VEW definition

VEW has the meaning set forth in the introductory paragraph above.
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Examples of VEW in a sentence

  • It is expressly acknowledged and agreed that unless the Parties reach and enter an agreement with respect to such terms and conditions for such Foreign Territory, VEW shall have the right to license to third parties the rights to exploit the Licensed Articles in such Foreign Territory without any further obligation to Syratech or any third parties deriving rights from Syratech whatsoever (financial, legal or otherwise).

  • VEW shall determine within fifteen (15) days after receipt of such report which items of Licensed Property, if any, are approved for sale to Closeout Customers as Closeout Licensed Property and shall notify Syratech of the same, in which case such Closeout Licensed Property may be sold to Closeout Customers subject to the terms and conditions set forth herein, including without limitation, the payment of Royalties to VEW in accordance with Paragraph 4.

  • Such statements shall be furnished to VEW whether or not any Royalties are payable with respect to the relevant Accounting Period.

  • The payment of such interest in accordance with the terms hereof is in addition to all other remedies available to VEW in the event of a default or termination.

  • Notwithstanding any contrary provision of this Agreement, the Parties acknowledge and agree that, due to the global nature of internet access, Syratech’s Internet Rights are non-exclusive; provided that if VEW determines (in its reasonable discretion) that internet technology is such that access to the internet can be restricted on a territory-by-territory basis at no cost and expense to VEW, then Syratech shall have exclusive Internet Rights in the Territory.

  • If VEW provides its approval of the design of any item of the Licensed Property (whether designed by VEW or designed by Syratech in accordance with this Paragraph 11(b)) Syratech shall produce a pre-production sample of such item that conforms in all material respects to the design approved by VEW for such item, and Syratech shall submit such pre-production sample to VEW for VEW’s approval.

  • VEW shall notify Syratech in the event of any such sale, grant, license, assignment or other transfer.

  • VEW and Syratech shall collaborate with respect to all aspects of merchandising and product development for the Licensed Property in order to take maximum advantage of each Party’s expertise, provided that all aspects of the design of the Licensed Property shall be subject to VEW’s approval, and Syratech shall not manufacture any pre-production sample, production sample or item of Licensed Property hereunder without VEW’s approval.

  • If VEW chooses to acknowledge Syratech as a sponsor of any such fashion and/or charity event, VEW shall acknowledge Syratech as a sponsor of such fashion and/or charity event on comparable terms as VEW accords any other comparable licensee of VEW sponsoring such fashion and/or charity event.

  • For each Contract Year during the Term thereafter, Syratech shall pay VEW Twenty Five Thousand Dollars ($25,000) in equal calendar quarterly payments of Six Thousand Two Hundred Fifty Dollars ($6,250) each on or before January 1, April 1, July 1 and October 1 of each Contract Year.

Related to VEW

  • AASHTO means the American Association of State Highway and Transportation Officials.

  • Tunnelling means the construction of any tunnel beneath the natural surface of the earth for a purpose other than the searching for or winning of a mineral

  • Seaplane means a fixed wing aircraft which is designed for taking off and landing on water and includes amphibians operated as seaplanes;

  • Drywell means an unlined or partially lined underground pit (regardless of geometry) into which drainage from roofs, basement floors, water softeners or other non-wastewater sources is discharged and from which the liquid seeps into the surrounding soil.

  • Greywater means all liquid wastes from showers, baths, sinks, kitchens and domestic washing facilities, but does not include toilet wastes;