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Approved License definition

Approved License means an Adopter Agreement, Content Participant Agreement, Content Provider Agreement, Reseller Agreement, AACS Online Service Provider Agreement or other license agreement for use of the Specifications and/or AACS Technology, approved by the Licensors.
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Approved License means the grant by a Loan Party or any of its Subsidiaries of any license or sublicense of any Intellectual Property of a Loan Party or any of its Subsidiaries to a third party in furtherance of the Franchise and Licensing Business; provided, that, unless otherwise consented to in writing by the Agent, any such license or sublicense shall not prohibit such Loan Party or Subsidiary from the continued use or other exploitation of such Intellectual Property of the Loan Parties and their Subsidiaries in the ordinary course of business or adversely affect in any material respect the fair value of any Eligible Inventory or the ability of the Agent to dispose of or otherwise realize upon the Collateral (it being understood and agreed that the granting of a license or sublicense on an exclusive basis with respect to any (a) product line, (b) distribution channel or (c) jurisdiction shall not be deemed a violation of the foregoing requirements; provided that, without limiting clause (i)(z) of the definition of Permitted Disposition, if and to the extent such license or sublicense relates to any assets customarily included in the calculation of the Consolidated Global Borrowing Base at the time such license or sublicense is entered into, the Loan Parties have the right to purchase such assets from the applicable licensee or franchisee).
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Examples of Approved License in a sentence

  • For the avoidance of doubt, any non-assertion covenant in this Section 2.6 shall continue to apply to any allegedly infringing actions taken by a party to an Approved License while such Approved License was in force, even after such Approved License expires or is terminated for any reason, unless and until the conditions for defensive suspension of such covenant not to assert are met.

  • The Parties agree that each AACS licensee’s compliance with the terms and conditions of its Approved License is essential to maintain the value and integrity of the AACS Technology and that such compliance is an integral part of the next generation Digital Entertainment Content business, and as such is a matter of concern to all industry participants.

  • For the avoidance of doubt, any non-assertion covenant in this Section 2.4 shall continue to apply to any allegedly infringing actions taken by a party to an Approved License while such Approved License was in force, even after such Approved License expires or is terminated for any reason, unless and until the conditions for defensive suspension of such covenant not to assert are met.

  • Content Participant/Provider may, at its option, have embedded the Consumer Xxxx in conjunction with setting the AACS Flag in AACS Content in Licensed Content Products in conformance with the applicable AACS Approved License and the applicable Audio Watermark license agreement.

  • Notwithstanding the foregoing, AACS LA may confirm the fact that Adopter has signed an Adopter Agreement to any party to an Approved License with AACS LA that is seeking to enforce an obligation of Adopter under this Agreement following a written refusal to meet such obligation by Adopter.

  • Up to 3” under the “Mobile Vendor for Profit – Approved License Areas .

  • The Open Source Initiative Approved License trademark and program creates a nexus of trust around which developers, users, corporations and governments can organize open source cooperation.

  • Notwithstanding the foregoing, AACS LA may confirm the fact that Content Participant has signed a Content Participant Agreement to any party to an Approved License with AACS LA that is seeking to enforce an obligation of Content Participant under this Agreement following a written refusal to meet such obligation by Content Participant.

  • Service Provider may receive AACS Confidential and AACS Highly Confidential Information from Content Participant/Provider and may disclose AACS Confidential and AACS Highly Confidential Information to Content Participant/Provider only to the extent necessary to carry out Online Transactions, disclosing party must only do so in accordance with terms of their AACS Approved License.

  • Notwithstanding the foregoing, AACS LA may confirm the fact that Service Provider has signed a Service Provider Agreement to any party to an Approved License with AACS LA that is seeking to enforce an obligation of Service Provider under this Agreement following a written refusal to meet such obligation by Service Provider.

Related to Approved License

  • Excluded License means an open source or other software license that requires, as a condition of license, use, modification, distribution or conveyance, that (a) the code be disclosed or distributed in source code form; (b) others have the right to modify or create derivative works of it; and/or (c) the code becomes redistributable at no charge.

  • Permitted License means any non-exclusive license of patent rights of Borrower or its Subsidiaries so long as all such Permitted Licenses are granted to third parties in the Ordinary Course of Business, do not result in a legal transfer of title to the licensed property, and have been granted in exchange for fair consideration.

  • Lapsed license “permit,” or “registration” means a license, permit, or registration that a person has failed to renew as required or the license, permit, or registration of a person who failed to meet stated obligations for renewal within a stated time. A person whose license, permit, or registration has lapsed continues to hold the privilege of licensure or registration in Iowa, but may not practice dentistry, dental hygiene, or dental assisting until the license, permit, or registration is reinstated.

  • Encumbered license means a license that a physical therapy licensing board has limited in any way.

