KENFOX IP & Law Office > Articles posted by KENFOX IP (Page 26)

Cancellation

This Agreement may be terminated at any time, by either party, if the other party default in the performance o any of Its substantial undertakings in this Agreement and in each case if such default has not been remedied to the reasonable satisfaction of the non-defaulting party within ninety (90) days after written notice of such default has been given to the defaulting party....

Continue reading

Technical Training

During the period of twelve (12) months immediately following the Effective Date the Licensor shall, at the Licensee’s request, procure the attendance from time to time of a qualified representative of the Licensor or its consultant at the premises of the Licensee or at such other places as may be agreed between the parties to give assistance in the start-up and initial manufacture of Licensed Product pursuant to this Agreement. The Licensee shall reimburse the Licensor in respect of traveling (including business class air fare) and accommodation expenses of the representative or consultant for any such attendance, not later than...

Continue reading

Notice

All notices, reports and other communications required or permitted to given hereunder shall be In writing and shall be valid and sufficient if delivered in person or dispatched by registered airmail, postage prepaid in any post office, In Japan or in the United States of America, as the case may be, addressed as follows:...

Continue reading

Arbitration

Should any dispute or difference arise between the parties hereto or between their legal representative or between one of them and the legal representative of the other in regard to any matter arising out of or relating to this Agreement or to the interpretation thereof or in regard to the interest of either party thereto, contrary to the terms of this Agreement or in regard to any claim which either party may have against the other, then such matter shall be referred to Arbitration....

Continue reading

Force Majeure

If performance of this Agreement is interfered with, for any length of time, by Act of God, war, civil commotion, epidemics and other similar occurrences which are beyond the control of either party, neither party shall be held responsible for nonperformance of this Agreement for such length of time....

Continue reading