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Rcc liquidating corp ritz camera

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If the arbitrators do not determine that RII's use of the Mark in connection with such New Business would subject RCC to a risk of any unfavorable regulatory action, violate any law, infringe the rights of any third party, impair the goodwill associated with the Mark or any other Marks (as such term is defined in the RCC Agreement), or unreasonably subject RCC to liability, then RII may use the Mark in connection with such New Business, subject to the other terms and conditions of this Agreement. TERM 2.1 This Agreement shall begin on the Effective Date and shall, unless terminated pursuant to this ARTICLE 2, continue in perpetuity.2.2 RCC shall have the right (but not the obligation) to terminate immediately this Agreement: 2.2.1 if RII is in material breach of any of its obligations or representations hereunder, which are material to this Agreement and which breach is not cured or remedied within sixty (60) days of receipt by RII of written notice from RCC of such breach; 2.2.2 if RII files or is the subject of a voluntary petition in bankruptcy or any voluntary proceeding relating to insolvency, receivership, liquidation, or composition for the benefit of creditors, if such petition or proceeding is not dismissed within sixty (60) days of filing; or becomes the subject of any involuntary petition in bankruptcy or any involuntary proceeding relating to insolvency, receivership, liquidation, or composition for the benefit of creditors, if such petition or proceeding is not dismissed within sixty (60) days of filing; 2 2.2.3 if the business of RII is liquidated or otherwise terminated for insolvency or any other basis; or 2.2.4 if RII makes a general assignment for the benefit of its creditors.2.3 RII shall have the right (but not the obligation) to terminate immediately this Agreement: 2.3.1 if RCC is in material breach of any of its obligations or representations hereunder, which are material to this Agreement and which breach is not cured or remedied within sixty (60) days of receipt by RCC of written notice from RII of such breach; 2.3.2 if RCC is the subject of a voluntary petition in bankruptcy or any voluntary proceeding relating to insolvency, receivership, liquidation, or composition for the benefit of creditors, if such petition or proceeding is not dismissed within sixty (60) days of filing, or becomes the subject of any involuntary petition in bankruptcy or any involuntary proceeding relating to insolvency, receivership, liquidation, or composition for the benefit of creditors, if such petition or proceeding is not dismissed within sixty (60) days of filing; 2.3.3 if the business of RCC is liquidated or otherwise terminated for insolvency or any other basis; or 2.3.4 if RCC makes a general assignment for the benefit of its creditors.GRANT OF LICENSE 1.1 "RII Field" means any business other than sales of (i) photographic equipment, supplies and products, (ii) boating, fishing and marine equipment, supplies and products, (iii) photo finishing, digital imaging, portraits and related services, or (iv) consumer electronic equipment.1.2 RCC hereby grants to RII a perpetual, worldwide, royalty-free, fully-paid exclusive (including as to RCC) license to, after the termination of the RCC Agreement, use and reproduce the Mark in conjunction with any business or use in the RII Field (the "License").Search a company in South Africa with your criteria (trade name, adress, South African registry number...).