License Parties definition
Examples of License Parties in a sentence
No extension of the rights granted in this Section 5.12 beyond the Tagline Termination Date shall occur except through a formal written amendment to this Agreement signed by the License Parties.
Parent, its Subsidiaries, and to the Knowledge of Parent, each of the Parent License Parties, are in good standing, and in compliance with all Gaming Laws, in each of the jurisdictions in which Parent, any of its Subsidiaries or any Parent License Party owns or operates gaming facilities.
The License Parties acknowledge and agree that as between the License Parties, the portion of the Tagline containing the METLIFE ▇▇▇▇ belongs to Licensor or its Affiliates, including all rights therein and thereto, and the goodwill pertaining thereto.
Gamma, its Subsidiaries, and to the Knowledge of Gamma, each of the Gamma License Parties, are in good standing, and in compliance with all Gaming Laws, in each of the jurisdictions in which any Gamma, its Subsidiaries or any Gamma License Party owns or operates gaming facilities.
The IP License Agreement shall include such other terms and conditions as the License Parties may reasonably agree.
The License Parties currently contemplate that such rights may be needed to enable the Company to conduct the following activities: (i) engineering design or implementation activities, (ii) activities related to other regulatory affairs, or (iii) other pre-commercial activities contemplated by or related to the JV Plant.
As between the License Parties, any recovery as a result of such action shall belong solely to Amyris Brasil.
For the sake of clarification, the License Parties agree that the IP License Agreement shall be renewed with respect to both the applicable Patents which are then still in effect as well as the applicable Know-How.
Any proceeds from such litigation shall first be used to pay the expenses of the License Parties on a pro rata basis; any remainder shall then be distributed to the License Parties first to compensate each for their losses and then on an equal basis.
For purposes of the License Parties, a Sector-related breach means any transaction involving the Technology or arrangement for use of the Technology in any industry other than the legal cannabis industry.