Covenantee definition
Examples of Covenantee in a sentence
As used herein, “Dispute” means a dispute regarding a determination or decision by any Covenantee regarding payment of a Requisition or regarding any other matter when a decision or determination by such Covenantee is required pursuant to any provision of this Agreement.
For the avoidance of doubt, Covenant IPR shall not include any IPR of any Transferee as contemplated in Section 9.2. Further, Covenantee’s rights under this Section 10.3 shall terminate effective upon consummation of a Transfer as contemplated in Section 9.2, except that the covenant not to Assert shall be binding on Covenantor with respect to any actions taken by Covenantee prior to the consummation of such Transfer.
Notwithstanding the foregoing, the covenant not to Assert in this Section shall cease to apply to a Covenantee if that Covenantee willfully infringes, misappropriates, or otherwise improperly uses the Covenant IPR.
As used herein, “Dispute” means a dispute regarding a determination or decision by any Covenantee regarding payment of a Requisition or regarding or any other matter when a decision or determination by such Covenantee is required pursuant to any provision of this Agreement.
Notwithstanding anything herein to the contrary, the Covenantee may make passive investments in any enterprise the shares of which are publicly traded if such investment constitutes less than five percent (5%) of the equity of such enterprise.