Initial Licensing Period definition

Initial Licensing Period means the period from the Commencement Date to the initial expiry date or, if shorter, the period from the Commencement Date until such date as the Licence is revoked or renewed in accordance with these Conditions;
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Initial Licensing Period means a period of time running from the Effective Date and for a period of three (3) Contract Years thereafter.
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Initial Licensing Period means the period from the Commencement Date to the Initial Expiry Date;
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Examples of Initial Licensing Period in a sentence

  • UST will issue an invoice to the Customer before commencement of the Initial Licensing Period or two months before the start of any subsequent Licence Term.

  • Initial Licensing Period; Prorating: All licenses terminate on June 30 of each calendar year.

  • Section 216 of the Communications Act (1) Subject to the provisions of Section 228(6) and (7) of the Communications Act the Licence may be renewed for a period of ten years from the end of the Initial Licensing Period and each Subsequent Licensing Period current at the time of the application.

  • Section 216 of the Communications Act(1) Subject to the provisions of section 228(6) and (7) of the Communications Act the Licence may be renewed for a period of ten years from the end of the Initial Licensing Period and each Subsequent Licensing Period current at the time of the application.

  • To carry out the granting of the Licenses, the Parties commit in particular to make every effort to find one or several Licensees and to enter into one or several final binding agreements for the licensing of the Licensed Products within the Initial Licensing Period, while at the same time preserving the objective of obtaining the best possible return on the License.


More Definitions of Initial Licensing Period

Initial Licensing Period. “Law” means a Hydrocarbons reservoir or multiple Hydrocarbons reservoirs all grouped on or related to the same individual geological structural features or stratigraphic conditions. All reservoirs overlying and underlying a Field shall constitute part of such Field. means a period of time running from the expiry of the Initial Licensing Period and for a period of two (2) Contract Years. means currency acceptable to the Parties other than that of the Republic. means any kind of petroleum products in solid, liquid or gaseous state, including crude oil or natural gasoline, natural hydrocarbon gases as well as all related minerals or substances of any kind extracted together therewith; Procedure attached hereto as Annex C. means Exploration Operations, Development and Production Operations and all other related activities carried out under this Contract, including the lifting of Hydrocarbons from the Contract Area but excluding any storage, transportation or processing beyond the Delivery Point. means a period of time running from the Effective Date and for a period of three (3) Contract Years thereafter. means the Hydrocarbons (Prospecting, Exploration and Exploitation) Law, No. 4 (I) of 1993 as amended from time to time or any law replacing the above .
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Related to Initial Licensing Period

  • Original license means a motor vehicle dealer license issued to an applicant who has never been

  • Reciprocal license means the issuance of an Iowa license to practice barbering to an applicant who is currently licensed in another state and which state has a mutual agreement to license persons who have the same or similar qualifications to those required in Iowa.

  • Occupational license means a certificate, registration, or license issued by a state department, bureau, or agency that has regulatory authority over an individual that allows an individual to legally engage in a regulated occupation or that allows the individual to use a specific title in the practice of an occupation, profession, or vocation.

  • Professional license means any license, permit, certificate, registration, qualification, admission, temporary license, temporary permit, temporary certificate, or temporary registration that is described in divisions (W)(1) to (37) of this section and that qualifies a person as a professionally licensed person.

  • Royalty Term means, on a country-by-country basis, the period commencing on the First Commercial Sale of a Licensed Product in a country and ending on the latest of (a) ** thereafter, (b) expiration of the last-to-expire Valid Claim of a Licensed Patent that Covers the composition of matter of the Licensed Product in the country in which it is sold, or (c) the expiration of all Regulatory Exclusivity Rights with respect to such Licensed Product in the country in which it is sold.

  • Marketing Period means the first period of twenty (20) consecutive Business Days after the date hereof and throughout and on the last day of which (a) Parent has received from the Company all Required Information and (b) the conditions set forth in Section 7.1 and Section 7.2 (other than those conditions that by their nature are to be satisfied at the Closing) shall be satisfied or waived; provided, however, that (i) the Marketing Period in any event shall end on any earlier date on which all of the Debt Financing has been funded, (ii) the Marketing Period shall not be deemed to have commenced if, prior to the completion of such twenty (20) consecutive Business Day period, (A) the independent public accountants of the Company shall have withdrawn their audit opinion with respect to any audited financial statements included in the Required Information, in which case such twenty (20) consecutive Business Day period shall not commence unless and until a new unqualified audit opinion is issued with respect to such audited financial statements by the independent public accountant of the Company or another independent public accounting firm of recognized national standing or (B) the Company or its independent public accountants shall have announced any intention to restate any financial statements included in the Required Information, in which case such twenty (20) consecutive Business Day period shall not commence unless and until such restatement has been completed and the applicable Required Information has been amended or the Company or its independent public accountants, as applicable, has announced that it has concluded that no restatement shall be required in accordance with GAAP, and (iii) if at any time the Company shall believe in good faith that it has provided the Required Information, the Company may deliver to Parent a written notice to that effect (stating when it believes it completed such delivery), in which case the requirement to deliver the Required Information shall be deemed to have been satisfied as of the date of such delivery of such Required Information as has been identified in such notice, unless Parent in good faith reasonably believes the Company has not completed the delivery of the Required Information and, within three (3) Business Days after the receipt of such notice from the Company, delivers a written notice to the Company to that effect (stating with reasonable specificity which portion of the Required Information that the Company has not delivered).

  • License Term means the duration of a License as specified in the Order.

  • Licence Period , in relation to a licence, means each calendar year during which, or during any part of which, the licence is in force;

  • Exclusive Territory means (1) the states of Illinois, Wisconsin, and Indiana; and

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.