Both the NAIC and FINRA have recognized scenarios where a licensee
may be responsible for the social media posts of a third party under the "adoption" and "entanglement" theories.
It turns out that a number of incidents VPC described as "pending" because there were still charges outstanding against the licensee
. But it turned out that at least a few of these cases were actually quietly, and without press coverage, dismissed, as it became apparent to police or prosecutors that the licensee
was in the right.
However, in the case of rejection by a debtor-licensor, the licensee
now has two options available as a result of section 365(n): (a) the licensee
can treat the license as terminated and assert a unsecured damages claim consistent with past practices, or (b) the licensee
may retain its rights under the license for the term of the agreement and any extensions thereof, but only with respect to those rights existing as of the licensor's bankruptcy filing.
Clearly define home country training, site selection and licensee
staff selection criteria, supply chain development, in-country training, train the trainer, visas and equipment--whether supplied locally or imported.
Consideration: In consideration for the licensing agreement, the licensee
agrees to pay the Kardashians: (1) a non-refundable advance; (2) earned royalties calculated as a percentage of overall wholesale sales; and (3) guaranteed minimum royalties payable at the end of each contract quarter.
default rules defining the conditions under which an exclusive licensee
If the licensee
is paying royalties, the license should specify whether there is a guaranteed minimum payment and how the percentage is calculated--on gross sales or net sales, for example.
Based on the information provided by its licensees
, the CBB is now making this information publicly available on the CBB website under the CBB Register.
“After showing the Licensees
the products and doing some jobs together, the owners of the companies realized the knowledge Nu Flow has that makes application of the product easy,” said Nu Flow Italia Owner Alberto Lambruschi.
The civil liability statute has two separate standards for imposing liability on the licensee
, dependent upon the status of the person bringing suit If the person bringing suit is the individual served, that individual must prove the licensee
engaged in "reckless conduct" If the person bringing suit is a third party who was injured by the intoxicated individual, then the injured person need only prove that the licensee
was negligent in serving the intoxicated person.
Within 30 days from the Effective Date of this Compliance Plan, Licensee
will conduct training for all Station employees and management on compliance with FCC Rules applicable to Station operations.
The bill defines a licensee
as the duly licensed holder of an Internet Gaming Certificate authorized by the Philippine Amusement and Gaming Corporation (Pagcor) Board to conduct Internet gaming.