for calculation of the amount paid, including: (i) the number of End Users who upgraded from Restricted Product to Activated Product; (ii) the total amount of Revenue received by Licensor from such End Users; and (iii) Creative's portion of such Revenue.