Most Favoured Status Sample Clauses

Most Favoured Status. In the event that CI Plus LLP enters into a CI Plus Device Interim License Agreement (the “CI Plus Device Interim Agreement”) with another manufacturer of Licensed Products and/or Licensed Components, and such other agreement has terms that are materially different from and more favourable to such other manufacturer than the terms in this Agreement are to Licensee, then Licensee shall have the option of amending this Agreement to reflect such material modification, provided, however, that if such other CI Plus Device Interim License Agreement contains other material modifications from the terms of this Agreement, Licensee also agrees to be bound by such other modifications. CI Plus LLP shall post to the URL (with redaction of company-specific information) the most recent CI Plus Device Interim License Agreement entered into by CI Plus LLP that will be subject to most favoured status treatment under this Section 16.17.
Sample 1Sample 2Sample 3See All (7)
AutoNDA by SimpleDocs
Most Favoured Status. In the event that CI Plus TA enters into a Content Distributor Agreement (“Other Content Distributor Agreement”) with another Operator or Content Provider, and such other agreement has terms that are materially different from and more favourable to such other manufacturer than the terms in this Agreement are to Content Distributor, then Content Distributor shall have the option of amending this Agreement to reflect such material modification, provided, however, that if such Other Content Distributor Agreement contains other material modifications from the terms of this Agreement, Content Distributor also agrees to be bound by such other modifications. CI Plus TA shall post to the URL (with redaction of company-specific information) the most recent Other Content Distributor Agreement entered into by CI Plus TA that will be subject to most favoured status treatment under this Section 16.17.
Sample 1Sample 2Sample 3See All (7)
Most Favoured Status. LICENSORS undertake to allow LICENSEE the same conditions as those in license agreements with other licensees of the Licensed Patent Rights with respect to lower royalty obligations than three (3) percent in combination with zero milestone payments. For the avoidance of doubts, this favoured status clause does not apply if LICENSORS provide such other licensees with lower royalty obligations in combination with reasonable milestone payments.
Sample 1

Related to Most Favoured Status

  • Entity Status The Parent and each of the other Credit Parties (i) is a Person duly organized, constituted and validly existing (or the functional equivalent) under the laws of the jurisdiction of its formation, has the capacity to sue and be sued in its own name and the power to own and charge its assets and carry on its business as it is now being conducted and (ii) is duly qualified and is authorized to do business and is in good standing (or the functional equivalent) in each jurisdiction where the ownership, leasing or operation of its property or the conduct of its business requires such qualifications except for failures to be so qualified or authorized or in good standing which, either individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

  • Company Status The Company is a corporation duly formed and validly existing under the general laws of the State of Maryland, with all requisite power and authority to enter into this Agreement and to carry out its obligations hereunder.

  • Tax Free Status No party shall, nor shall any party permit any --------------- of its subsidiaries to, or within the exercise of its reasonable best efforts its joint ventures to, take any actions which would, or would be reasonably likely to, adversely affect the status of the Mergers as a tax-free transaction (except as to any cash received) under Section 368(a) of the Code, and each party hereto shall use all reasonable efforts to achieve such result.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!