Examples of Initial Licensor in a sentence
Subject to the conditions of Section 7, each Initial Licensor hereby grants to You a perpetual, worldwide, non-exclusive, fully paid-up, royalty-free, irrevocable (except as stated in this Section 5) patent license to make, have made, use, offer to sell, sell, import, and otherwise transfer Compliant Products, under all Necessary Claims of such Initial Licensor.
You may use this License for Your own specifications; however, if You do so, You must change the name of Your license, refer appropriately to Yourself as the Initial Licensor, and You must not use the name or trademarks of Open Compute Project Foundation, except You may state that Your license is based on the Open Compute Project Hardware License.
Licensor shall cooperate and assist Licensee in all reasonable respects in connection with an Action brought under this Section 5.4(b) and shall facilitate any necessary cooperation and assistance from the Initial Licensor.
If Initial Licensor alleges a breach of Licensor of the Initial License Agreement based on the material breach by Company of its obligations under this Agreement, Licensor shall inform Company of such allegation in writing.
Further, Licensor is required to inform Initial Licensor about the identity of Licensee and allow independent counsel review of this Agreement for Initial Licensor as further set forth below in Section 6.1.
For clarity, Licensor is entitled to share this Agreement with independent legal counsel selected by Initial Licensor to have such counsel review compliance of this Agreement with the Initial License Agreement.
Production locations for Stanley/Stella products are known and verified.
In the event that a breach is undisputed or finally determined to have occurred, and such breach is not timely cured or not capable of being timely cured by Licensor, then in accordance with Section 37.25 of the Initial License Agreement, Licensee shall have the right to enter into a direct license with Initial Licensor, including without limitation by way of Licensor assigning this Agreement to the Initial Licensor.
Licensor is required under Section 26.2 of the Initial License Agreement to include the right of Initial Licensor to invoke the following Sections of the Initial License Agreement directly against Licensee: Sections 11.5, 13.3, 13.4, 14.2, 15.2 to 15.4, 18.2 to 18.4, 21.3, 37.22(f), (h)-(l), and the last sentence of 37.25.
If, following such efforts, the Parties are unable to cure a material breach of the Initial License Agreement due to the Company’s uncured material breach of this Agreement, and the Initial Licensor terminates the Initial License Agreement as a result, Company will be deemed to be in non-curable breach of this Agreement and Licensor shall have the right to terminate this Agreement with immediate effect.