License Exchange definition

License Exchange means (A) any exchange of Licenses between the Company and Nextel Communications, Inc. or any Affiliates of Nextel Communications, Inc. which the Board of Directors of the Company determines in good faith, on the date of such exchange, are, in the aggregate, of at least equivalent value; provided, however, that the aggregate value of all such balances exchanged pursuant to this clause (A) shall not exceed $25.0 million, or (B) any transaction pursuant to which the Company transfers certain of its Licenses to Nextel Communications, Inc. or any Affiliates of Nextel Communications, Inc. in exchange for Licenses from a third party, the purchase price for which was funded by Nextel or any Affiliates of Nextel Communications, Inc.; provided, however that the aggregate value of all such Licenses exchanged pursuant to this clause (B) shall not exceed $25.0 million.
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License Exchange means (a) any exchange of Licenses between the Borrower and Nextel or any Affiliate of Nextel made in accordance with Article 4 of the Joint Venture Agreement, (b) any exchange of Licenses between the Parent or any of its Subsidiaries and Nextel or any Affiliate of Nextel which the Board of Directors of the Parent or such Subsidiary determines in good faith, on the date of such exchange, are, in the aggregate, of at least equivalent value, or (c) any transaction pursuant to which the Parent or any of its Subsidiaries transfers certain of its Licenses to Nextel or any Affiliate of Nextel in exchange for Licenses from a third party, the purchase price for which was funded by Nextel or any Affiliate of Nextel.
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License Exchange means (a) any exchange of Licenses between the Borrower and Nextel or any Affiliate of Nextel made in accordance with Article 4 of the Joint Venture Agreement, (b) any exchange of Licenses and related operating assets used exclusively in connection with the Licenses in the territories covered by such Licenses between the Parent or any of its Subsidiaries and Nextel or any Affiliate of Nextel which the board of directors of the Parent or such Subsidiary determines in good faith, on the date of such exchange, are, in the aggregate, of at least equivalent value, (c) any transaction pursuant to which the Parent or any of its Subsidiaries transfers certain of its Licenses and related operating assets used exclusively in connection with the Licenses in the territories covered by such Licenses to Nextel or any Affiliate of Nextel in exchange for Licenses and related operating assets used exclusively in connection with the Licenses in the territories covered by such Licenses from a third party, the purchase price for which was funded by Nextel or any Affiliate of Nextel or (d) any transaction that would meet the description set forth in clause (a), (b) or (c) but for the fact that, to equalize the value of the assets being exchanged or transferred one party pays the other party cash (or, in the case of the Parent only, the Parent may issue its Capital Stock); provided, that in no event shall the aggregate amount of cash paid pursuant to this clause (d) subsequent to the Effective Date, exceed $50,000,000.
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Examples of License Exchange in a sentence

  • In addition, all applicable waiting periods under the HSR Act (if applicable to the License Exchange) shall have expired or been terminated.

  • Contreras, FRAND Market Failure: IPXI’s Standards-Es- sential Patent License Exchange, 15 CHI.-KENT J.

  • In connection with the Service Bureau License, Exchange shall provide maintenance and support services for the Licensed Software in accordance with Appendix E.

  • Although the open market trading approach has been attempted several times, it has usually failed, often due to disagreements over credit certification requirements (National Healthy Air License Exchange 1995; Goffman 1997; EPA - Office of the Inspector General 2002).

  • TelCove will pay all expenses in connection with obtaining any Consent to the assignment of any A&A Contract and any IT License being transferred to the ACC Parties pursuant to the IT License Exchange Agreement.

  • Buyer shall be responsible for timely obtaining and paying for any required authorization, such as an Export License, Import License, Exchange Permit or any other governmental authorization, even though any such authorization may be applied for by NSI.

  • On the Second Closing Date, no judgment, injunction, restraining order or decree of any nature of any court of competent jurisdiction or other Governmental Authority shall be in effect that restrains or prohibits any party to this Agreement from consummating the License Exchange.

  • On November 16, 2016, International License Exchange of America, LLC, a wholly-owned subsidiary of Equitable (“ILEA”), filed a motion to substitute itself as the plaintiff, consistent with our Monetization Agreement with Equitable.

  • The creation costs of most intangibles are deducted immediately, unlike tangible property costs that are capitalized and depreciated 3The Patent and License Exchange (pl-x.com) is the first online marketplace for the sale of patents, licenses, and otherintellectual property.4Ernst & Young LLP, Federal Tax Depreciation of Cellular Assets: The Need for Clarification on Cellular Equipment, Nov.

  • For purposes hereof, “Triton License Exchange Representations and Warranties” means the representations and warranties made by the Triton Parties in the following Sections, but solely to the extent such representations and warranties relate to the Virginia Licenses or the consummation of the License Exchange: Sections 9.1, 9.2; 9.3(a), 9.6 and 9.21.


