Valuable Rights Sample Clauses
The 'Valuable Rights' clause defines and identifies specific rights or benefits that are considered significant within the context of the agreement. This clause typically outlines which rights—such as intellectual property, licenses, or exclusive access—are being granted, retained, or transferred between the parties. For example, it may specify that a party retains ownership of certain patents or that the right to use proprietary technology is being licensed for a set period. Its core practical function is to clearly delineate which rights are of particular importance, thereby preventing misunderstandings and ensuring that both parties are aware of the key entitlements and obligations being exchanged or protected.
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Valuable Rights. The Company acknowledges, and the parties hereto agree, that the right of each holder to maintain its investment in the Notes free from repayment by the Company (except as herein specifically provided for) is a valuable right and that the provision for payment of a Make-Whole Amount by the Company in the event that the Notes are prepaid or are accelerated as a result of an Event of Default, is intended to provide compensation for the deprivation of such right under such circumstances.
Valuable Rights a) The Trade Marks constitute valuable intellectual property held by GBCA and are protected by law. The Applicant acknowledges and agrees that any unauthorised use of the Trade Marks constitutes both infringement of GBCA’s intellectual property and a breach of this Agreement.
b) All rights not expressly granted under this Agreement are reserved by GBCA, and no licence is granted for the use of the Trade Marks for any purpose beyond the uses set forth in this clause or use of any other intellectual property of GBCA. The Applicant acknowledges and affirms GBCA’s ownership of the Trade Marks and their validity and enforceability, and will not engage in or support any action, claim or challenge that is inconsistent with this clause. All use of the Trade Marks and the goodwill associated with them shall inure to the sole benefit of GBCA.
c) The Applicant acknowledges that the Trade Marks and the associated goodwill possess special, unique and extraordinary characteristics, which make difficult the assessment of monetary damages that GBCA would sustain as a result of unauthorised use of the Trade Marks. The Applicant recognises that GBCA would suffer irreparable injury by such unauthorised use and agrees that injunctive and other equitable relief is appropriate in the event of a breach by the Applicant of any of the terms of this clause. Such remedy shall not be exclusive of any other remedies available to GBCA, nor shall it be deemed an election of remedies by GBCA.
Valuable Rights. (a) The Trade Marks constitute valuable intellectual property held by the NZGBC and are protected by Law. The Applicant acknowledges and agrees that any unauthorised use of the Trade Marks constitutes both infringement of the NZGBC’s intellectual property and a breach of this Agreement.
(b) All rights not expressly granted under this Agreement are reserved by the NZGBC, and no sublicence is granted for the use of the Trade Marks for any purpose beyond the uses set forth in this clause or use of any other intellectual property of the NZGBC. The Applicant acknowledges and affirms the NZGBC’s ownership of the Trade Marks and their validity and enforceability, and will not engage in or support any action, claim or challenge that is inconsistent with this clause. All use of the Trade Marks and the goodwill associated with them shall inure to the sole benefit of the NZGBC.
(c) The Applicant acknowledges that the Trade Marks and the associated goodwill possess special, unique and extraordinary characteristics, which make difficult the assessment of monetary damages that the NZGBC would sustain as a result of unauthorised use of the Trade Marks. The Applicant recognises that the NZGBC would suffer irreparable injury by such unauthorised use and agrees that injunctive and other equitable relief is appropriate in the event of a breach by the Applicant of any of the terms of this clause. Such remedy shall not be exclusive of any other remedies available to the NZGBC, nor shall it be deemed an election of remedies by the NZGBC.
Valuable Rights. 27 5.9 Delivery of Subordinated Notes in Payment of Warrant Purchase Price........................... 28
Valuable Rights. The Issuers acknowledge, and the parties hereto agree, that the right of each holder to maintain its investment in the Notes free from repayment by the Issuers (except as herein specifically provided for) is a valuable right and that the provision for payment of a Prepayment Fee by the Issuers in the event that any Notes are prepaid or are accelerated as a result of an Event of Default is intended to provide compensation for the deprivation of such right under such circumstances.