License to operate definition
Examples of License to operate in a sentence
The Owner is hereby granted a perpetual, non-exclusive, non-transferable (except as set forth in subsections 11.4 and 27.4), fully paid-up, multi-site (capability to have deployed Software in any number of sites) right to use license for the Software ("RTU License"), to operate the Products provided in each of the PCS Systems and/or PCS Sub-Systems, as the case may be, and the System as a whole, subject to payment of any license fees in accordance with the terms of this Contract.
The Borrower further consents, subject to obtaining any necessary approvals, to the assignment or transfer of control of any Communications License to operate to a receiver, trustee, or similar official or to any purchaser of the Collateral pursuant to any public or private sale, judicial sale, foreclosure, or exercise of other remedies available to the Lenders as permitted by applicable law.
Clerical/classroom employees shall not be required but may volunteer to drive a District or school owned vehicle which does not require a Commercial Driver License to operate to transport students as a part of their work duties.
It is the responsibility of employees to have a valid Driver's License to operate a bus.
Under the New ▇▇▇▇ Regulations, foreign investors are permitted to hold up to 50% (but not more) equity interest in entities requiring an ICP License to operate, provided that the foreign investor first satisfies qualification requirements, including registered capital and other requirements or proof required under the new ▇▇▇▇ Regulations (“VAT Qualification Requirements”).