No Allowance for Sublicense Grant Sample Clauses

No Allowance for Sublicense Grant. LICENSEE is not entitled to grant any sublicense in the right(s) granted by XXXX XXXXXXX as set forth in Sections 2.1, or to transfer or assign these licensed right(s), to any Third Party. In the case of a sale of LICENSEE wherein at least 50% of the equity interest (or an equivalent interest), partnership interest (or an equivalent interest), or voting interests in LICENSEE are sold to a Third Party, or in case of a merger of LICENSEE with a Third Party, this Agreement is automatically terminated.
Sample 1Sample 2
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No Allowance for Sublicense Grant. LICENSEE is not entitled to grant any sublicense in the right(s) granted by XXXX XXXXXXX according to Sections 2.1, 2.2, 2.3, 2.4, 2.5, 2.6 or 2.7 to transfer or assign these licensed right(s). In case of a sale of LICENSEE, wherein at least 50% of the equity interest (or an equivalent interest), partnership interest (or an equivalent interest), or voting interests in LICENSEE are sold to a Third Party, or in case of a merger of LICENSEE with a Third Party, this Agreement is automatically terminated ("auflösende Bedingung" - resolutory condition). In this case, no remuneration or repayment of the license fees paid by LICENSEE (cf. Article 3) will occur. XXXX XXXXXXX is prepared to negotiate a new license with said Third Party and resulting company, respectively, in good faith.
Sample 1
No Allowance for Sublicense Grant. LICENSEE is not entitled to grant any sublicense in the right(s) granted by XXXX XXXXXXX according to fields defined in this agreement. In case of a sale of LICENSEE, wherein at least 50% of the equity interest (or an equivalent interest), partnership interest (or an equivalent interest), or voting interests in LICENSEE are sold to a Third Party, or in case of a merger of LICENSEE with a Third Party, this Agreement is automatically terminated ("auflösende Bedingung" - resolutory condition). In this case, no remuneration or repayment of the license fees paid by LICENSEE (cf. Article 3) will occur. XXXX XXXXXXX is prepared to negotiate a new license with said Third Party and resulting company, respectively, in good faith.
Sample 1

Related to No Allowance for Sublicense Grant

  • SOFTWARE LICENSE GRANT Where Product is acquired on a licensed basis the following shall constitute the license grant:

  • License Granted Subject to the terms and conditions of this Agreement and in consideration of Licensee’s obligation to pay monetary fees as outlined in Schedule A, such fees which may be adjusted from time to time by mutual written consent of the parties, Licensor hereby grants, and Licensee hereby accepts, a worldwide, non-exclusive, non-transferable, irrevocable, perpetual right and licence, to use the Software and all related documentation for use in sports related mobile apps. Licensor also grants permission to Licensee to make and create customizations, updates or corrections to the Software. The parties agree that Licensor shall continue to own all right, title and interest in and to the Software and all intellectual property rights embodied therein or related thereto including, but not limited to, the source and object codes and any customizations, updates and corrections to the Software. Except as expressly provided herein, no intellectual property rights are granted to Licensee by implication, estoppel, or otherwise. Licensee will safeguard the Software and its related materials with that degree of normal due care commensurate with reasonable standards of industrial security for the protection of trade secrets and proprietary information so that no unauthorized use is made of them and no disclosure of any part of their contents is made to anyone other than Licensee’s employees, agents or consultants whose duties reasonably require such disclosure, or as necessary in the ordinary course of business. Licensee shall make all such persons fully aware of their responsibility to fulfill the obligations of Licensee under this Agreement.

  • License Grants The licenses granted in this Section 2 are subject to the terms and conditions set forth in this XXXX:

  • License Grant If Products include software, firmware or documentation, Supplier grants to DXC a non-exclusive, perpetual, royalty free, worldwide license to use, reproduce, display, prepare derivative works of the documentation and distribute such works, software, firmware or documentation directly or as integrated into DXC products, and to sublicense such rights to third parties. Supplier shall identify all licenses and deliver to DXC all materials required to meet the requirements of any licenses for third party software that is included in the Products. Supplier shall deliver to DXC the source code for any software licensed under a license that has a source availability requirement (such as the GNU General Public License). If the source code is not included with the material that Supplier has previously delivered, Supplier shall deliver within seven (7) days after DXC’s request the source code for any software licensed under an open source license that has a source availability requirement. Supplier grants DXC the right to duplicate and distribute the materials as necessary.

  • Limited Right of Sublicense The right and license granted herein includes a limited right of each party to grant sublicenses to their respective subsidiaries, distributors, dealers, resellers, marketing representatives, and agents (collectively “Permitted Sublicensees”) in advertising and promotional materials for the purpose of marketing the Parties’ relationship to Participating Entities. Any sublicense granted will be subject to the terms and conditions of this Article. Each party will be responsible for any breach of this Article by any of their respective sublicensees.

  • SOFTWARE LICENSE GRANT Where Product is acquired on a licensed basis the following shall constitute the license grant:

  • Sublicense (a) The license granted in Paragraph 2.1 includes the right of LICENSEE to grant Sublicenses to third parties during the Term but only for as long as the license to Patent Rights is exclusive.

  • Restricted Use by Licensee Except as expressly authorized by the terms of license, Licensee shall not:

  • The License 3.1.1 Subject to and in accordance with the terms and conditions set forth in this Agreement, and in particular subject to the due fulfillment of all the obligations assumed towards Maha-Metro by the Licensee, Maha-Metro hereby grants and authorizes the Licensee to the following (the “Specified Purpose”) :

  • License Fees If so provided in the Prospectus, the Depositor may enter into a Licensing Agreement (the "Agreement") with a licensor (the "Licensor") described in the Prospectus in which the Trust(s), as consideration for the licenses granted by the Licensor for the right to use its trademarks and trade names, intellectual property rights or for the use of databases and research owned by the Licensor, will pay a fee set forth in the Agreement to the applicable Licensor or the Depositor to reimburse the Depositor for payment of the expenses. If the Agreement provides for an annual license fee computed in whole or part by reference to the average daily net asset value of the Trust assets, for purpose of calculating the accrual of estimated expenses such annual fee shall accrue at a daily rate and the Trustee is authorized to compute an estimated license fee payment (i) until the Depositor has informed the Trustee that there will be no further deposits of additional Securities, by reference to an estimate of the average daily net asset value of the Trust assets which the Depositor shall provide the Trustee, (ii) thereafter and during the calendar quarter in which the last business day of the period described in clause (i) occurs, by reference to the net asset value of the Trust assets as of such last business day, and (iii) during each subsequent calendar quarter, by reference to the net asset value of the Trust assets as of the last business day of the preceding calendar quarter. The Trustee shall adjust the net asset value (Trust Fund Evaluation) as of the dates specified in the preceding sentence to account for any variation between accrual of estimated license fee and the license fee payable pursuant to the Agreement, but such adjustment shall not affect calculations made prior thereto and no adjustment shall be made in respect thereof.

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