Grant of Exploration License Sample Clauses

Grant of Exploration License. Owners hereby grant to Xxxxx the exclusive right and option to enter upon and explore the Mineral Property. The Exploration License shall have a term of Two (2) years commencing on execution of this agreement by both parties (the "Effective Date"). During the term of the license, Xxxxx shall have the right to undertake geological, geophysical, and geochemical examinations of the Mineral Property, to sample the Mineral Property by means of pits, trenches, and drilling by any means, and to take bulk samples from the Mineral Property for the purpose of conducting mineralogical tests, etc. However, Xxxxx shall not commence mining activities on the Mineral Property unless it exercises its option to purchase set forth in Section 2 below.
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Grant of Exploration License. Owners hereby grant to Delta the exclusive right and option to enter upon and explore the Mineral Property. The Exploration License shall have a term of three (3) years commencing on execution of this agreement by both parties (the "Effective Date"). During the term of the license, Delta shall have the right to undertake geological, geophysical, and geochemical examinations of the Mineral Property; to sample the Mineral Property by means of pits, trenches, and drilling by any means; and to take bulk samples from the Mineral Property for the purpose of conducting mineralogical tests, etc. However, Delta shall not commence mining activities on the Mineral Property unless it exercises its option to purchase set forth in Section 2 below.
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Grant of Exploration License. Owners hereby grant to Britt the exclusive right and option to enter upon and explore the Mixxxxx Property. The Exploration License shall have a term of Five (5) years commencing on execution of this agreement by both parties (the "Effective Date"). During the term of the license, Britt shall have the right to undertake geological, geophysical, and xxxxxemical examinations of the Mineral Property; to sample the Mineral Property by means of pits, trenches, and drilling by any means; and to take mini-bulk samples (not to exceed 1 ton total) from the Mineral Property for the purpose of conducting mineralogical tests, etc. However, Britt shall not commence mining activities on the Mineral Property unxxxx it exercises its option to purchase set forth in Section 2 below.
Sample 1

Related to Grant of Exploration License

  • Grant of Exclusive License 1. Licensor hereby grants to Licensee an exclusive worldwide license with the right to sublicense others, to make, have made, use, sell and lease the Products described in the Licensed Patent Rights with reach-through rights reserved to Licensor.

  • Grant of License Subject to the terms and conditions of this Agreement, BCBSA hereby grants to the Controlled Affiliate the exclusive right to use the licensed Marks and Names in connection with and only in connection with those life insurance and related services authorized by applicable state law, other than health care plans and related services (as defined in the Plan's License Agreements with BCBSA) which services are not separately licensed to Controlled Affiliate by BCBSA, in the Service Area served by the Plan, except that BCBSA reserves the right to use the Licensed Marks and Name in said Service Area, and except to the extent that said Service Area may overlap the area or areas served by one or more other licensed Blue Shield Plans as of the date of this License as to which overlapping areas the rights hereby granted are non-exclusive as to such other Plan or Plans and their respective Licensed Controlled Affiliates only. Controlled Affiliate cannot use the Licensed Marks or Name outside the Service Area or, anything in any other license to Controlled Affiliate notwithstanding, in its legal or trade name.

  • Grant of Sublicense Subject to the terms and conditions of this Agreement, Adviser hereby grants to the Trust a non-transferable sublicense to use the Index (and associated data and information) listed on Exhibit A in the manner set forth in, and subject to the terms of, the License Agreement.

  • GRANT OF LICENCE 2.1 Subject to the provisions of this Agreement and the surviving provisions of the CTOA, CRT hereby grants to the Company:

  • Advancement of Expenses To the extent not prohibited by law, the Company shall advance the expenses incurred by Indemnitee in connection with any proceeding, and such advancement shall be made within twenty (20) days after the receipt by the Company of a statement or statements requesting such advances (which shall include invoices received by Indemnitee in connection with such expenses but, in the case of invoices in connection with legal services, any references to legal work performed or to expenditures made that would cause Indemnitee to waive any privilege accorded by applicable law shall not be included with the invoice) and upon request of the Company, an undertaking to repay the advancement of expenses if and to the extent that it is ultimately determined by a court of competent jurisdiction in a final judgment, not subject to appeal, that Indemnitee is not entitled to be indemnified by the Company. Advances shall be unsecured, interest free and without regard to Indemnitee’s ability to repay the expenses. Advances shall include any and all expenses actually and reasonably incurred by Indemnitee pursuing an action to enforce Indemnitee’s right to indemnification under this Agreement, or otherwise and this right of advancement, including expenses incurred preparing and forwarding statements to the Company to support the advances claimed. Indemnitee acknowledges that the execution and delivery of this Agreement shall constitute an undertaking providing that Indemnitee shall, to the fullest extent required by law, repay the advance if and to the extent that it is ultimately determined by a court of competent jurisdiction in a final judgment, not subject to appeal, that Indemnitee is not entitled to be indemnified by the Company. The right to advances under this Section shall continue until final disposition of any proceeding, including any appeal therein. This Section 6 shall not apply to any claim made by Indemnitee for which indemnity is excluded pursuant to Section 10(b).

  • Grant of Licenses Subject to the terms and conditions of this Agreement, Licensor hereby grants to Yahoo, under Licensor's Intellectual Property Rights:

  • License Agreement The Trust shall have the non-exclusive right to use the name "Invesco" to designate any current or future series of shares only so long as Invesco Advisers, Inc. serves as investment manager or adviser to the Trust with respect to such series of shares.

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

  • Sublicense Agreements Sublicenses shall be granted only pursuant to written agreements, which shall be subject and subordinate to the terms and conditions of this Agreement. Such Sublicense agreements shall contain, among other things, provisions to the following effect:

  • Sublicense (a) The license granted in Paragraph 2.1 includes the right of LICENSEE to grant Sublicenses to third parties during the Term but only for as long as the license to Patent Rights is exclusive.

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