  • Unencumbered license means a license issued in good

  • Permitted Licenses are (A) licenses of over-the-counter software that is commercially available to the public, and (B) non-exclusive and exclusive licenses for the use of the Intellectual Property of Borrower or any of its Subsidiaries entered into in the ordinary course of business, provided, that, with respect to each such license described in clause (B), (i) no Event of Default has occurred or is continuing at the time of such license; (ii) the license constitutes an arms-length transaction, the terms of which, on their face, do not provide for a sale or assignment of any Intellectual Property and do not restrict the ability of Borrower or any of its Subsidiaries, as applicable, to pledge, grant a security interest in or lien on, or assign or otherwise Transfer any Intellectual Property; (iii) in the case of any exclusive license, (x) Borrower delivers ten (10) days’ prior written notice and a brief summary of the terms of the proposed license to Collateral Agent and the Lenders and delivers to Collateral Agent and the Lenders copies of the final executed licensing documents in connection with the exclusive license promptly upon consummation thereof, and (y) any such license could not result in a legal transfer of title of the licensed property but may be exclusive in respects other than territory and may be exclusive as to territory only as to discrete geographical areas outside of the United States; and (iv) all upfront payments, royalties, milestone payments or other proceeds arising from the licensing agreement that are payable to Borrower or any of its Subsidiaries are paid to a Deposit Account that is governed by a Control Agreement.

  • CREFC® Intellectual Property Royalty License Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0005% per annum.

  • Inbound Licenses means, collectively, any Contract (including covenants not to xxx) or other permission pursuant to which Seller is authorized or otherwise permitted to access or exploit any other Person’s IP, or any Contract pursuant to which Seller obtains a right to access or exploit a Person’s IP in the form of commercially available object code software or services, such as a software as a services Contract or a cloud services Contract.

  • Site License means for each product, the term “Site License” shall mean the license established upon acquisition of the applicable number of copies of such product and payment of the applicable license fees as set forth in the Statement of Work.

  • Third Party License means licenses from third parties governing third party software embedded or used in the Trading Platform.

  • CREFC® Intellectual Property Royalty License Fee With respect to each Mortgage Loan (including any REO Mortgage Loan) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the CREFC® Intellectual Property Royalty License Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the CREFC® Intellectual Property Royalty License Fee shall be payable from the Lower-Tier REMIC.

  • Intellectual Property License means any license, sublicense, right, covenant, non-assertion or similar covenant, permission, immunity, consent, release or waiver under or with respect to any Intellectual Property Rights or Technology.

  • Open Source License means any license meeting the Open Source Definition (as promulgated by the Open Source Initiative) or the Free Software Definition (as promulgated by the Free Software Foundation), or any substantially similar license, including any license approved by the Open Source Initiative or any Creative Commons License. “Open Source Licenses” shall include Copyleft Licenses.

  • Software License means a license for the Software granted under this XXXX to the Licensee;

  • Sub-License means the sub-licensing of any space in the Station Development Assets and Project Utilities in the Station Development Project, by the Station Facility Manager to any licensee, in accordance with the Station Facility Management Agreement;

  • Intellectual Property License Agreement means the Intellectual Property License Agreement in the form attached as Exhibit F to this Agreement.

  • Restricted License is any material license or other agreement with respect to which Borrower is the licensee (a) that prohibits or otherwise restricts Borrower from granting a security interest in Borrower’s interest in such license or agreement or any other property, or (b) for which a default under or termination of could interfere with the Bank’s right to sell any Collateral.

  • Copyleft License means any license that requires, as a condition of use, modification and/or distribution of software subject to such license, that such software subject to such license, or other software incorporated into, derived from, or used or distributed with such software subject to such license (i) in the case of software, be made available or distributed in a form other than binary (e.g., source code form), (ii) be licensed for the purpose of preparing derivative works, (iii) be licensed under terms that allow the Company’s or any Subsidiary of the Company’s products or portions thereof or interfaces therefor to be reverse engineered, reverse assembled or disassembled (other than by operation of Law) or (iv) be redistributable at no license fee. Copyleft Licenses include the GNU General Public License, the GNU Lesser General Public License, the Mozilla Public License, the Common Development and Distribution License, the Eclipse Public License and all Creative Commons “sharealike” licenses.

  • Affiliated Licensee Assignment The Broker has assigned (Selling Licensee) to work with Purchaser and

  • Supply Licence means the licence granted to us under section 6(1)(d) of the Act;

  • Intellectual Property Licenses means (i) any grant by the Company to another Person of any right, permission, consent or non-assertion relating to or under any of the Purchased Intellectual Property and (ii) any grant by another Person to the Company of any right, permission, consent or non-assertion relating to or under any third Person’s Intellectual Property.

  • End User License means any license terms imposed by any Third Party Vendor on Customers and End Users. “Force Majeure Event” means an event or occurrence:

  • Patent License means any written agreement granting any right with respect to any invention on which a Patent is in existence or a Patent application is pending, in which agreement Borrower now holds or hereafter acquires any interest.

  • License means any Copyright License, Patent License, Trademark License or other license of rights or interests.

  • Third Party Licenses means licenses from third parties governing third party software embedded or used in the trading platform.

  • FCC License means a License issued or granted by the FCC.

Most Referenced Clauses

Most Referenced Definitions