Common use of Unsold Inventory Clause in Contracts

Unsold Inventory. In the event this Agreement is terminated for any reason, the Licensees and their Sublicensees shall have the right to sell or otherwise dispose of their stock of any Licensed Products, subject to the obligation of the Licensees to pay Licensor the payments as provided in Section IV of this Agreement. The Licensees shall immediately discontinue any additional production of the Licensed Products.

Unsold Inventory. In the event this Agreement is terminated for any reason, the Licensees Licensee and their Sublicensees Sublicensee shall have the right to sell or otherwise dispose of their stock of any Licensed Products, subject to the obligation of the Licensees Licensee to pay Licensor the payments as provided in Section IV 4 and Schedule 1 of this Agreement. The Licensees Licensee shall immediately discontinue any additional production of the Licensed Products.

Unsold Inventory. In the event this Agreement is terminated for any reason, the Licensees Licensee and their Sublicensees shall have the right to sell or otherwise dispose of their stock of any Licensed Products, subject to the obligation of the Licensees Licensee to pay Licensor the that portion of any payments received from Sublicensees as provided in Section IV 4 of this Agreement. The Licensees Licensee shall immediately discontinue any additional production of the Licensed Products.

Unsold Inventory. In the event this Agreement is terminated for any reason, the Licensees Licensee and their Sublicensees Sublicensee shall have the right to sell or otherwise dispose of their stock of any Licensed Products, subject to the obligation of the Licensees Licensee to pay Licensor the payments as provided in Section IV 4 of this Agreement. The Licensees Licensee shall immediately discontinue any additional production of the Licensed Products.