Examples of Covered Products and Services in a sentence
In the event of such acquisition or merger, the Covered Products and Services shall automatically become limited to Seller’s products and services that had been commercially released by Seller prior to the effective date of such transaction and for new versions of such products and services that have merely incremental differences from such products and services that do not bring the new versions within the scope of any claim of the Patents that did not also encompass such prior products and services.
Seller has not granted to its customers or other third Parties any licenses to practice the methods and to develop, make, have made, use, distribute, lease, offer for sale, sell, import, export and otherwise dispose of the Covered Products and Services.
This license shall apply to the use and subsequent redistribution of Covered Products and Services, in substantially identical form as they are distributed by Seller, but shall not otherwise be sub-licensable or provide Seller the right to act as foundry for any third Party.
Licensee shall keep true and accurate books of account and shall keep and maintain all records, documents and other instruments relating to the Cost of the Licensed Technology used in the Covered Products and Services sold by Licensee and its Approved Affiliates in the territory, in such detail as shall enable Licensor to ascertain the royalty due under this Agreement and compliance with payment.
The assignment of this Agreement to any such successor provides the successor only with the rights to LML Patents that PAYPAL had prior to the change in control and does not extend this license to any Covered Products and Services made, used, or sold by the successor other than those acquired from PAYPAL.