Limitations; Reservations Clause Samples

Limitations; Reservations. (a) The rights and license granted to Licensee in this Agreement shall be limited to designing, fabricating, constructing, assembling, installing and maintaining Nano Reactor Units that (1) are operated and maintained under the terms of Site User Licenses issued by Licensor that grant Site Users the right to use the Licensed Technology in operating and maintaining such Units; (2) are installed at and operated in conjunction with Facilities located within the Licensed Territory; and (3) are operated solely for purposes and using applications and processes within the Field of Vegetable Oil Processing and for no other purpose or in any of field of use. (b) Licensor hereby reserves the right, subject to the right of grant in Section 2.01(b), to practice the Licensed Technology in conducting research and development with respect to (1) Inventions or Improvements, and (2) new or additional devices, processes and applications both within and outside the Field of Vegetable Oil Processing. (c) Notwithstanding anything to the contrary in this Agreement, Licensor reserves and hereby excludes from the license and rights granted to Licensee herein: (1) The right to design, make and manufacture, or have manufactured by other Persons, each of the Licensed Reactors required by Licensee for each Nano Reactor Unit and to supply all such Reactors to Licensee directly or acting on behalf of each Site User; (2) The right to practice the Licensed Technology in any and all fields of use other than the Field of Vegetable Oil Processing, including the right to make, use, assign or sell the Licensed Technology, to engage in research and development, and to license to any Person the right to design, manufacture, construct, install, operate, sell, sublicense, lease or otherwise market the CTI System, or any Nano Reactor Unit or Licensed Reactor, for any purpose, application or process outside the Field of Vegetable Oil Processing and under terms and conditions as Licensor shall determine in its sole discretion.