Franklin Ohio License Agreement with attachments between Site-Based Media, Inc., and On Site Media, Inc.

• Category: Corporations - Mergers and Acquisitions
• State: Multi-State
• County: Franklin
• Control #: US-CC-12-2243
• Format: Word; Rich Text

Description

This is a multi-state form covering the subject matter of the title. Franklin Ohio License Agreement: The Franklin Ohio License Agreement is a legally binding contract between Site-Based Media, Inc., and On Site Media, Inc., that outlines the terms and conditions of utilizing certain media assets within the city of Franklin, Ohio. This agreement grants On Site Media, Inc., the right to access and utilize specific media assets owned by Site-Based Media, Inc., within the designated territory. Key terms and clauses included in the Franklin Ohio License Agreement include but are not limited to: 1. Grant of License: This section defines the scope of the license agreement, specifying the media assets owned by Site-Based Media, Inc., that are being licensed to On Site Media, Inc., within the Franklin, Ohio area. 2. Territory: The agreement specifies the precise geographic territory within which On Site Media, Inc., is authorized to use the licensed media assets. This ensures that the agreement is limited to the agreed upon location(s) in Franklin, Ohio. 3. Term: The agreement sets forth the duration of the license, outlining the start date and end date of its validity. The Term clause specifies whether the agreement is for a fixed duration or can be renewed automatically or upon mutual agreement. 4. License Fees: This section outlines the financial obligations of On Site Media, Inc., including the payment terms, frequency, and methods of payment for the usage of the media assets. It may also contain provisions regarding late fees, interest, or penalties for non-compliance. 5. Intellectual Property Rights: The agreement stipulates that all intellectual property rights related to the media assets remain the exclusive property of Site-Based Media, Inc. On Site Media, Inc., acknowledges and agrees not to infringe upon these rights. 6. Obligations of On Site Media, Inc.: This clause sets out the responsibilities and obligations of On Site Media, Inc., during the term of the agreement. It may include guidelines for the maintenance, care, and repair of the media assets, compliance with local laws and regulations, and compliance with any advertising standards. 7. Termination: The agreement outlines the conditions under which either party may terminate the license agreement prematurely. This may include breach of contract, insolvency, failure to pay license fees, or violation of any other terms specified in the agreement. Attachments: The Franklin Ohio License Agreement may include several attachments or exhibits to provide further details and specifications. Some common attachments could be: 1. Inventory List: This attachment provides a detailed inventory of the media assets being licensed, including their location, description, and condition. 2. Site Maps: Attachments with maps or plans could be included to showcase the designated areas authorized for media asset usage by On Site Media, Inc. 3. Technical Specifications: If necessary, technical specifications related to the media assets, such as their dimensions, electrical requirements, or installation guidelines, may be included as attachments. 4. Maintenance and Repair Guidelines: This attachment might provide specific instructions for maintaining, cleaning, and repairing the media assets during the license period. 5. Insurance Requirements: If applicable, there might be an attachment outlining the insurance requirements, including minimum coverage and naming Site-Based Media, Inc., as an additional insured party. By tailoring the contents of the agreement and its attachments to reflect the specific nature of the license and the expectations of both parties, the Franklin Ohio License Agreement between Site-Based Media, Inc., and On Site Media, Inc., ensures a clear understanding and a mutually beneficial relationship.

Franklin Ohio License Agreement: The Franklin Ohio License Agreement is a legally binding contract between Site-Based Media, Inc., and On Site Media, Inc., that outlines the terms and conditions of utilizing certain media assets within the city of Franklin, Ohio. This agreement grants On Site Media, Inc., the right to access and utilize specific media assets owned by Site-Based Media, Inc., within the designated territory. Key terms and clauses included in the Franklin Ohio License Agreement include but are not limited to: 1. Grant of License: This section defines the scope of the license agreement, specifying the media assets owned by Site-Based Media, Inc., that are being licensed to On Site Media, Inc., within the Franklin, Ohio area. 2. Territory: The agreement specifies the precise geographic territory within which On Site Media, Inc., is authorized to use the licensed media assets. This ensures that the agreement is limited to the agreed upon location(s) in Franklin, Ohio. 3. Term: The agreement sets forth the duration of the license, outlining the start date and end date of its validity. The Term clause specifies whether the agreement is for a fixed duration or can be renewed automatically or upon mutual agreement. 4. License Fees: This section outlines the financial obligations of On Site Media, Inc., including the payment terms, frequency, and methods of payment for the usage of the media assets. It may also contain provisions regarding late fees, interest, or penalties for non-compliance. 5. Intellectual Property Rights: The agreement stipulates that all intellectual property rights related to the media assets remain the exclusive property of Site-Based Media, Inc. On Site Media, Inc., acknowledges and agrees not to infringe upon these rights. 6. Obligations of On Site Media, Inc.: This clause sets out the responsibilities and obligations of On Site Media, Inc., during the term of the agreement. It may include guidelines for the maintenance, care, and repair of the media assets, compliance with local laws and regulations, and compliance with any advertising standards. 7. Termination: The agreement outlines the conditions under which either party may terminate the license agreement prematurely. This may include breach of contract, insolvency, failure to pay license fees, or violation of any other terms specified in the agreement. Attachments: The Franklin Ohio License Agreement may include several attachments or exhibits to provide further details and specifications. Some common attachments could be: 1. Inventory List: This attachment provides a detailed inventory of the media assets being licensed, including their location, description, and condition. 2. Site Maps: Attachments with maps or plans could be included to showcase the designated areas authorized for media asset usage by On Site Media, Inc. 3. Technical Specifications: If necessary, technical specifications related to the media assets, such as their dimensions, electrical requirements, or installation guidelines, may be included as attachments. 4. Maintenance and Repair Guidelines: This attachment might provide specific instructions for maintaining, cleaning, and repairing the media assets during the license period. 5. Insurance Requirements: If applicable, there might be an attachment outlining the insurance requirements, including minimum coverage and naming Site-Based Media, Inc., as an additional insured party. By tailoring the contents of the agreement and its attachments to reflect the specific nature of the license and the expectations of both parties, the Franklin Ohio License Agreement between Site-Based Media, Inc., and On Site Media, Inc., ensures a clear understanding and a mutually beneficial relationship.