Licensed Requisite Rights definition

Licensed Requisite Rights has the meaning set forth in Section 4.14(b). -------------------------
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Licensed Requisite Rights means all Intellectual Property Rights for which the Seller purports to have a valid license (or sublicense) to use and which are used in, held for use in or otherwise relating to the Business.
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Licensed Requisite Rights has the meaning ascribed thereto in Section 3.11.
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Examples of Licensed Requisite Rights in a sentence

  • There exists no default, or any event which upon the giving of notice or the passage of time, or both, would give rise to a claim of a breach or default by the Company under the Inbound Licenses granting the Company the Licensed Requisite Rights.

  • The Company possess exclusive legal rights to dispose of, license, sell and use all of the Licensed Requisite Rights (the “Exclusive Licensed Requisite Rights”), except as described on Schedule 5.15(b) (the “Non-Exclusive Licensed Requisite Rights”).


More Definitions of Licensed Requisite Rights

Licensed Requisite Rights has the meaning set forth in Section 5.11(a).
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Licensed Requisite Rights has the meaning set forth in Section 2.11(a) hereof.
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Licensed Requisite Rights has the meaning ascribed thereto in SECTION 3.11.
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Related to Licensed Requisite Rights

  • Licensed IP Rights means, collectively, the Licensed Patent Rights and the Licensed Know-How Rights.

  • Licensed Know-How means any and all unpatented and/or non-patentable technical data, documents, materials, samples and other information and know‐how that is Controlled by LICENSOR or any of its Affiliates as of the Effective Date or thereafter during the Term that relates to, or is otherwise reasonably necessary or reasonably useful for, the use, Development, manufacture, or Commercialization of the Product. Licensed Know-How shall not include Licensed Patents.

  • Sublicense means any agreement to Sublicense.

  • Licensed Technology means the Licensed Patents and the Licensed Know-How.

  • Licensed IP means the Licensed Patents and the Licensed Know-How.

  • CREFC® Intellectual Property Royalty License Fee With respect to each Mortgage Loan (including any REO Mortgage Loan) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the CREFC® Intellectual Property Royalty License Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the CREFC® Intellectual Property Royalty License Fee shall be payable from the Lower-Tier REMIC.

  • Licensed Materials means any materials that Executive utilizes for the benefit of the Company (or any Subsidiary thereof), or delivers to the Company or the Company’s Customers, which (a) do not constitute Work Product, (b) are created by Executive or of which Executive is otherwise in lawful possession and (c) Executive may lawfully utilize for the benefit of, or distribute to, the Company or the Company’s Customers.

  • Licensed System means, collectively:

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

  • Patent Rights means all patents and patent applications, including all divisionals, continuations, substitutions, continuations-in-part, re-examinations, reissues, additions, renewals, extensions, registrations, and supplemental protection certificates and the like of any of the foregoing.

  • Licensed Intellectual Property Rights means any and all Intellectual Property Rights owned by a Third Party and licensed or sublicensed to the Company or any of its Subsidiaries or for which the Company or any of its Subsidiaries has obtained a covenant not to be sued.

  • Licensed Software includes error corrections, upgrades, enhancements or new releases, and any deliverables due under a maintenance or service contract (e.g., patches, fixes, PTFs, programs, code or data conversion, or custom programming).