License Covenants Sample Clauses
The License Covenants clause sets out the obligations and promises made by the licensor and licensee regarding the use of licensed intellectual property. Typically, this clause outlines the permitted scope of use, any restrictions or conditions, and the responsibilities each party must uphold, such as maintaining confidentiality or not sublicensing without consent. By clearly defining these mutual commitments, the clause helps prevent misuse of the licensed material and reduces the risk of disputes over rights and obligations.
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License Covenants. Sub-Licensee acknowledges that IHCL is the owner of all rights in the Marks, and, except as otherwise expressly permitted by this Sublicense Agreement, Sub-Licensee shall not at any time do or suffer to be done any act or thing that will in any way impair the rights of IHCL or Licensor in and to the Marks. Nothing in this Sublicense Agreement grants, nor shall Sub-Licensee acquire hereby, any right, title or interest in or to the Marks or any goodwill associated with the Marks, other than those rights expressly granted hereunder. Unless otherwise approved in writing by IHCL, Sub-Licensee shall affix to all materials that contain or bear one or more of the Marks the following notice: “INVESCO and the New Mountain Design are service marks of Invesco Holding Company Limited, used under license.”
License Covenants. 11 7.1 Grant of Exclusive License. . . . . . . . . . . . . . . . . . . . . . . 11 7.2 Limitations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 7.3 Covenant Not to ▇▇▇ . . . . . . . . . . . . . . . . . . . . . . . . . . 13
License Covenants. 16 7.1 Grant of Exclusive License.....................................16 7.2 Limitations....................................................16
License Covenants. 11 7.1 Grant of Exclusive License............................................................................. 11 7.2 Limitations............................................................................................ 13 7.3 Covenant Not to ▇▇▇.................................................................................... 13
License Covenants. Allergan covenants that, for the longer of the term of the License Agreement or the Term of the Agreement plus [ ] neither Allergan, nor any of its Affiliates, shall develop or commercialize any Active Compounds or any Derivative Compound thereof for use in the [ ] except pursuant to the terms of this Agreement and the License Agreement. Allergan further covenants that, for the Term of the Agreement plus [ ] neither Allergan, nor any of its Affiliates, shall prepare any derivatives, analogs or other chemical modifications of the Active Compounds in the SUGEN Library except as permitted under the terms of this Agreement, but excluding any compounds (i) owned by Allergan as of the Effective Date, (ii) in the public domain or known to Allergan prior to disclosure of such Active Compound by SUGEN to Allergan, or (iii) independently developed by Allergan without use of any SUGEN Technology, as demonstrated by Allergan's written documents. Allergan covenants that in any sublicense agreement entered into by Allergan or its Affiliate that grants rights under the rights granted by SUGEN in the License Agreement, Allergan shall impose on such sublicensee the same restrictions as are imposed on Allergan and its Affiliates in this Section 5.5.
License Covenants