Granting of Rights. 1.1.1 Equity Option Party B hereby irrevocably grants to Party A an option (exercisable one or more times) to purchase or cause any one or more persons designated by Party A (“Designated Persons”) to purchase, to the extent permitted under PRC law, according to the steps determined by Party A, at the price specified in Article 1.3 of this Agreement, and at any time from Party B, a portion of, or all of, the Equity Interest (the “Equity Option”). No Equity Option shall be granted to any third party other than Party A and/or the Designated Persons. Party C hereby agrees to the granting of the Equity Option by Party B to Party A and/or the Designated Persons. The term “person” in this Agreement means an individual person, corporation, joint venture, partnership, enterprise, trust or a non-corporation organization.
Granting of Rights. 2.1. AFMG grants the User a perpetual, non-exclusive, non-sublicensable and non-transferable right for the term of this Agreement to use the Software on a number of computers only. This number corresponds to the number of User Keys purchased from AFMG or AFMG’s Partners.
Granting of Rights. 1. Xxxxxxxxx hereby grants to the Licensee a non-exclusive, worldwide, nontransferable license during the term of this agreement to use the Licensed Software Developer Kit solely:
Granting of Rights. In consideration of its agreement to pay the payments and benefits, and to comply with the working conditions provided herein, the Employer is hereby granted the right to make audio recordings from live performances of symphony, opera or ballet orchestras, audio or audio-visual recordings from archival tapes of live performances, and audio-visual recordings from live performances and special calls, and to exploit those recordings subject to the provisions of this Agreement.
Granting of Rights. The Shareholders hereby irrevocably grant to Party A an option (“Call Option”) to purchase or cause any person or persons designated by Party A (“Designee”) to purchase from the Shareholders at any time, to the extent permitted by PRC laws and according to the steps as determined by Party A at its own discretion, all or part of their equity in Party C (“Target Equity”) at the price specified in Article 1.3 of this Agreement. The Shareholders shall not sell, sell by offer, transfer, donate or pledge the equity to any other third person other than Party A and/or the Designee. Party C hereby agrees to the granting of the Call Option by the Shareholders to Party A and/or the Designee. The “person” set forth in this article and this Agreement means an individual, corporation, joint venture, partnership, enterprise, trust or a non-corporation organization.
Granting of Rights. Party B hereby irrevocably grants Party A or one or more persons designated by Party A (each, a “Designated Person”) an irrevocable and exclusive right to purchase (the “Call Option”) from Party B the whole or a part of the equity interest in Party C held by Party B (the “Target Equity”) exercisable by Party A at its own option and at the price set forth in Article 1.3 herein pursuant to any applicable PRC laws. Unless the prior written consent of Party A and its Designated Person has been obtained, Party B shall not sell, transfer or dispose of the Target Equity in any way to any other person. Party C hereby agrees to Party B’s granting to Party A the Call Option. The reference to “person” in this Section and this Agreement are to a natural person, legal person or non-legal person entity.
Granting of Rights. The right to reproduce the software is limited to the installation of the software on a computer system of the customer and to a duplication necessary for loading, displaying, running, transferring and storing the software, as well as the right to make a backup copy of the software by a person authorized to do so pursuant to § 69d para. 2 UrhG (Copyright act). The customer will make a "backup copy" and a copyright notice visible on the created backup copy. Unless the customer has expressly granted rights under this agreement, all rights to the object of agreement - in particular copyright, the rights to or of inventions, as well as technical protection rights with respect to the software - shall be exclusively reserved to Tribo Technologies.
Granting of Rights. 1. Licensor grants the Licensee a non-exclusive non-transferable right to use the Software and Documentation for the duration of the Lease Agreement. The Licensee may only install and use the Software on the agreed number of computers.
Granting of Rights. Party B hereby exclusively, irrevocably and unconditionally grants Party A an irrevocable and exclusive right to purchase or designate one or more persons (each, a “Designee”) to purchase the equity interests in Party C then held by Party B or assets from Party C, at once or in multiple times and at any time, in part or in whole, at Party A’s sole and absolute discretion to the extent permitted by the laws of China, according to the steps determined by Party A, and at the price described in Section 1.3 herein (such right being the “Equity Interest/Assets Purchase Option”). Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights with respect to the equity interests held by Party B or assets of Party C. Party C hereby agrees to the grant by Party B of the Equity Interest Purchase Option to Party A. The term “person” as used herein shall refer to an individual person, corporation, joint venture, partnership, enterprise, trust or a non-corporate organization.
Granting of Rights. The provider grants the customer a nonexclusive, nontransferable right unrestricted in terms of location or time to the private and noncommercial use of the content. Furthermore, the provider grants the customer a nonexclusive, nontransferable right unrestricted in terms of location or time for the following commercial uses:
