Manufacturer's Right to Retrieve Leased Proprietary Equipment Prior to Sale Sample Clauses

Manufacturer's Right to Retrieve Leased Proprietary Equipment Prior to Sale. In the event that, during or after the term of the Lease provided in Section 4.2 of this Agreement, the Operator wishes to divest itself of the TCS-1 System, pursuant to the discontinuance of its business, or otherwise, the Operator will give to the Manufacturer written notice to that effect and the Manufacturer shall have all rights of entry and removal provided above in Paragraphs 12.4.4 and 12.4.5 of this Agreement, provided however that in addition to such rights, if such event shall occur during the term of the said Lease, the Manufacturer shall also have the rights provided to it in Paragraph 12.4.7 of this Agreement.
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Related to Manufacturer's Right to Retrieve Leased Proprietary Equipment Prior to Sale

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  • Confidentiality Intellectual Property The Executive agrees that during the Executive’s employment with the Company, whether or not under this Agreement, and at all times thereafter:

  • Grant of License to Use Intellectual Property For the purpose of enabling the Collateral Agent to exercise rights and remedies under this Article at such time as the Collateral Agent shall be lawfully entitled to exercise such rights and remedies, each Grantor hereby grants to the Collateral Agent an irrevocable, non-exclusive license (exercisable without payment of royalty or other compensation to the Grantors) to use, license or sub-license any of the Collateral consisting of Intellectual Property now owned or hereafter acquired by such Grantor, and wherever the same may be located, and including in such license reasonable access to all media in which any of the licensed items may be recorded or stored and to all computer software and programs used for the compilation or printout thereof. The use of such license by the Collateral Agent shall be exercised, at the option of the Collateral Agent, upon the occurrence and during the continuation of an Event of Default; provided that any license, sub-license or other transaction entered into by the Collateral Agent in accordance herewith shall be binding upon the Grantors notwithstanding any subsequent cure of an Event of Default.

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