Domain Name License Agreement Sample


(e) Biovail undertakes not to allow third parties to use the trademarks or the offering for sale of products other than as permitted by this Agreement. Biovail undertakes not to use any trademark and will require its authorized sublicensors not to use trademarks similar to those of the trademarks or the obligation to trade in products. (b) GSK and its related companies have the primary right, but not the obligation, to impose such trademarks and product trade obligations against such infringers to the extent that GSK or its related companies deem it necessary or appropriate, and to resolve or compromise such possible infringement by taking such actions as GSK or its related companies deem necessary or appropriate in their own discretion. 1.2.1.1.1 However, provided that GSK does not have such a potential infringement in a manner that seriously infringes the rights granted to biovail below, unless Biovail has given its prior written consent (this consent may not be inappropriately refused, conditioned or delayed). Biovail provides GSK with all appropriate assistance (including, but not limited to, the provision of verification and reproduction documents and recordings, the making available to persons under its control for relevant testimonies and permission to be designated as a party to an action if necessary to participate in such legal action) at GSK`s expense in such performance. 2) Issuance of the licence. During the term of this Agreement and subject to the terms set forth in this Agreement, GSK grants Biovail an exclusive, non-transferable (unless permitted) exclusive license (the “License”), solely for the use of the Marks and the offer to trade in Products in connection with advertising, promotion, manufacture, offer to sell, sale and distribution of products in the territory. Biovail may not sub-grant it in whole or in part without the prior written consent of GSK, whose authorisation may not be refused, delayed or improperly packaged. For the avoidance of doubt, Biovail may nevertheless sublicense, without GSK`s consent, the rights it has conferred on its related undertakings and distributors, but considering that, under this Agreement, the licence to grant trademarks and products forms an integral part of the Agreement and constitutes an essential incentive for the conclusion of biovail, The APA. . .

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