Licensor’s Use Sample Clauses
The "Licensor’s Use" clause defines the rights retained by the licensor to use the licensed intellectual property, even after granting certain rights to the licensee. Typically, this clause clarifies whether the licensor can continue to use, develop, or sublicense the intellectual property for their own purposes or for third parties. For example, it may specify that the licensor can use the technology in non-competing fields or for internal research. The core function of this clause is to ensure that the licensor does not lose all control or benefit from their intellectual property, balancing the interests of both parties and preventing unintended restrictions on the licensor’s ongoing business activities.
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Licensor’s Use. Nothing in this Agreement shall preclude Licensor, its affiliates, or any of its respective successors or assigns from using or permitting other entities to use the Licensed Name whether or not such entity directly or indirectly competes or conflicts with the Licensee’s business in any manner.
Licensor’s Use. Nothing in this Agreement shall preclude Licensor or any of its successors or assigns from using or permitting other entities to use the Licensed Mark, whether or not such entity directly or indirectly competes or conflicts with the Company’s business in any manner.
Licensor’s Use. Nothing in this Agreement shall preclude Licensor, its Affiliates or any of their respective successors or assigns from using or permitting other Persons to use the Licensed Marks, outside the Territory, in any manner, whether or not such entity directly or indirectly competes or conflicts with Licensee, subject to the provisions of Section 4.1 (Non-Competition) of the Shareholders Agreement and Section 2.1(c) hereof.
Licensor’s Use. Nothing in this Agreement shall preclude Licensor, its affiliates, or any of their respective successors or assigns from using or permitting other entities to use the Licensed Mark whether or not such entity directly or indirectly competes or conflicts with the Fund’s business in any manner.
Licensor’s Use. 10.1 The Licensor is not prevented from (i) any exploitation and use whatsoever of the Patents in connection with any research, development and educational activity irrespective of field or area, and from (ii) granting Third Parties the same right to non-exclusive exploitation and use of the Patents.
Licensor’s Use. Nothing in this Agreement shall preclude Licensor, its affiliates or any of their respective successors or assigns from using or permitting other entities to use the Licensed ▇▇▇▇, except Licensor is prohibited from using or permitting other parties to use the Licensed ▇▇▇▇ with respect to any business if the result of such use would result in a breach of Section [ ] of the Pharos Capital Group, LLC Operating Agreement.
Licensor’s Use. Provided that there is not a change in control (as defined herein) with Licensor, nothing in this Agreement shall preclude Licensor, its affiliates, or any of their respective successors or assigns from using or permitting other entities to use the Licensed ▇▇▇▇ whether or not such entity directly or indirectly competes or conflicts with the Company’s respective business in any manner. For the purposes of this Section 1.2, a “change in control” shall mean the occurrence of any transaction or other event which results in a majority of the voting interests of Licensor being held or controlled by persons other than the members of Licensor as of the Effective Date. Upon a change in control, the Company’s license shall become exclusive for use in connection with the activities in which the Company is engaged immediately prior to the change in control, as described in the Company’s then most recent periodic and current reports filed with the U.S. Securities and Exchange Commission; provided, however, that the exclusive license shall not extend to use of the Licensed ▇▇▇▇ for investment banking or related services.
Licensor’s Use. To allow the premises to be used by the Licensor free of charge when they are not booked for courses by the Licensee.
Licensor’s Use of its electronic database shall be subject to Licensee’s payment of the applicable fee as set forth by Licensor, (ii) the electronic database is proprietary to Licensor, and Licensee shall not have access to the electronic database or any information contained therein, (iii) all incidents of ownership in the electronic database shall remain vested in Licensor, and (iv) Licensor shall have exclusive control over the use of the electronic database, the dissemination of the e- mail advertisements and the content of the e-mail advertisements; provided, however, that Licensor shall consult with Licensee regarding such content.
Licensor’s Use. Licensee shall permit Licensor to use its Systems to provide Services to its own end users ("Licensor End Users") where efficient networking would be promoted by such use by Licensor End Users. In exchange therefor, Licensor shall pay Licensee a fee of $1.25 per month per Licensor End User that is homed on Licensee's Systems. Such fee shall be payable monthly upon invoice by Licensee to Licensor therefor, and shall be payable within thirty (30) days following receipt of the applicable invoice.