Interim License Sample Clauses

An Interim License clause grants temporary permission to use certain rights, assets, or intellectual property while a final agreement or full license is pending. Typically, this clause allows the licensee to begin operations, access technology, or use materials immediately, subject to specific limitations or conditions until the definitive license is executed. Its core function is to bridge the gap between negotiation and finalization, ensuring business continuity and minimizing operational delays during transitional periods.
Interim License. During the term of this Agreement, Bayer shall have a license to use all Paravax Technology, including all results obtained during the Research Program, and all biological materials created during the Research Program, for purposes of assisting and evaluating the conduct of the Research Program, including designing and conducting the regulatory program referred to in Article 4 hereof, and preparing for and conducting preliminary manufacturing of the Toxoplasmosis Vaccine and for all other purposes which are consistent with the provisions of this Cooperation Agreement.
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Interim License. The Partnership hereby grants to the Company the royalty-bearing (pursuant to the terms of this Agreement), exclusive right and license (with the right to sublicense in accordance with Section 5.03) to make, have made, use, modify and improve the Technology within the Field of Activity in the Territory for the purpose of performing its obligations under this Agreement (the "Interim License"). The foregoing right and license shall include the right to make, have made, use and sell Products but not the right to sell or assign the Interim License. The Interim License will terminate on the Interim License Termination Date.
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Interim License. Subject to the Licensee’s compliance with all of the terms and conditions set forth herein and the H2 APA, the Licensor hereby grants to Licensee a limited, royalty-free, exclusive, and assignable right and license, for the Interim Term, (i) to produce, distribute, sell, and offer for sale hydrogen, hydrogen rich syngas, and byproducts of the process for producing the hydrogen (including biochar) using Licensor’s Hydrogen Production Technology and the Intellectual Property rights listed in Exhibit 1 relating to same, hereinafter individually referred to as the “H2 Licensed Product” and collectively as “H2 Licensed Products”. Item (i) in this Section 3(a) is hereinafter referred to as the “H2 Licensed Purpose”. The Intellectual Property rights relating to the H2 Licensed Purpose, as well as any software (including mobile applications) provided by Licensor to Licensee for the purpose of accessing and using the Intellectual Property rights relating to the Licensed Purpose and the Intellectual Property rights as contemplated under this Agreement, are hereinafter collectively referred to as “H2 Licensed Technology”. This Interim License will become effective on the Effective Date. For purposes of clarity, the Parties hereto agree that once CHyP Engines are sold to any end user, such end user has the right to utilize the CHyP Engines and the Hydrogen Production Technology for the Licensed Purposes in perpetuity notwithstanding the termination of the Interim License.
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Interim License. 3 SECTION 2.06 No Implied License..................................4 SECTION 2.07
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Interim License. (a) Subject to the terms and conditions of this Agreement, the Seller hereby grants to the Buyer during the period between the effective date hereof and the earlier of (a) the Closing or (b) termination of this Agreement pursuant to ARTICLE VIII an exclusive, royalty-free, non-transferable, non-sublicensable license to use the Purchased IP and the other Purchased Assets (the “Interim License”), for the purpose of developing up to ten (10) working prototypes demonstrating the viability of building an inconspicuous, portable, hand-held device that can reliably and in a manner superior to the performance and features of leading market competitors: (i) determine the user’s whereabouts, (ii) determine whether the user is adhering to the condition of the user’s release which prohibits the use of alcohol by notifying the user on a random basis that the user is to blow an alcohol test, (iii) determine whether the user is in fact the correct user, and (iv) record the results and store them for later retrieval by the user’s supervisor (“Proof of Concept”). (b) As between the parties, Seller owns any improvement, enhancement, or other modification of or derivative work based on any of the Purchased IP made by or on behalf of Buyer (each, a “Modification”). Buyer shall immediately notify Seller of any Modification made by or on behalf of Buyer (each, a “Buyer Modification”). Buyer hereby assigns to Seller all of its right, title, and interest in and to all Buyer Modifications, including all rights to apply for any patents or other intellectual property registrations with respect to such Buyer Modifications and all enforcement rights and remedies for past, present, and future infringement thereof and all rights to collect royalties and damages therefor. All patent applications and applications for registration filed by Seller with respect to any such Buyer Modification and all patents or registrations issuing therefrom shall automatically be included in the Purchased IP, subject to the license granted to Buyer under Section 5.01(a), and shall be transferred to Buyer at Closing unless this Agreement is terminated pursuant to ARTICLE VIII. At the request of Seller, ▇▇▇▇▇ shall promptly execute and deliver such documents as may be necessary or desirable to effect and perfect the foregoing assignment of rights.
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Interim License. (i) With effect on and from the Closing Date until each Vendor Tenement is registered in the name of the Purchaser or the Purchaser Nominee (the “Transfer Completion Date”), the Vendor grants to the Purchaser and the Purchaser Nominee an exclusive license (the “Interim License”) and right to conduct exploration on each Vendor Tenements to the extent such activities can be lawfully undertaken. (ii) Pursuant to the Interim License, the Vendor agrees and acknowledges that the Purchaser and the Purchaser Nominee: (A) will have unrestricted access to the Vendor Tenements and may exercise all or any of the rights of the legal and beneficial owner of the Vendor Tenements; and (B) may make all decisions relating to the Vendor Tenements, including but not limited to all exploration, expenditure, operations and activities pertaining to the Vendor Tenements. (iii) Until the Transfer Completion Date, the Vendor must take all reasonable actions and do all such things to provide reasonable assistance to the Purchaser and the Purchaser Nominee to exercise its rights and comply with its obligations under this Section 8.4.
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Interim License. USCN hereby grants to BioTime an interim, non-exclusive, royalty-free license to use the PATENT RIGHTS, LICENSED TECHNOLOGY, and LICENSED MATERIALS solely for internal, non-commercial research for the purpose of evaluating such technology and materials prior to determining whether BioTime wishes to exercise the Option.
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Related to Interim License

  • Business License Prior to commencement of work, Consultant shall obtain a business license from City.

  • Research License Each Collaborator shall allow the other Collaborator to practice any of its Non- Subject Inventions for the purpose of performing the Cooperative Work. No license, express or implied, for commercial application(s) is granted to either Collaborator in Non-Subject Inventions by performing the Cooperative Work. For commercial application(s) of Non-Subject Inventions, a license must be obtained from the owner.

  • Site License We grant you a non-assignable, non-sublicensable, non-exclusive, worldwide right and license to internally use and install the Software on any number of Development Workstations, Machines, Servers or users at a single Site as listed in the Order Form for Commercial purposes.

  • User License We grant you a non-assignable, non-sublicensable, non-exclusive, worldwide right and license to internally use and install the Software for the number of user(s) set forth in the Order Form for Commercial purposes.

  • License IO, which owns certain intellectual property rights to the name “Masterworks” hereby grants the Company effective upon the commencement of the Offering, a non-exclusive, royalty free license to use the name “Masterworks”. Other than with respect to this license, the Company will have no legal right to use the “Masterworks” name. In the event that the Administrator ceases to administer the Company’s operations, the Company will be required to change its name to eliminate the use of “Masterworks”.