Distribution Channel. In the event Licensee fails to do so, Licensor shall have the right to terminate this Agreement. Licensor shall also have the right to require Licensee to report on a retailer-by-retailer basis. Without prejudice to any other rights and remedies that Licensor may have, it is agreed that any Royalties due by Licensee accruing from sales of the Licensed Products outside the Territory and/or outside the applicable Distribution Channels shall not be offset against the Guaranteed Consideration.
Appears in 4 contracts
Samples: License Agreement (Play by Play Toys & Novelties Inc), License Agreement (Play by Play Toys & Novelties Inc), License Agreement (Play by Play Toys & Novelties Inc)
