Examples of AV1 Products in a sentence
Licensee desires to settle any dispute with Licensor with respect to infringement of the AV1 Patents and such settlement and license shall cover the past and future use of the AV1 Patents in AV1 Products until the end of the Term.
In such event, Licensee, on behalf of itself and its Licensee Affiliates, represents and warrants that at the time of said termination of this Agreement, Licensee and Licensee Affiliates shall immediately cease to Make and/or Sell AV1 Products unless Licensee and/or Licensee Affiliates have otherwise acquired separate licenses under the AV1 Patents.
For further clarity: Rights granted to Licensee with respect to AV1 Products, for which Licensee has paid Compensation until the termination becomes effective, will remain covered by the respective grant of rights, however, AV1 Products not covered by the Compensation at this stage will be unlicensed as of the effective date of the termination.
Unless otherwise required pursuant to clause (B) below, Tenant shall pay to Landlord any Expenses no later than twenty (20) days after receipt of the invoice with respect to such Expenses.
For the avoidance of doubt, any (partial) exhaustion of patent rights shall not apply insofar any products Made for and/or Sold to any third party for which a royalty has not been paid, regardless of whether such third party is subject to obligations of a license agreement under the relevant AV1 Patents for AV1 Products and shall therefore not affect the responsibility of Licensee to pay royalties to Licensor under this Agreement with respect to such unlicensed products.
Necessary Records pertaining to a particular royalty reporting period, including Necessary Records relating to the Making and/or Selling of any AV1 Products, shall be maintained for five (5) years after the expiry of the Term.
In such case, Licensee would subscribe in writing to a pre-defined number of units of AV1 Products within a certain commitment level for Consumer Display Devices and a pre-defined number of units of AV1 Products within a certain commitment level for Consumer Non- Display Devices as per Attachment AV1-B and Licensor would confirm such commitment in writing so it would become binding upon the Parties (“Committed Volume”).
Affiliates shall keep and maintain accurate and detailed books and records in paper or electronic form including, but not limited to, all books and records related to the organization chart showing the relationship of Licensee and all Licensee Affiliates and all production, purchases, stocks, deliveries, technical specifications of all products, and sales records related to AV1 Products (all books and records collectively referred to as “Necessary Records”).
In case the Committed Volume Discount Scheme applies, the release and license under this AV1 Agreement is limited to the number of units of AV1 Products as provided for in the relevant Committed Volume, however, the Standard Rate and/or Compliant Rate applies for units exceeding the Committed Volume.
In addition to the foregoing, and subject to the preceding sentence, AV1 Products within the AV1 Field do not include integrated circuits, components or other Intermediate Products requiring substantial additional industrial and/or manufacturing processing to implement the AV1 user equipment functionality.