Grant of License to Seller Sample Clauses

Grant of License to Seller. Purchaser hereby grants to Seller and its Subsidiaries a worldwide, non-exclusive, perpetual, non-transferable non-sub licensable and royalty-free license under the Patents to do the following: [insert]
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Grant of License to Seller. Effective as of the Closing Date, Purchaser hereby grants to Seller and its Subsidiaries a worldwide, non-exclusive, perpetual, non-transferable (except as provided in Section 4.4 below), non-sublicensable, and royalty-free license under the Patents to do the following: (a) make Expansion and Docking Products; (b) have a third party make Expansion and Docking Products, or subcomponents of Expansion and Docking Products, for Seller and its Subsidiaries; and (c) lease, use, market, sell, offer for sale, import and otherwise dispose of Expansion and Docking Products made by Seller, its Subsidiaries or by a third party in accordance with (a) or (b) above.
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Grant of License to Seller. From and after the Closing, Buyer hereby grants to Seller a royalty-free, world-wide non-exclusive license in perpetuity to hold and use all of Buyer's manufacturing technology pertaining to the manufacture of the Products AEROTEX 802, AEROTEX 900 and CYANATEX TSI (the "License Technology") made available hereunder as of the Closing Date or thereafter, including, but not limited to, all computer programs, processes, operating procedures, methods, techniques, product formulae, specifications, designs, research and develop- ment data, patents, inventions, invention records, patent appli- cations, process drawings, process flow-sheets, operating manuals and reports, toxicology reports, material safety data sheets, technical bulletins, and all other technology and records per- taining solely and exclusively to the License Technology, for the sole and exclusive purpose of Seller's manufacturing, or having manufactured for it, using and selling chemicals made using the License Technology to markets outside the textile trade. In the event Seller determines to contract with third parties to manu- facture products using the License Technology in the United States pursuant to the preceding sentence, Seller shall notify Buyer and afford Buyer a reasonable period of time to submit a proposal to Seller for such manufacturing. Seller will have the right, in its sole discretion, to accept or reject such proposal or to negotiate such proposal with Buyer. Buyer shall make existing License Technology available to Seller as of the Closing Date. In addition, to the extent Buyer makes technology discoveries or developments within twelve months after the Closing Date relating to the License Technology that, in Buyer's judgment, may become or is commercially valu- able, Buyer shall make such technology available to Seller at no additional cost as License Technology. Buyer shall notify Seller of such discoveries or developments semi-annually by providing a review of such discoveries or developments during the prior six (6) months. Buyer shall further make additional License Technol- ogy discovered or developed more than twelve (12) months after the Closing Date available to Seller after Closing at reasonable royalties to be negotiated. Buyer shall notify Seller of such discoveries or developments semi-annually by providing a review of such discoveries and developments during the prior six (6) months. Seller acknowledges and agrees that all information related to the License Techn...
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Related to Grant of License to Seller

  • Grant of License During the term of this Contract:

  • Grant of Licenses 9.1 We grant to you a non-exclusive, non-transferable, revocable right to (i) access our site through HTML links solely in accordance with the terms of this Agreement and (ii) solely in connection with such links, to use our logos, trade names, trademarks, and similar identifying material (collectively, the “Licensed Materials”) that we provide to you or authorize for such purpose. You are only entitled to use the Licensed Materials to the extent that you are a member in good standing of Xxxxxx’s Affiliate Program. You agree that all uses of the Licensed Materials will be on behalf of Xxxxxx and the good will associated therewith will insure to the sole benefit of Cerule.

  • GRANT OF LICENCE 2.1 XXXXX, subject to the Licensee complying with the terms of the Agreement, grants the Licensee a Licence to Perform, or permit to be performed, any of the Works of Music for the time being in XXXXX’s Repertoire, at the Premises.

  • Grant of License to Use Intellectual Property For the purpose of enabling the Notes Collateral Agent to exercise rights and remedies under this Agreement at such time as the Notes Collateral Agent shall be lawfully entitled to exercise such rights and remedies, each Grantor shall, upon request by the Notes Collateral Agent at any time after and during the continuance of an Event of Default, grant to the Notes Collateral Agent an irrevocable (until the termination of the Indenture) nonexclusive license (exercisable without payment of royalty or other compensation to the Grantors) to use, license or sublicense any of the Collateral now owned or hereafter acquired by such Grantor, and wherever the same may be located, and including in such license reasonable access to all media in which any of the licensed items may be recorded or stored and to all computer software and programs used for the compilation or printout thereof; provided, however, that nothing in this Section 3.03 shall require Grantors to grant any license that is prohibited by any rule of law, statute or regulation or is prohibited by, or constitutes a breach or default under or results in the termination of any contract, license, agreement, instrument or other document evidencing, giving rise to or theretofore granted, to the extent permitted by the Indenture, with respect to such property; provided, further, that such licenses to be granted hereunder with respect to Trademarks shall be subject to the maintenance of quality standards with respect to the goods and services on which such Trademarks are used sufficient to preserve the validity of such Trademarks. The use of such license by the Notes Collateral Agent may be exercised, at the option of the Notes Collateral Agent, during the continuation of an Event of Default; provided that any license, sublicense or other transaction entered into by the Notes Collateral Agent in accordance herewith shall be binding upon the Grantors notwithstanding any subsequent cure of an Event of Default.

  • Transfer of Licenses Lessee shall use reasonable efforts (i) to transfer to Lessor or Lessor’s nominee all licenses, operating permits and other governmental authorizations and all contracts, including contracts with governmental or quasi-governmental entities, that may be necessary for the operation of the Hotel (collectively, “Licenses”), or (ii) if such transfer is prohibited by law or Lessor otherwise elects, to cooperate with Lessor or Lessor’s nominee in connection with the processing by Lessor or Lessor’s nominee of any applications for, all Licenses; provided, in either case, that the costs and expenses of any such transfer or the processing of any such application shall be paid by Lessor or Lessor’s nominee.

  • Termination of License Agreement Without limiting the generality of the foregoing, in the event that the License Agreement is terminated in accordance with its terms, this Agreement, including without limitation any Purchase Order(s) or Project Work Orders then-in-effect, shall automatically terminate in its entirety as of the effective date of termination of the License Agreement.

  • Scope of License The license granted to you for the Company application is limited to a non-transferable license to use the Company application on a device that utilizes the Apple iOS or Android operating system, as applicable, and in accordance with the usage rules set forth in the applicable App Distributor terms of service. (2)

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