Common use of Licenses; Other Agreements Clause in Contracts

Licenses; Other Agreements. Neither the Company nor ITC -------------------------- China has granted, and there are not outstanding, any options, licenses or agreements of any kind relating to any Proprietary Asset of the Company or ITC China, nor is the Company or ITC China bound by or a party to any option, license or agreement of any kind with respect to any of their respective Proprietary Assets. Neither the Company nor ITC China is obligated to pay any royalties or other payments to third parties with respect to the marketing, sale, distribution, manufacture, license or use of any Proprietary Asset or any other property or rights.

Appears in 3 contracts

Samples: Series D Preferred Stock Purchase Agreement (Sohu Com Inc), Series C Preferred Stock Purchase Agreement (Sohu Com Inc), Series B Preferred Stock Purchase Agreement (Sohu Com Inc)

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Licenses; Other Agreements. Neither the Company nor ITC -------------------------- ------------------------- China has granted, and there are not outstanding, any options, licenses or agreements of any kind relating to any Proprietary Asset of the Company or ITC China, nor is the Company or ITC China bound by or a party to any option, license or agreement of any kind with respect to any of their respective Proprietary Assets. Neither the Company nor ITC China is obligated to pay any royalties or other payments to third parties with respect to the marketing, sale, distribution, manufacture, license or use of any Proprietary Asset or any other property or rights.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Sohu Com Inc)

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