More Definitions of License Exchange

License Exchange has the meaning set forth in the Ninth Recital.
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License Exchange has the meaning set forth in Section 2.2.(a) ----------------
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Related to License Exchange

  • Research License means a nontransferable, nonexclusive license to make and to use the Licensed Products or the Licensed Processes as defined by the Licensed Patent Rights for purposes of research and not for purposes of commercial manufacture or distribution or in lieu of purchase.

  • License expiration date means June 30 of even-numbered years.

  • Regulatory Exclusivity means any exclusive marketing rights or data exclusivity rights conferred by any Regulatory Authority with respect to a pharmaceutical product other than Patents, including orphan drug exclusivity, new chemical entity exclusivity, data exclusivity, or pediatric exclusivity.

  • License Elements means the following high-level license attributes as selected by Licensor and indicated in the title of this License: Attribution, ShareAlike.

  • Biologics License Application or “BLA” means an application requesting permission from the FDA to introduce, or deliver for introduction, a biological product into interstate commerce, or any similar application or submission for marketing authorization of a product filed with a Regulatory Authority to obtain Regulatory Approval for such product in a country or group of countries.

  • License Key means a unique key-code that enables Licensee to run Software subject to the obtained User Pack.

  • License Effective Date means, with respect to each Component System of the Licensed System that Company is given the right to access and use, the date as of which the Company is first given such right to access and use.

  • Development Application means the development application identified in Item 5 of Schedule 1 and includes all plans, reports models, photomontages, material boards (as amended supplemented) submitted to the consent authority before the determination of that Development Application.

  • Key Regulatory Approvals means those sanctions, rulings, consents, orders, exemptions, permits and other approvals (including the lapse, without objection, of a prescribed time under a statute or regulation that states that a transaction may be implemented if a prescribed time lapses following the giving of notice without an objection being made) of Governmental Entities as set out in Schedule C hereto;

  • Regulatory Exclusivity Period means, with respect to each Licensed Product in any country in the Territory, a period of exclusivity (other than Patent exclusivity) granted or afforded by Applicable Law or by a Regulatory Authority in such country that confers exclusive marketing rights with respect to such Licensed Product in such country or prevents another Person from using or otherwise relying on any data supporting the approval of the Drug Approval Application for such Licensed Product to support an application for regulatory approval of another product for any indication without the prior written consent of the Drug Approval Application holder.

  • Core Curriculum Content Standards means the New Jersey Student Learning Standards.

  • Development Approvals means all permits and other entitlements for use subject to approval or issuance by CITY in connection with development of the Property including, but not limited to: (a) general plan, general plan amendments, specific plans and specific plan amendments; (b) tentative and final subdivision and parcel maps; (c) conditional use permits and master plans; (d) zoning, zoning map amendments, and zoning text amendments; and, (e) grading and building permits.

  • Major Market means any one of the following countries: United States, Japan, the United Kingdom, France, Germany, Italy or Spain.

  • IP License Agreement shall have the meaning set forth in Section 1.2.

  • Regulatory Approval means any and all approvals (including MAA Approval, and Pricing and Reimbursement Approval, if applicable), licenses, registrations, permits, notifications and authorizations (or waivers) of any Regulatory Authority that are necessary for the manufacture, use, storage, import, transport, promotion, marketing, distribution, offer for sale, sale or other commercialization of a Product in any country or jurisdiction.

  • Driver license means a license that is issued by a state to

  • CREFC® Intellectual Property Royalty License Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0005% per annum.

  • Regulatory Approvals means any registrations, licenses, authorizations, permits or approvals issued by any Governmental Authority and applications or submissions related to any of the foregoing.

  • License Type means the identification of whether the license for a Software Product is for a Perpetual Term or Subscription Term as specified in the Quote.

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

  • IP License means all Contractual Obligations (and all related IP Ancillary Rights), whether written or oral, granting any right, title and interest in or relating to any Intellectual Property.

  • Major Markets means [***].

  • Regulatory Approval Application means any application submitted to an appropriate Regulatory Authority seeking any Regulatory Approval.

  • Required Regulatory Approvals means the Seller Required Regulatory Approvals and the Buyer Required Regulatory Approvals.

  • Local Exchange Carrier (LEC) Shall have the meaning set forth in 47 U.S.C. §153. Local Exchange Routing Guide (LERG): The Telcordia Technologies reference customarily used to identify NPA-NXX routing and homing information, as well as equipment designation. Local Interconnection Trunk or Local Interconnection Trunk Group: One-way or two-way trunks or trunk groups used to exchange Local Traffic between a switch of one Party and a switch of the other Party.

  • Software License Agreement means the Motorola Software License Agreement (Exhibit A).