Commercial Licences Sample Clauses

Commercial Licences. (a) With the exception of the Company and its Subsidiaries, no individual or legal entity may carry on any commercial activity whatsoever including, but not limited to, the provision of goods and services in Quatre Isle and the provision of transport services to and from Quatre Isle without first obtaining a Commercial Licence from the Company. The Company may, in consultation with the Government, impose such conditions in a Commercial Licence as it considers appropriate. (b) Where a legal entity wishes to carry on business in Quatre Isle, the Commercial Licence will be issued by the Company to the individual designated by the legal entity as being the individual present in Quatre Isle who will have the day to day executive responsibility for the business, such designation to be in a form satisfactory to the Company. (c) On the death of a Commercial Licensee, the Commercial Licence will be transferred to the personal representative(s) of the deceased, or where the Commercial Licensee is an individual designated in writing pursuant to (b) above, to the individual named as his successor by the legal entity. Any Commercial Licence so transferred shall be revoked on the date three months after the death of the original holder unless an application for a new Commercial Licence has been made and accepted by the Company prior to that date. (d) A Commercial Licence shall be revoked— (i) on the individual Commercial Licensee ceasing to have day to day executive responsibility for the business for which the Commercial Licence was granted or ceasing to be the beneficial owner of the Commercial Licence. For the avoidance of doubt the Commercial Licensee will cease to be the beneficial owner of the Commercial Licence if he purports to assign or transfer the Commercial Licence (whether or not for consideration), or (ii) upon a change of control of the legal entity in respect of which the Commercial Licence was granted. (e) The Company will only issue a Commercial Licence to an applicant if it is satisfied that the applicant is in compliance with all applicable laws of the State of Saint ▇▇▇▇▇▇▇ and the Grenadines. (f) Notwithstanding any other conditions which may be imposed on the grant of a Commercial Licence, all Commercial Licences will stipulate that— (i) the Commercial Licensee shall conduct his business in such a manner as in the opinion of the Company shall ensure the continued development of Quatre Isle as a first-class international residential luxury resort a...
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Commercial Licences. (a) With respect to a New Candidate or Collaboration Product other than with respect to any Opt-In Product which is the subject to a successful Opt-In OMT shall grant and herewith grants to Molecular Partners a non-exclusive, worldwide license (with rights to sublicence) under OMT Background and any OMT Foreground to Develop, Manufacture and Commercialise the New Candidates or Collaboration Products in return for payment of the Royalty Payment in accordance with Section 7.1(a) (which sets out the Royalty Payment for an Exclusive Product or Non-Exclusive Product, respectively). (b) With respect to Opt-In Products, the licenses of the RDC Agreement shall apply. (c) With respect to a New Candidate or Collaboration Product to which Section 2.5(e)(i) or 2.6(b)(iv)(where the Remaining Party is OMT) applies, Molecular Partners shall grant and herewith grants to OMT a non-exclusive, worldwide license (with rights to sublicence) under: (i) Molecular Partners Background; (ii) Molecular Partners’ interest in the Joint Foreground IPR; and (iii) any Molecular Partners Foreground, provided that with respect to any Exclusive Product, the license under the Product Specific IPR shall be exclusive (even as to Molecular Partners), to Develop, Manufacture and Commercialise such New Candidate or Collaboration Product on and subject to payment of equivalent Royalty Payments to those set out in Section 7.1 with respect to the rights granted under Section 2.5(e)(i) or 2.6(b)(iv), as applicable. Further, Molecular Partners shall use Commercially Reasonable Efforts to provide DARPin and related support consistent with its obligations under the Clinical Supply Agreement and Commercial Supply Agreement (as applicable).
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Related to Commercial Licences

  • Commercial License For information regarding a commercial license please contact the Faculty of Fisheries and Protection of Waters, University of South Bohemia Ceske Budejovice, ▇▇▇▇▇ ▇▇▇, ▇▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, tel:

  • Trial License We grant you a free-of-charge, non-assignable, non-sublicensable, non-exclusive, worldwide right and license for one (1) Authorized User to install and use one (1) copy of the Software solely for internal Non-Production purposes to evaluate the Software to determine whether to purchase a license to the Software. You may not download more than one (1) copy of the Software unless otherwise authorized by us. You may not use the Software for any other purpose. You may only use the Software for thirty (30) days from the Effective Date, unless otherwise authorized by us ("Trial Period"). Unless you pay the applicable fee for the Software, the Software may become inoperable and, in any event, your right to use Software automatically expires at the end of the Trial Period. We may terminate your license to the trial version of the Software upon written notice at any time for any reason and without liability of any kind. If you subsequently license a non-trial version of the Software, your license to the trial version of the Software shall immediately terminate.

  • Perpetual License Notwithstanding anything else in the Agreement, Licensor grants to Licensee and Participating Institutions a nonexclusive, royalty-free, system-wide perpetual license limited to the territory of Czech Republic to use any Licensed Materials that were subscribed to or for which a perpetual license fee has been paid during the term of this Agreement. Such use shall be in accordance with the provisions of this Agreement, which provisions shall survive any termination of this Agreement. The means by which Licensee and/or Participating Institutions shall have access to such Licensed Materials shall be in a manner and form substantially equivalent to the means by which access is provided under this Agreement. If the Licensor’s means of access is not available, the Licensee and/or Participating Institutions may provide substantially equivalent access to the Licensed Materials by use of an archival copy or by engaging the services of third-party trusted archives (such as Portico) and/or participating in collaborative archiving endeavors to exercise its perpetual use rights.

  • Initial License Fee In partial consideration for the exclusive license granted pursuant to Section 2.1 hereof, Licensee shall pay to Scripps a non-refundable license fee upon execution of this Agreement in the amount of 70,000 shares of Licensee common stock as specified in Exhibit D. The license fee described in this Section is consideration for the grant and continuation of the license hereunder, and Scripps shall have no obligation to return any portion of such license fee, notwithstanding any failure by Licensee to develop any Licensed Product or market any Licensed Product commercially, and notwithstanding the volume of sales of any such Licensed Product.

  • Mechanical License If any selection or musical composition, or any portion thereof, recorded in the New Song hereunder is written or composed by Producer, in whole or in part, alone or in collaboration with others, or is owned or controlled, in whole or in part, directly or indirectly, by Producer or any person, firm, or corporation in which Producer has a direct or indirect interest, then such selection and/or musical composition shall be hereinafter referred to as a “Controlled Composition”. Producer hereby agrees to issue or cause to be issued, as applicable, to Licensee, mechanical licenses in respect of each Controlled Composition, which are embodied on the New Song. For that license, on the United States and Canada sales, Licensee will pay mechanical royalties at one hundred percent (100%) of the minimum statutory rate, subject to no cap of that rate for albums and/or EPs. For license outside the United States and Canada, the mechanical royalty rate will be the rate prevailing on an industry-wide basis in the country concerned on the date that this agreement has been entered into.