Butterball Canada License Sample Clauses

Butterball Canada License. Seller had been engaged in discussions with the current licensee of the Butterball xxxx in Canada regarding the possible sale or perpetual license of such xxxx. Buyer objected to such sale and will not provide its consent thereto. As such, the Butterball xxxx in Canada shall transfer to Buyer in accordance with the terms of this Agreement at Closing; provided, however, that Buyer hereby agrees that if Buyer or any Affiliate or assignee thereof, during the remainder of the current term of that certain Trademark License Agreement, dated as of May 31, 2004, by and between ConAgra Foods Canada, Inc. and Xxxxxxx & Xxxxxxxxxx, Limited, directly or indirectly sells or perpetually licenses the Butterball xxxx in Canada to Xxxxxxx & Xxxxxxxxxx or any Affiliate or assignee thereof, Buyer shall pay to Seller an amount equal to one-half of the net after-tax proceeds of such transaction.
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Butterball Canada License. Section 5.7 of the Agreement shall be deleted in its entirety and the following revised Section 5.7 shall be deemed inserted in place thereof:
Sample 1
Butterball Canada License. Seller had been engaged in discussions with the current licensee of the Butterball xxxx in Canada regarding the possible sale or perpetual license of such xxxx. Buyer objected to such sale and will not provide its consent thereto. As such, the Butterball xxxx in Canada shall transfer to Buyer in accordance with the terms of this Agreement at Closing; provided, however, that Buyer hereby agrees that if Buyer or any Affiliate or assignee thereof, during the five (5) year period following the Closing Date, directly or indirectly sells or perpetually licenses the Butterball xxxx in Canada, Buyer shall promptly pay, or cause to be paid, to Seller an amount equal to one-half of the proceeds of such transaction, less an amount equal to the taxes, if any, Buyer is required to pay with respect to the portion of the proceeds so paid to Seller.”
Sample 1

Related to Butterball Canada License

  • Technology License 4.1 Unless any event described in Article 2.2 or 2.3 of this Agreement occurs, all of the technology required to be licensed for any of Party B’s business shall be provided by Party A on an exclusive basis. Party A will try its best to license Party B to use the technology owned by Party A, or re-license Party B to use the technology as approved by the owner.

  • Exclusive License Licensor hereby grants to Licensee and Licensee hereby accepts from Licensor, upon the terms and conditions herein specified, a sole and exclusive license under the Licensed Patent Rights in the Territory, and in the Field of Use to develop, make, have made, import, have imported, use, offer to sell, sell, and otherwise commercialize Licensed Product(s).

  • Sub-licensing The Licensee shall be entitled to grant sub-licences of its rights under this Agreement to any person, provided that:

  • Trademark License System Agency grants to Grantee/Contractor, for the term of the Grant Agreement/Contract, a limited non-exclusive, royalty-free, non-assignable, non-transferable license to reproduce System Agency’s trademarks on published materials in the United States related to the performance of the Grant Agreement/Contract, provided that such license is expressly conditional upon, and subject to, the following:

  • Patent License For patent claims including, without limitation, method, process, and apparatus claims which You or Your Affiliates own, control or have the right to grant, now or in the future, You grant to Us a perpetual, worldwide, non-exclusive, transferable, royalty-free, irrevocable patent license, with the right to sublicense these rights to multiple tiers of sublicensees, to make, have made, use, sell, offer for sale, import and otherwise transfer the Contribution and the Contribution in combination with the Material (and portions of such combination). This license is granted only to the extent that the exercise of the licensed rights infringes such patent claims; and provided that this license is conditioned upon compliance with Section 2.3.

  • Development License Subject to the terms and conditions of this XXXX, You are licensed to perform an installation of the SOFTWARE for an unlimited use in designing, testing and creating Developed Software by unlimited Developers on one or more computers.

  • Trademark License Agreement Buyer shall have executed and delivered to Sellers the Trademark License Agreement.

  • PATENT LICENSE AGREEMENT EXCLUSIVE PHS and Licensee agree as follows:

  • Commercialization License Subject to the terms of this Agreement, including without limitation Section 2.2 and Theravance's Co-Promotion rights in Section 5.3.2, Theravance hereby grants to GSK, and GSK accepts, an exclusive license under the Theravance Patents and Theravance Know-How to make, have made, use, sell, offer for sale and import Alliance Products in the Territory.

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