Patent Licenses Clause Samples
A Patent Licenses clause defines the terms under which one party is permitted to use, make, sell, or otherwise exploit patented technology owned by another party. Typically, this clause specifies the scope of the license (such as exclusive or non-exclusive), any limitations or restrictions, and the duration and territory in which the license applies. For example, it may allow a manufacturer to produce goods using a patented process in exchange for royalty payments. The core function of this clause is to clearly allocate rights to patented inventions, thereby reducing the risk of infringement disputes and ensuring both parties understand their rights and obligations regarding the use of patented technology.
Patent Licenses. Grantor Description of Patent License Patent Number of underlying Patent Name of Licensor
Patent Licenses. (a) Effective as of the Closing and subject to the terms of the Existing Licenses, Seller, on behalf of itself and its Affiliates, hereby grants to Purchaser and its Affiliates an exclusive (except pursuant to, and in accordance with, the Existing Licenses), perpetual, irrevocable, fully paid and royalty-free sublicenseable right and license to Exploit the patents and patent applications listed on Schedule 6.12(a) (including all reissues, divisions, continuations, continuations-in-part and extensions thereof) solely in the Triage Field.
(b) Effective as of the Closing, Purchaser, on behalf of itself and its Affiliates, hereby grants to Seller, ▇▇▇▇▇▇ and their respective Affiliates an exclusive, perpetual, irrevocable, fully paid and royalty-free sublicenseable right and license to Exploit the Specified Patents solely in the Retained Field.
Patent Licenses. (a) Upon payment of the applicable fees as set forth in Appendix B3 and subject to the provisions of this Agreement, Lucent hereby grants to Company during the License Term, a personal, non-transferable (except as permitted in Section 5.08) and non-exclusive license (without any right to sublicense) under (a) patents and/or patent applications listed in Appendix C, (b) patents on sole inventions (as defined in Section 2.03(a) owned by Lucent, to (i) perform the Development Project during the Development Period, and (ii) to make, have made, use, lease, sell, offer to sell and import Licensed Product.
(b) Upon payment of the applicable fees as set forth in Appendix B3 and subject to the provisions of this Agreement, Company hereby grants to Lucent during the License Term, a personal, non-transferable (except as permitted in mPhase Technologies, Inc. DEVELOPMENT AGREEMENT
Patent Licenses. Patent Licenses, whether now owned or hereafter acquired, or in which the Debtor now has or hereafter acquires any rights (the term “Patent Licenses” means and includes any written agreement granting to any person any right to exploit, use or practice any invention on which a Patent is owned by another person), including without limitation each Patent License listed on Schedule A-2 hereto, and all royalties and other sums due or to become due under or in respect of the Debtor’s Patent Licenses, together with the right to ▇▇▇ for and collect all such royalties and other sums;
Patent Licenses. Settlement and License Agreement, dated as of October 26, 2006, by and between Charles E. Hill & Associates, Inc., as licensor, and Coldwater Creek Inc., as licensee (“Licensee”), pursuant to which Licensee has a non-exclusive right and paid up license to practice the Hills Patent (as defined therein).
Patent Licenses. Licensor Licensee Patent Number(s) Date Registration No. Country Issue Date ▇▇▇▇ Serial No. Country Filing Date ▇▇▇▇
Patent Licenses. The Grantor shall comply with its obligations under each of its Patent License Agreements.
Patent Licenses. Corresponding Date License Termination Patent No. Granted Licensee Date ---------------- --------------- ---------- -------------
Patent Licenses. 7.01 Seller hereby grants to Buyer a personal, fully paid-up, royalty free, worldwide, non-transferable (except as provided in Article XIII), irrevocable, non-terminable and nonexclusive license under the Seller Licensed Patents to make (have made), use, sell, offer for sale, lease, and import products and to provide services in connection with the making, having made, using, selling, offer to sell, leasing and importing of Semiconductive Devices. Notwithstanding any other provision, the patent licenses granted herein to Buyer for Semiconductive Devices sold by Buyer do not include any patent license for the making (having made), using, selling, offering for sale, leasing, or importing of Foundry Devices.
7.02 Without limiting Seller’s obligations under the Non-Compete set forth in the Purchase Agreement or with respect to Restricted FPGA/FPSC Products, Buyer hereby grants to Seller a personal, fully paid-up, royalty free, worldwide, non-transferable (except as provided in Article XIII), irrevocable, non-terminable and nonexclusive license under the Buyer Licensed Patents to make (have made), use, sell, offer for sale, lease, and import Semiconductive Devices and to provide services in connection with the making, having made, using, selling, offer to sell, leasing and importing of Semiconductive Devices except that such license may not be exercised with respect to, and such license does not extend to (i) a Competing Use and (ii) for a period of three (3) years, the making (having made), using, leasing, offering for sale, selling or importing of Restricted FPGA/FPSC Products. Notwithstanding any other provision, the patent licenses granted herein to Seller for Semiconductive Devices sold by Seller do not include any patent license for the making (having made), using, selling, offering for sale, leasing, or importing of Foundry Devices.
7.03 The Patent licenses granted hereunder to Buyer Licensed Patents, Seller Licensed Patents and Assigned Patents shall extend until the Patent’s expiration or the expiration of as much of such term as grantor has the right to grant.
7.04 A Party’s failure to meet any obligation hereunder, due to assignment of title to any invention or patent, or the granting of any licenses, to the United States Government or any agency or designee thereof pursuant to a statute, regulation of such Government or agency shall not constitute a breach of this Agreement.
7.05 Seller grants to Buyer and the divested FPGA/FPSC Business a sublicens...
Patent Licenses. Pursuant to an Agreement, dated as of March 26, 2001 (the “License Agreement”), between Honeywell Intellectual Properties Inc., Honeywell International Inc. (as Licensor) and TransDigm Inc. (as Licensee), Licensor granted to Licensee a license relating to those patents and applications for patents in the world, subject to any export controls that may be imposed by the government of the United States, which cover Licensed Products (as defined in the License Agreement) and/or Support (as defined in the License Agreement) and which were at the time of the License Agreement or thereafter owned by Licensor; any and all continuation, continuation-in-part, divisional, reissue, renewal and extension, and other patents and patent applications, and reexamination certificates, that claim in whole or in part the benefit of the filing date of any of the foregoing; and any and all counterpart foreign patents and patent applications of any of the foregoing.
