License Termination Event definition

License Termination Event has the meaning given to such term in Section 12.3(a).
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License Termination Event means the expiration, termination or non-renewal of a License for any reason which, individually or together with the expiration, termination or non-renewal of any other License during the immediately preceding twelve (12) month period results in a Material Adverse Effect.
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License Termination Event means the occurrence of an event or circumstance by which the license for Integrated Software granted to Ordering Activity under the Agreement will terminate immediately and without notice, it being understood and agreed that such License Termination Event shall be the earliest to occur of the following: (1) the Integrated Software is uninstalled from the Appliance; (2) the Appliance or Integrated Software is used for any purpose other than as permitted in the Documentation or the Agreement; (3) the Hardware is retired, removed from service, or Repurposed; (4) the Hardware portion of the Appliance is repaired, modified, or the internal works are otherwise accessed by Ordering Activity without permission of Trend Micro; (5) the Test Period expires if applicable; or (6) either Party provides notice of termination of the Test to the other Party for any reason or no reason. License Termination Events in these Appliance Differing Terms are in addition to the rights of the Parties to terminate under Section 7 of the Agreement.
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Examples of License Termination Event in a sentence

  • Such notice must include a statement of the right of the Licensee to request a hearing to be held to contest the assertion that a License Termination Event has occurred.

  • The Minister may give notice of termination of a License (a “Termination Notice”) at any time that a License Termination Event has occurred and is continuing, setting forth in such notice a summary in reasonable detail of the facts relied upon to establish the occurrence and continuation of a License Termination Event.

  • Where an Appliance or Virtual Appliance requires a Speed License, the license for Integrated Software granted in Section 4.1 is further conditioned upon the purchase of such Speed License and the lapse of the Speed License shall be a License Termination Event under Section 7 of the Agreement for the Appliance or Virtual Appliance for which the Speed License has lapsed.

  • Upon on the occurrence of a License Termination Event, You must uninstall and destroy all copies of the Software and related Documentation.

  • A License Termination Event occurs or a License Holder ceases to be a SPV.

  • A License Termination Event which relates solely to any given license shall not be grounds for terminating this Agreement in its entirety or terminating any other license for any other Antibacterial Product.

  • With respect to Paid Use, this Agreement is effective until the occurrence of a License Termination Event.

  • Your possession and use of the Software and the Deep Discovery Appliance will terminate on the occurrence of the following events: (a) Your rights to Trial Use terminate in accordance with Section 9(A); or (b) a License Termination Event occurs.

  • The Minister may give notice of termination of a License (a “Termination Notice”) at anytime that a License Termination Event has occurred and is continuing, setting forth insuch notice a summary in reasonable detail of the facts relied upon to establish theoccurrence and continuation of a License Termination Event.

  • Upon the occurrence of a License Termination Event pursuant to the terms of Section 3.1(b)(1) of the Purchase Agreement.


