Option License Sample Clauses

Option License. Upon exercise of the Option by Intel as described in Section 3.5 above and subject to the terms of this Agreement, Intellon agrees to grant and hereby does grant to Intel a non-exclusive, non-transferable (except pursuant to Section 12.11), perpetual, worldwide, fully paid, royalty-free (or royalty-bearing, depending upon the circumstances described in Section 4.2 below) license, without the right to sublicense (but with have made rights as described and conditioned in Sections 4.1.2 and 4.4.1, respectively, below), under Intellectual Property rights in the Intellon HomePlug AV Design or portions thereof which Intellon owns or has authority to grant licenses of the scope set forth herein, to: 4.1.1 use, copy and create derivative works of (the “Intel Derivative Works”) the Intellon HomePlug AV Design for internal use purposes; 4.1.2 use, make, have made (subject to Section 4.4.1 below), sell (directly and indirectly), offer to sell, import, export and otherwise dispose of Intel Licensed Products; and 4.1.3 publicly perform, publicly display and distribute (i) the Intellon HomePlug AV Design, Intel Derivative Works and copies thereof only as embodied in or by Intel Licensed Products; and (ii) product specification or other related documentation or information provided by Intellon to Intel that is approved by Intellon in writing for provision to third parties (with, for purposes of clarification, it being understood between the Parties that (x) Intellon’s provision to Intel of any such applicable documentation along with or followed by written authorization to Intel to exercise the rights in this Section 4.1.3 with regards to such documentation shall be the only authorization needed to be given by Intellon to Intel in connection therewith; and (y) Intel shall not include in its public product documentation any more information concerning the Intellon HomePlug AV Design than Intellon includes in its own public product documentation unless Intellon otherwise agrees in writing), by any means now known or developed in the future.
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Option License. SUBLICENSES
Option License. Subject to Sections 7.3 and 7.5, Silence, for itself and its Affiliates, hereby grants to AZ upon satisfaction of the conditions set forth in the last sentence of Section 6.1 in respect of a particular Selected Target, an exclusive (even as to Silence), royalty-bearing license, with the right to grant sublicenses as provided in Section 7.3, under the Silence Background IP, Silence Research IP, and Silence’s interest in the Joint Research IP to Exploit the Licensed Compounds and Licensed Products directed to such Selected Target in the Field in the Territory. For clarity, the license set out in this Section 7.1 includes a license to all Licensed Compounds in relation to which activities were performed under the applicable Research Plan, whether or not such Licensed Compounds were shown to meet the Development Candidate Criteria.
Option License. With respect to each [ * ] as to which ImmunoGen notifies Millennium that an [ * ] is available in accordance with [ * ] of this Agreement (each, a "[ * ]"), ImmunoGen hereby grants to Millennium (a) a [ * ], with (i) an [ * ] and an (ii) [ * ], and (b) [ * ], during the term of the [ * ], to obtain an [ * ] in connection with the Millennium [ * ]. The [ * ] set forth in [ * ] of this [ * ] shall include the right to [ * ] of Millennium, [ * ] of [ * ] of Millennium, and [ * ] with respect to [ * ] Millennium [ * ] with the Millennium [ * ]. For purposes of clarity, the [ * ] set forth in this [ * ] shall include the right to access [ * ] in accordance with [ * ] hereof for the purpose of [ * ].
Option License. Upon exercise of the Option by Intel as described in Section 3.5 above and subject to the terms of this Agreement, Intellon agrees to grant and hereby does grant to Intel a non-exclusive, non-transferable (except pursuant to Section 12.11), perpetual, worldwide, fully paid, [****] license, without the right to sublicense (but with have made rights as described and conditioned in Sections 4.1.2 and 4.4.1, respectively, below), under Intellectual Property rights in the Intellon HomePlug AV Design or portions thereof which Intellon owns or has authority to grant licenses of the scope set forth herein, to: 4.1.1 [****]. 4.1.2 [****]. 4.1.3 [****].
Option License 

Related to Option License

  • Documentation License Subject to the terms of this Agreement, Flock hereby grants to Agency a non- exclusive, non-transferable right and license to use the Documentation during the Term in connection with its use of the Services as contemplated herein, and under Section 2.5 below.

  • License IO, which owns certain intellectual property rights to the name “Masterworks” hereby grants the Company effective upon the commencement of the Offering, a non-exclusive, royalty free license to use the name “Masterworks”. Other than with respect to this license, the Company will have no legal right to use the “Masterworks” name. In the event that the Administrator ceases to administer the Company’s operations, the Company will be required to change its name to eliminate the use of “Masterworks”.

  • Software License The SOFTWARE is protected by copyright laws and international copyright treaties, as well as other intellectual property laws and treaties. The SOFTWARE is licensed, not sold.

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