Common use of Effect of Non-Compliance Clause in Contracts

Effect of Non-Compliance. If the Quality Issues have not been cured to Sears’ satisfaction or the Quality Issues remain otherwise uncured after the time period provided for in the Initial Cure Period and any Additional Cure Period(s), such Quality Issues shall be deemed uncured (“Uncured Quality Issues”). In that case, Outlet Stores shall cease use of the Marks on or in connection with the Outlet Products, Services or activities that are the subject of the Uncured Quality Issues as soon as reasonably practicable but in no event later than six (6) months after such Quality Issues are determined to be Uncured Quality Issues with regard to use for marketing materials and one (1) year with regard to all use on Outlet Products or Services.

Appears in 4 contracts

Samples: License Agreement, License Agreement (Sears Hometown & Outlet Stores, Inc.), License Agreement (Sears Hometown & Outlet Stores, Inc.)

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Effect of Non-Compliance. If the Quality Issues have not been cured to Sears’ satisfaction or the Quality Issues remain otherwise uncured after the time period provided for in the Initial Cure Period and any Additional Cure Period(s), such Quality Issues shall be deemed uncured (“Uncured Quality Issues”). In that case, Outlet Stores XXXX shall cease use of the Marks on or in connection with the Outlet HTS Products, Services or activities that are the subject of the Uncured Quality Issues as soon as reasonably practicable but in no event later than six (6) months after such Quality Issues are determined to be Uncured Quality Issues with regard to use for marketing materials and one (1) year with regard to all use on Outlet XXXX’x HTS Products or Services.

Appears in 3 contracts

Samples: License Agreement (Sears Hometown & Outlet Stores, Inc.), License Agreement (Sears Hometown & Outlet Stores, Inc.), License Agreement (Sears Hometown & Outlet Stores, Inc.)

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Effect of Non-Compliance. If the Quality Issues have not been cured to Sears’ satisfaction or the Quality Issues remain otherwise uncured after the time period provided for in the Initial Cure Period and any Additional Cure Period(s), such Quality Issues shall be deemed uncured (“Uncured Quality Issues”). In that case, Outlet Stores SHAS shall cease use of the Marks on or in connection with the Outlet HTS Products, Services or activities that are the subject of the Uncured Quality Issues as soon as reasonably practicable but in no event later than six (6) months after such Quality Issues are determined to be Uncured Quality Issues with regard to use for marketing materials and one (1) year with regard to all use on Outlet SHAS’s HTS Products or Services.

Appears in 3 contracts

Samples: License Agreement (Sears Hometown & Outlet Stores, Inc.), License Agreement (Sears Hometown & Outlet Stores, Inc.), License Agreement (Sears Hometown & Outlet Stores, Inc.)

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