Grants and Covenants Sample Clauses

Grants and Covenants. 2.1 Subject to Sections 2.2, 2.3, and 2.4 NATIONAL, on behalf of itself and its SUBSIDIARIES, hereby grants to "COMPANY TWO" and "COMPANY TWO"'s SUBSIDIARIES, during the TERM of this Agreement, a non-exclusive non- transferable license, without right to sublicense to third parties, under NATIONAL PATENTS, (a) to make, use, lease, sell, offer for sale, export, import or otherwise dispose of LICENSED PRODUCTS. provided however, that no rights are conveyed hereunder to customers of COMPANY TWO under any claim of a NATIONAL PATENT which is directed to (1) a combination of any LICENSED PRODUCT sold, leased or otherwise disposed of by "COMPANY TWO" or "COMPANY TWO"'s SUBSIDIARIES with any other product, or (2) a method or process which is other than the normal and intended use of such LICENSED PRODUCT itself as sold, leased or otherwise disposed of by "COMPANY TWO" or "COMPANY TWO"'s SUBSIDIARIES.
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Grants and Covenants. 2.1. Subject to the terms and conditions of this Agreement, HGS grants to TRANSGENE a non-exclusive, non-transferable, worldwide license under LICENSED TECHNOLOGY and LICENSED PATENTS to perform research and development in the FIELD during the RESEARCH TERM.
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Grants and Covenants. 2.1 Subject to the terms and conditions of this Agreement, PPI grants to HGS a non-exclusive, non-transferable (except as expressly provided herein), worldwide license under PPI TECHNOLOGY and PPI PATENTS, and HGS grants to PPI a non-exclusive, non-transferable, worldwide license under HGS TECHNOLOGY, RESEARCH TECHNOLOGY and HGS PATENTS, to perform research and development on behalf of HGS in the FIELD during the RESEARCH TERM solely with respect to RESEARCH TARGETS.
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Grants and Covenants. 3.1 Subject to Sections 3.4 and 3.5, NATIONAL, on behalf of itself and its SUBSIDIARIES, hereby grants to MICREL and MICREL's SUBSIDIARIES, during the TERM of this Agreement, a non-exclusive non-transferable license, without right to sublicense to third parties, under NATIONAL PATENTS, in all countries in which NATIONAL has or obtains NATIONAL PATENTS, (a) to make, have made, use, lease, sell, offer for sale, export, import or otherwise dispose of LICENSED PRODUCTS and (b) to use or have used any manufacturing technology to make or have made LICENSED PRODUCTS; provided however, that no rights are conveyed hereunder to customers under any NATIONAL PATENT which is directed to (1) a combination of any LICENSED PRODUCT sold, leased or otherwise disposed of by MICREL or MICREL's SUBSIDIARIES with any other product, or (2) a method or process which is other than the normal and intended use of such LICENSED PRODUCT itself as sold, leased or otherwise disposed of by MICREL or MICREL's SUBSIDIARIES.
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Grants and Covenants. 2.1 Subject to the terms and conditions of this Agreement, MEDIMMUNE grants to HPC an exclusive, worldwide royalty free (except for the license fee payments set forth in
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Grants and Covenants 
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Related to Grants and Covenants

  • Agreements and Covenants The Company shall have performed or complied in all material respects with all agreements and covenants required by this Agreement to be performed or complied with by it on or prior to the Effective Time.

  • Conditions and Covenants All of the provisions of this Lease shall be deemed as running with the land, and construed to be “conditions” as well as “covenants” as though the words specifically expressing or imparting covenants and conditions were used in each separate provision.

  • Performance of Agreements and Covenants Each and all of the agreements and covenants of Buyer to be performed and complied with pursuant to this Agreement and the other agreements contemplated hereby prior to the Effective Time shall have been duly performed and complied with in all material respects.

  • Agreements and Covenants of the Company The Company hereby agrees and covenants to:

  • Representations and Covenants In accordance with IRS Notice 2001-82 and IRS Notice 88-129, the Interconnection Customer represents and covenants that (i) ownership of the electricity generated at the Large Generating Facility will pass to another party prior to the transmission of the electricity on the CAISO Controlled Grid, (ii) for income tax purposes, the amount of any payments and the cost of any property transferred to the Participating TO for the Participating TO's Interconnection Facilities will be capitalized by the Interconnection Customer as an intangible asset and recovered using the straight-line method over a useful life of twenty (20) years, and (iii) any portion of the Participating TO's Interconnection Facilities that is a “dual-use intertie,” within the meaning of IRS Notice 88-129, is reasonably expected to carry only a de minimis amount of electricity in the direction of the Large Generating Facility. For this purpose, “de minimis amount” means no more than 5 percent of the total power flows in both directions, calculated in accordance with the “5 percent test” set forth in IRS Notice 88- 129. This is not intended to be an exclusive list of the relevant conditions that must be met to conform to IRS requirements for non-taxable treatment. At the Participating TO’s request, the Interconnection Customer shall provide the Participating TO with a report from an independent engineer confirming its representation in clause (iii), above. The Participating TO represents and covenants that the cost of the Participating TO's Interconnection Facilities paid for by the Interconnection Customer without the possibility of refund or credit will have no net effect on the base upon which rates are determined.

  • Other Agreements and Covenants 10.1 CMI will not market, sell, service, distribute or train for any product that is competitive with the Products except for CMI's own breath alcohol testing products.

  • Further Representations, Warrants and Covenants Buyer hereby represents warrants, covenants and agrees as follows:

  • Representations and Covenants of the Company The Company makes the following representations and covenants in order to induce the Agency to proceed with the Project:

  • Warranties and Covenants In addition to the representations, warranties and covenants contained in this Agreement, the Seller hereby represents, warrants and covenants to the Issuer as follows on the Closing Date:

  • Additional Agreements and Covenants The parties further agree and covenant as follows:

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