Third party stipulations Sample Clauses

Third party stipulations. This Agreement does not grant any rights to any third party (derdenbedingen), including for the avoidance of doubt any insurer.
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Third party stipulations. Except as expressly stated in this Agreement, the terms of this Agreement may be enforced only by a Party to this Agreement or a Party’s permitted assigns or successors and this Agreement does not contain any third party stipulations (derdenbedingen).
Sample 1
Third party stipulations. A third party stipulation (`derdenbeding´) expressly identified as such in this Agreement, shall be for the benefit of and enforceable by the relevant third parties, provided that the Parties exclude the applicability of articles 6:254, 6:255 and 6:256 of the Netherlands Civil Code. A third party stipulation expressly contained in this Agreement shall only be available to the third party after written acceptance thereof, delivered to the Party that has given the third party stipulation, which acceptance shall also be required to expressly state acceptance of the application of the relevant provisions of this Agreement (including the provisions of Clauses 9, 10, 15.15 and 15.16) to the third party stipulation. No Party that has given a third party stipulation herein will revoke such stipulation.
Sample 1
Third party stipulations. This Agreement is entered into by the Parties as irrevocable third party stipulations for no consideration (derdenbeding om niet) within the meaning of section 6:253(4) of the Dutch Civil Code for the benefit of all present and future Finance Parties and each Finance Party (whether or not a party hereto) may enforce this Agreement against the Parties as if that Finance Party is an original Party.
Sample 1
Third party stipulations. A third party stipulation (`derdenbeding´) expressly identified as such in this Agreement, shall be for the benefit of and enforceable by the relevant third parties, provided that the Parties exclude the applicability of articles 6:254, 6:255 and 6:256 of the Netherlands Civil Code. A third party stipulation expressly contained in this Agreement shall only be available to the third party after written acceptance thereof, delivered to the Party that has given the third party stipulation, which acceptance shall also be required to expressly state acceptance of the application of the relevant provisions of this Agreement (including the provisions of Clauses 9, 10, 15.15 and 15.16) to the third party stipulation. No Party that has given a third party stipulation herein will revoke such stipulation.
Sample 1

Related to Third party stipulations

  • Third Party Licenses If (a) in the opinion of outside patent counsel to Licensee, Licensee, or any of its Affiliates or Sublicensees, cannot Exploit a Licensed Product in a country in the Territory without infringing one or more Patents that have issued to a Third Party in such country, or (b) as a result of any claim made against a Party, or any of its Affiliates or Sublicensees, alleging that the Exploitation of a Licensed Product infringes or misappropriates any Patent or any other intellectual property right of a Third Party in a country in the Territory, a judgment is entered by a court of competent jurisdiction from which no appeal is taken within the time permitted for appeal, such that Licensee cannot Exploit such Licensed Product in such country without infringing the Patent or other proprietary rights of such Third Party, then, in either case, Licensee shall have the first right, but not the obligation to negotiate and to obtain a license from such Third Party as necessary for the Exploitation of any Licensed Product hereunder in such country; provided, however, that NovaDel shall have the sole right to seek any such license with respect to the Licensed Process and shall use commercially reasonable efforts to obtain such a license in its own name from such Third Party in such country, under which NovaDel shall, to the extent permissible under such license, grant a sublicense to Licensee as necessary for Licensee, and any of its Affiliates and Sublicensees, to Exploit the Licensed Product as provided hereunder in such country. Licensee shall be solely responsible for one hundred percent (100%) of all royalty and other obligations with respect to the Exploitation of the Licensed Product; provided, however, that Licensee shall have the right to credit fifty percent (50%) any royalties paid by Licensee, its Affiliates or Sublicensees under such license with respect to such country against the royalty payments to be paid by Licensee to NovaDel with respect to the sale of the Licensed Product(s) under Section 4.1; provided, however, that no royalty payment when due, regardless of the amount or number of credits available to Licensee in accordance with this Agreement, shall be reduced by more than fifty percent (50%) of the amounts otherwise owed pursuant to Section 4.1 in any calendar quarter. Credits not exhausted in any calendar quarter may be carried into future calendar quarters.

  • Third Party IP A. To the extent that any Third Party IP is included or incorporated in the Work Product by Grantee, Grantee hereby grants to System Agency, or shall obtain from the applicable third party for System Agency’s benefit, the irrevocable, perpetual, non-exclusive, worldwide, royalty-free right and license, for System Agency’s internal business or governmental purposes only, to use, reproduce, display, perform, distribute copies of, and prepare derivative works based upon such Third Party IP and any derivative works thereof embodied in or delivered to System Agency in conjunction with the Work Product, and to authorize others to do any or all of the foregoing. B. Grantee shall obtain System Agency’s advance written approval prior to incorporating any Third Party IP into the Work Product, and Grantee shall notify System Agency on delivery of the Work Product if such materials include any Third Party IP. C. Grantee shall provide System Agency all supporting documentation demonstrating Grantee’s compliance with this Section 6.3, including without limitation documentation indicating a third party’s written approval for Grantee to use any Third Party IP that may be incorporated in the Work Product.

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