No Further Sub-License. All references in the License Agreement to sub-licenses and sub-licensees, including any right of sub-licensee to grant further sub-licenses or to permit further sub-licensees are not applicable to this Sub-Licensee Agreement and are as if deleted from the License Agreement.
No Further Sub-License. The Licensee ETF shall not have the power to sublicense to third parties any rights to use the S&P Indices or the S&P Marks;
No Further Sub-License. The Licensee shall have no right to sublicense or otherwise make available the rights granted to the Licensee in Paragraph 2.1 to any third party and such rights shall only be used by the licensee in connection with its operation of the Business which shall be comprised of one website only.
No Further Sub-License. The Master Licensee shall have no night to sub license or otherwise make available the rights granted to it hereunder except in accordance with an executed CM Sub License Agreement. The Master Licensee shall not make any changes to the form of the CM Sub License Agreement which shall, in the sole opinion of Gamingtech, diminish the rights of or increase the liability of Gamingtech or the Master Licensee to any third party. A CM Sub Licensee shall have no right to sub-license or otherwise make available the rights granted to the CM Sub Licensee by the Master Licensee to any third party (related or otherwise) and such rights shall only be used by the CM Sub Licensee in connection with its operation of the Business which shall be comprised of the installation of the Software on one server for each CM Sub Licensee and the maintenance of one data base only and which may include multiple websites with individual URL's which are directed to such single server and single database permitted for each CM Sub Licensee.