More Definitions of License Termination Event

License Termination Event means the occurrence of an event or circumstance by which the license for Integrated Software granted to Company under the Agreement will terminate immediately and without notice, it being understood and agreed that such License Termination Event shall be the earliest to occur of the following: (1) the Integrated Software is uninstalled from the Appliance; (2) the Appliance or Integrated Software is used for any purpose other than as permitted in the Documentation or the Agreement; (3) the Hardware is retired, removed from service, or Repurposed;(4) the Hardware portion of the Appliance is repaired, modified, or the internal works are otherwise accessed by Company without permission of Trend Micro; (5) the Test Period expires if applicable; or (6) either Party provides notice of termination of the Test to the other Party for any reason or no reason. License Termination Events in these Appliance Differing Terms are in addition to the rights of the Parties to terminate under Section 7 of the Agreement.
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License Termination Event means the occurrence of an event or circumstance by which the license granted to You under this Agreement will terminate immediately and without additional notice, it being understood and agreed that such License Termination Event shall be the earliest to occur of the following: (1) the Software is uninstalled from the ATP Appliance; (2) the ATP Appliance is retired, removed from service, repurposed by adding additional/different software thereto not specifically permitted by the Documentation with respect to Custom Sandboxing, or the Hardware portion of the ATP Appliance is modified by You without permission of Trend Micro; (3) You terminate this Agreement at any time by notifying Trend Micro in writing; (4) either party terminates a Trial Use in accordance with Section 9; or (5) You fail to cure a breach of any of Your material obligations under this Agreement within thirty (30) days of receipt of notice from Trend Micro.
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License Termination Event means (A) a breach by Buyer of its payment obligations hereunder (a “Payment Default”), (B) a material breach of any of Buyer’s Fundamental Representations (defined below) or Sections 9.c.(i), 9.d. or 9.e. of the License Agreement or (C) a breach by Buyer of its obligations under that certain Letter Agreement Regarding Excess Inventory among Seller, RSE, Xxxx Xxxxxxx and Buyer dated as of Closing (the “Excess Inventory Letter Agreement”); provided that, no License Termination Event shall be deemed to have occurred with regard to a Payment Default in which Buyer exercised its rights to set-off, at the time made, against the Purchase Consideration hereunder unless an arbitrator determines (in accordance with Section 15 hereof) that such set-off was not made in good faith by Buyer, and; provided further, that if at the time of any event described in subsections (A) or (B) of this Section 1.3(c)(1) that would otherwise constitute a “License Termination Event”, Seller has already received an aggregate of One Million Two Hundred Fifty Thousand Dollars ($1,250,000) of Purchase Consideration, but the Xxxxx Xxxxxxxx Brand has not yet been sold, transferred, assigned and conveyed unto Buyer for any reason (i.e., the failure of the conditions stated in clauses (i) and (ii) of Section 1.3(a) above to be satisfied), then such event shall not constitute a License Termination Event for any purpose herein or with regard to the License Agreement.
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License Termination Event means the occurrence of an event or circumstance by which the license for Integrated Software granted to Company under the Agreement will terminate immediately and without notice, it being understood and agreed that such License Termination Event shall be the earliest to occur of the following: (1) the Integrated Software is uninstalled from the Appliance; (2) the Appliance or Integrated Software is used for any purpose other than as permitted in the Documentation or the Agreement; (3) the Hardware is retired, removed from service, or Repurposed;
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License Termination Event means the occurrence of an event or circumstance by which the license for Integrated Software granted to Ordering Activity under the Agreement will terminate immediately and without notice, it being understood and agreed that such License Termination Event shall be the earliest to occur of the following: (1) the Integrated Software (and/or any Trend Micro-provided Microsoft Component in the case of a Test) is uninstalled from the Appliance; (2) the Appliance, Integrated Software, or Microsoft Component (in the case of any Trend Micro-provided Microsoft Component in connection with a Test) is used for any purpose other than as permitted in the Documentation or the Agreement; (3) any additional/different software is installed on an Appliance other than as specifically permitted by the Documentation with respect to Custom Sandboxing; (4) the Hardware is retired, removed from service, or Repurposed; (5) the Hardware portion of the Appliance is repaired, modified, or the internal works are otherwise accessed by Ordering Activity without permission of Trend Micro or Dell; (6) the Test Period expires if applicable; or (7) either Party provides notice of termination of a Test to the other Party for any reason or no reason. License Termination Events in these Appliance Differing Terms are in addition to the rights of the Parties to terminate under Section 7 of the Agreement.
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License Termination Event refers to any of an “Azul Brand Suspension Event,” “Azul Brand Termination Event,” and/or an “Other IP Termination Event.”
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Related to License Termination Event

  • Company Termination Event has the meaning set forth in Section 10 hereof.

  • Early Termination Event has the meaning specified in Section 9.2.

  • Servicer Termination Event shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

  • Unmatured Termination Event Any event that, with the giving of notice or the lapse of time, or both, would become a Termination Event.

  • Servicer Termination Events (or any analogous term under the Lead Securitization Servicing Agreement) include customary market termination events with respect to failure to make advances, failure to timely remit payments to the Non-Lead Note Holders as required hereunder or under the Lead Securitization Servicing Agreement (subject to no more than one business day grace period), failure to timely deposit amounts into any REO Account or to remit to a Servicer for deposit into a related collection or custodial account, failure to deliver (or cause to be delivered) materials or information required in order for each Non-Lead Note Holder or each Non-Lead Depositor to timely comply with its obligations under the Exchange Act, the Securities Act and Form SF-3, and for rating agency downgrades or other triggers with respect to any certificates issued in connection with a Non-Lead Securitization, subject to customary grace periods (provided that, in the case of failures related to the securities laws, such grace periods will not cause a Non-Lead Depositor to fail to comply with the applicable provisions of such securities laws). Upon the occurrence of such a Servicer Termination Event with respect to the Master Servicer affecting a Non-Lead Securitization Note Holder and the Master Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Master Servicer shall be required, upon the direction of such Non-Lead Securitization Note Holder, to appoint a subservicer with respect to such Non-Lead Securitization Note. Upon the occurrence of a Servicer Termination Event with respect to the Special Servicer affecting a Non-Lead Securitization Note Holder and the Special Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Trustee shall, upon direction of such Non-Lead Securitization Note Holder, terminate the Special Servicer with respect to, but only with respect to, the Mortgage Loan;

  • Termination Event means an Illegality, a Tax Event or a Tax Event Upon Merger or, if specified to be applicable, a Credit Event Upon Merger or an Additional Termination Event.

  • Special Servicer Termination Event shall have the meaning given to such term in the Lead Securitization Servicing Agreement.