Grant-Back definition

Grant-Back has the meaning defined in Section 2.5 of this Agreement.
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Grant-Back the following is added at the end of Section 2.5 to further clarify the intent of the Parties as of the Effective Date: “For purposes of clarity, Buyer and Seller understand, acknowledge and agree that any reference to buyer’s or acquirer’s products and services in this Section 2.5 is limited to products and services that such party acquires as part of Seller’s sold business.”
Sample 1
Grant-Back. Patent applications and data revert to Institution upon termination of the license agreement by Progenitor. For a period of 1 year after the effective date of reversion of rights to Institution, Progenitor shall have a right of first refusal on third-party grant-backs of joint intellectual property to Institution. FINANCIAL TERMS: Intellectual property costs and Borne by Progenitor expenses: Consideration: Joint Intellectual Property: Progenitor to pay to Institution [***] of any fees, royalties or other cash consideration actually received by Progenitor, excluding research and development support and equity investments.
Sample 1

Examples of Grant-Back in a sentence

  • Notwithstanding any provision of this paragraph to the contrary, Licensee (or its Affiliates) shall not be required to grant a third party a license under a Grant-Back Essential Patent if such a license would require Licensee (or its Affiliates) to pay compensation to a third party other than the Affiliates, agents or employees of Licensee (or its Affiliates).

  • Any license made available under Section 7.1 shall be available for a period ending on the expiry date of the last subsisting Grant-Back Essential Patent.

  • For the purposes of this Section 7.1 only, each Licensor’s per-Patent share of the royalties paid per Licensed Product in accordance with this License Agreement shall be deemed to be a fair, reasonable and non-discriminatory royalty rate for the grant (by way of license or otherwise) by Licensee and its Affiliates under its Grant-Back Essential Patents.

  • Licensee acknowledges that the obligation to license Grant-Back Essential Patents on fair, reasonable, non-discriminatory conditions in accordance with Section 7.1 runs with such Patents and thus binds any subsequent owners of such Patents.

  • Licensee and its Affiliates shall not unreasonably refuse to grant to qualified entities (defined below), for products that are configured in compliance with the BD Software Standards (“BD Products”), non-exclusive, non-transferable rights (by way of license or otherwise), on fair, reasonable, non-discriminatory conditions, to manufacture, transfer, sell, import or otherwise dispose of BD Products under any and all Grant-Back Essential Patents.

  • For the purposes of this Section 9.1 only, each Licensor’s per-Patent share of the royalties paid per Licensed Product in accordance with this License Agreement shall be deemed to be a fair, reasonable and non-discriminatory royalty rate for the grant (by way of license or otherwise) by Licensee and its Affiliates under its Grant-Back Essential Patents.

  • The purpose condition under s 45D(3(a)(iii) applies: one substantial purpose of the Grant-Back Provision is to restrict B’s choice of to whom it will supply the service of a patent licence to use a further discovery.

  • Any license made available under Section 9.1 shall be available for a period ending on the expiry date of the last subsisting Grant-Back Essential Patent.

  • Submitter: _____________________ By: Name: Title: Date: To be completed by the Forum if the Submitter has selected the Copyright Assignment with Copyright Grant-Back License option above: IN WITNESS WHEREOF, the Broadband Forum has executed this Submission Form through its duly authorized representatives.

  • This copyright assignment is subject to the Forum granting the following copyright grant-back license as set forth below: Copyright Grant-Back License.


More Definitions of Grant-Back

Grant-Back. Clontech shall, free of charge, provide BASF and the laboratory of Xxxxxxxxx Xxxxxxx Bujard with (i) a non-exclusive license under its improvements to the TET-System, and (ii) samples of Licensed Products upon request.
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Related to Grant-Back

  • Grant Award The Provider is required to match the grant award as required in the rules implementing the Federal Victims of Crime Act. Match contributions equal to 20 percent (cash or in-kind) of the total cost of each VOCA project (VOCA grant funds plus match contributions) must be reported monthly to the OAG. All funds designated as match contributions are restricted in the same manner and to be expended for the same uses as the VOCA victim assistance grant funds and must be expended within the grant period. Unless otherwise approved by the OAG, match contributions must be reported on a monthly basis in an amount consistent with the amount of funding requested for reimbursement.

  • LTIP Award means each or any, as the context requires, LTIP Award issued under any Equity Incentive Plan.

  • Phantom Stock Award Agreement means a written agreement between the Company and a Holder with respect to a Phantom Stock Award.

  • Nonemployee Director Award means any Award granted to a Nonemployee Director.

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Other Stock Award Agreement means a written agreement between the Company and a holder of an Other Stock Award evidencing the terms and conditions of an Other Stock Award grant. Each Other Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • Cash Award means an award denominated in cash.

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.

  • Performance Award Agreement means a written agreement between the Company and a Holder with respect to a Performance Award.

  • Grant Agreement means the agreement entered into by the Parties, including the Signature Document, these Uniform Terms and Conditions, along with any attachments and amendments that may be issued by the System Agency.

  • Phantom Stock Award means an Award granted under Paragraph X of the Plan.

  • Incentive Distribution Right means a non-voting Limited Partner Interest issued to the General Partner, which Partnership Interest will confer upon the holder thereof only the rights and obligations specifically provided in this Agreement with respect to Incentive Distribution Rights (and no other rights otherwise available to or other obligations of a holder of a Partnership Interest). Notwithstanding anything in this Agreement to the contrary, the holder of an Incentive Distribution Right shall not be entitled to vote such Incentive Distribution Right on any Partnership matter except as may otherwise be required by law.

  • 3(i) Award means an Award granted pursuant to Section 3(i) of the Ordinance to any person who is a Non- Employee.

  • Performance Award means any right granted under Section 6(d) of the Plan.

  • Director Award means the grant of any Award (other than an Incentive Stock Option), whether granted singly, in combination, or in tandem, to a Participant who is a Director pursuant to such applicable terms, conditions, and limitations established by the Board.

  • Appreciation Award means any Award under this Plan of any Stock Option, Stock Appreciation Right or Other Stock-Based Award, provided that such Other Stock-Based Award is based on the appreciation in value of a share of Common Stock in excess of an amount equal to at least the Fair Market Value of the Common Stock on the date such Other Stock-Based Award is granted.

  • Award means, individually or collectively, a grant under the Plan of Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Units or Performance Shares.

  • Performance Grant means an Award subject, in part, to the terms, conditions and restrictions described in Section 9, pursuant to which the recipient may become entitled to receive cash, Class A Shares, Other Real Goods Securities or property, or other forms of payment, or any combination thereof, as determined by the Committee.

  • Unit Award means a grant of a Unit that is not subject to a Restricted Period.

  • Other Award Agreement means a written agreement between the Company and a holder of an Other Award evidencing the terms and conditions of an Other Award grant. Each Other Award Agreement will be subject to the terms and conditions of the Plan.

  • Stock Bonus Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(b).

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Award Agreement means the written or electronic agreement setting forth the terms and provisions applicable to each Award granted under the Plan. The Award Agreement is subject to the terms and conditions of the Plan.

  • Stock Award Agreement means a written agreement between the Company and a holder of a Stock Award evidencing the terms and conditions of an individual Stock Award grant. Each Stock Award Agreement shall be subject to the terms and conditions of the Plan.

  • Performance Unit Award means an award of Performance Units under this Plan.

  • Incentive Distribution Rights has the meaning assigned to such term in the Partnership Agreement.