GRANT OF MASTER LICENSE Sample Clauses

GRANT OF MASTER LICENSE. 6 ----------------------- 2.2 EXCLUSIVE RELATIONSHIP............................... 7 ---------------------- 2.3 TERM................................................. 7 ---- 2.4
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GRANT OF MASTER LICENSE. (a) Subject to all of the terms and ----------------------- conditions hereof, Company grants to Master Licensee, for and during the Term, the exclusive right within the Territory to grant Travelodge System franchise, area development and franchise brokerage rights, for the construction, conversion, development and operation of Units in the Territory. Master Licensee shall not own or operate any Unit for itself, except through Affiliates. Except as otherwise provided in Paragraph 3.5 hereof, and provided that Master Licensee is in material compliance with this Agreement, Company and its Affiliates, and Company's direct and indirect subsidiaries shall not develop, manage or locate, or grant a license or franchise for, any Travelodge System lodging facility in the Territory; provided, however, Company and other -------- Travelodge System area, master and unit licensees and franchisees having units located outside the Territory may advertise within the Territory.
Sample 1
GRANT OF MASTER LICENSE. 5 ------------------------
Sample 1
GRANT OF MASTER LICENSE. (a) Subject to all of the terms and conditions hereof, Company grants to Master Licensee, for and during the Term, the exclusive right within the Territory to grant System franchise, area development and franchise brokerage rights for the construction, conversion, development and operation of Units in the Territory. Master Licensee shall not own or operate any Unit for itself, provided that its Affiliates may own, operate, lease and manage Units. Company and its Affiliates shall not develop, manage or locate, or grant a license or franchise for, any System hotel, motel, inn, suite or extended stay apartment-type lodging facility in the Territory; provided, however, Company and other System area, master and unit licensees and franchisees having units located outside the Territory may advertise within the Territory.
Sample 1
GRANT OF MASTER LICENSE. The Franchisor grants to the Master Franchisee, and the Master Franchisee accepts from the Franchisor, the exclusive right to use the Marks and the Master Franchise Methods in connection with operating the Master Franchisee's Business within the Master Franchise Area; provided, however, that nothing in this paragraph 2.1 shall impair the ability of Franchisees of Franchisor to operate consistent with a Grease Monkey Franchise Agreement executed prior to the effective date of this Agreement. The rights that are granted to the Master Franchisee are for the specific Master Franchise Area and cannot be transferred from or used outside of such Master Franchise Area, nor may the boundaries of the Master Franchise Area be altered or modified, without the prior written approval of the Franchisor. The Master Franchisee acknowledges that its continued rights to operate the Master Franchisee's Business in the Master Franchise Area is dependent on the Master Franchisee's continued compliance with all terms and conditions of this Agreement, including without limitation the Master Franchisee's obligations and deadlines imposed by the Development Schedule defined in Section 5.2 of this Agreement and set forth on Exhibit A.
Sample 1
GRANT OF MASTER LICENSE. (a) Subject to all of the terms and ----------------------- conditions hereof, Company grants to Master Licensee, for and during the Term, the exclusive right within the Territory to grant Travelodge System franchise, license, area development and franchise brokerage rights, for the construction, conversion, development, operation and marketing (subject to Article IV) of Units in the Territory. Master Licensee may not license or franchise any other party to grant subfranchises or sublicenses. Except as otherwise provided herein, including, without limitation, Paragraphs 3.4 and 3.5 hereof, and provided that Master Licensee is in compliance with this Agreement, Company and its Affiliates, and Company's direct and indirect subsidiaries shall not develop, manage or locate, or grant a license or franchise for, any Travelodge System lodging facility in the Territory; provided, however, Company and other -------- Travelodge System area, master and unit licensees and franchisees having units located outside the Territory may advertise within the Territory. Nothing contained in this Agreement restricts or affects the rights of Company to grant Travelodge System franchises and licenses outside the Territory, or the rights of Company and Company's Affiliates and their licensees the right to grant any franchise or license of any kind or nature whatsoever other than Travelodge System franchises, licenses, area development and franchise brokerage rights, within the Territory.
Sample 1
GRANT OF MASTER LICENSE. The Licensor grants to the Licensee the Exclusive Master License on the basis that the Licensor may continue to use the Products to serve its existing and future clients but:
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Related to GRANT OF MASTER LICENSE

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

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

  • Grant of License to Use Intellectual Property For the purpose of enabling the Collateral Agent to exercise rights and remedies under this Article at such time as the Collateral Agent shall be lawfully entitled to exercise such rights and remedies, each Grantor hereby grants to the Collateral Agent an irrevocable, non-exclusive license (exercisable without payment of royalty or other compensation to the Grantors) to use, license or sub-license any of the Collateral consisting of Intellectual Property 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. The use of such license by the Collateral Agent shall be exercised, at the option of the Collateral Agent, upon the occurrence and during the continuation of an Event of Default; provided that any license, sub-license or other transaction entered into by the Collateral Agent in accordance herewith shall be binding upon the Grantors notwithstanding any subsequent cure of an Event of Default.

  • License Grant Subject to the terms and conditions of this Agreement, including the Retained Rights, Licensor hereby grants to Licensee an exclusive, sublicensable (as provided in Section 2.4 only), non-transferable (except as provided in Section 10.2), royalty-bearing, worldwide license, under the Licensed Patents to make, have made, use, import, sell, and offer for sale Licensed Products solely in the Field, including, for the avoidance of doubt, the right to conduct research and development.

  • Exclusive License Grant Subject to the terms and conditions of this Agreement, Licensee hereby grants to Takeda an exclusive, sublicensable (subject to Section 3.3 (Sublicensing)), royalty-bearing right and license under the Licensee Technology and Licensee’s interest in the Joint Technology to Exploit the TAK-385 Licensed Compound and TAK-385 Licensed Products in the Field in the Takeda Territory.

  • Grant of Franchise The Franchisor grants to the Franchisee, and the Franchisee accepts from the Franchisor, the right to use the Marks and Licensed Methods in connection with the establishment and operation of a ROCKY MOUNTAIN CHOCOLATE FACTORY Store, at the location described in Article 3 of this Agreement. The Franchisee agrees to use the Marks and Licensed Methods, as they may be changed, improved, and further developed by the Franchisor from time to time, only in accordance with the terms and conditions of this Agreement.

  • Sublicense Grant Licensee will be entitled to grant Sublicenses to third parties under the license granted pursuant to Section 2.1 subject to the terms of this Section 2.3. Any such Sublicense shall be on terms and conditions in compliance with and not inconsistent with the terms of this Agreement. The grant of a Sublicense shall not in any way diminish or alter Licensee’s obligations under this Agreement.

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