Negotiation of Licenses Sample Clauses

Negotiation of Licenses. No rights or licenses, expressed or implied, are granted under this Agreement to the Recipient to any intellectual property rights of SLATE (including, without limitation, any patents, copyrights or trade secrets) as a result of or related to this Agreement.
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Negotiation of Licenses. If Licensor and Licensee should agree (or, failing agreement, should an independent patent counsel appointed jointly by the parties advise) that a patent owned by or licensed to a third party would be infringed by the use of the Licensed Technology other than with respect to any modification, Improvement or Enhancement requested by Licensee in order to meet the Functional Requirements or otherwise or any Licensed Technology relating to FOURS, then Licensor will use commercially reasonable efforts to obtain at its expense a license under such patent from the owner or licensee thereof which would enable Licensee to continue to use such Licensed Technology; provided that if the infringement relates to any modification, Improvement or Enhancement requested by Licensee in order to meet the Functional Requirements or otherwise, or relates to FOURS, then Licensee will use commercially reasonable efforts to obtain at its expense a license under such patent from the owner or licensee thereof which would enable Licensee to continue to use the Licensed Technology. Should Licensor not obtain such license for Licensee, Licensee may directly negotiate and obtain such license from the third party. Upon obtaining such license, provided that such license has been negotiated by Licensee in good faith and on an arms length basis, Licensee shall credit in full any royalty paid to the third party for such license against any amount Licensee would otherwise owe Licensor pursuant to this Agreement; provided that the credit against the amount owed to Licensor pursuant to this Agreement shall in no event exceed 33 1/3% of the Fees payable to Licensor hereunder for any period during which Fees are payable hereunder.
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Negotiation of Licenses. 6.5.1 Seller and Buyer will negotiate in good faith for the period of 90 days following the Closing Date (the “License Negotiation Period”) to enter into a license agreement under which the Company would grant to Seller a worldwide, non-exclusive license (with right to sublicense only to Seller’s Affiliates without the Company’s consent) to make, have made, use, offer for sale, sell and import throughout the world cells proprietary to Seller which are modified by the use of or incorporation of the [***], [***] and/or [***] genes covered by any Patent owned by the Company as of the Execution Date. 6.5.2 If Buyer and Seller are unable to agree on the terms of the license described in Section 6.5.1 within the License Negotiation Period, the Buyer hereby agrees to cause the Company to grant to Seller the right to obtain a license on substantially equivalent terms to any license to any non-exclusive rights to the [***], [***] and/or [***] genes that the Company grants after the Closing Date to any third party having a market capitalization in excess of $5,000,000,000 at the time such license is granted, or in the case of a privately-held company, a valuation of its total outstanding equity securities based on its most recently completed arms-length equity financing or an independent valuation of its equity pursuant to Rule 409A under the Code, in excess of $5,000,000,000 at the time such license is granted. The Buyer shall, within 30 days after entering into such a license with such a third party, give written notice thereof to the Seller along with the form of proposed license to be granted to Seller and Buyer’s certification that such proposed license is on substantially equivalent terms to a license granted to a qualifying third party under this Section 6.5.
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Negotiation of Licenses. No rights or licenses, expressed or implied, are granted under this Agreement to the Recipient to any intellectual property rights of the REIT (including, without limitation, any patents, copyrights or trade secrets) as a result of or related to this Agreement.
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Negotiation of Licenses. No rights or licenses, expressed or implied, are hereby granted to Receiver under any patents, copyrights or trade secrets of Presenter as a result of or related to this Agreement.
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Related to Negotiation of Licenses

  • Xxxxx of License Georgia Institute of Technology shall grant the Student a limited, nonexclusive, nontransferable and revocable license to use and occupy an assigned space in a Georgia Institute of Technology facility in accordance with the terms and conditions of this Contract (the “License”). The parties to this Contract do not intend that an estate, a tenancy, or any other interest in property should pass from Georgia Institute of Technology to Student. Instead, it is the intention of the parties that the relationship between Georgia Institute of Technology and Student be that of licensor and licensee and the sole right of Student to use the assigned space as a living unit shall be based upon the License granted in this Contract.

  • Revocation of License To the extent the Respondent engages in similar activity that was the basis for this Agreement, Respondent affirmatively consents to the immediate revocation of any impacted mortgage loan originator license. Respondent further agrees to waive his or her right to a hearing, and to any reconsideration, appeal, or other rights which may be afforded to contest the revocation of the impacted mortgage loan originator license under this provision.

  • Term of License The license granted to the Engineer by this article shall terminate at the end of the term specified in Article 2 of this contract.