Licensee Consent definition

Licensee Consent means that certain letter agreement, dated July 17, 2015, by and between the Debtor and the Licensee, regarding among other things the transfer of the Purchased Assets to the Secured Party and the further transfer of certain of the Purchased Assets by the Secured Party to the Subsequent Purchaser.
Licensee Consent means that certain consent letter in the form attached as Exhibit N to the Disclosure Letter.
Licensee Consent means a Consent of a state banking department, or other Governmental Entity of a state, in a state in which Licensee provides regulated services by Permit issued by such state banking department or other Governmental Entity of such state. For the avoidance of doubt, “Licensee Consent” shall include any verbal or written assurance reasonably acceptable to Parent from the applicable Governmental Entity that a formal Consent is forthcoming and no adverse action related to the failure to obtain such formal Consent will be taken against the Company, Licensee or Parent in connection with the continued conduct of the operations of the Licensee in the applicable jurisdiction notwithstanding the pendency of any such formal Consent.

Examples of Licensee Consent in a sentence

  • For clarity, disclosure or access to any patent documentation, including notices, correspondence or reports provided hereunder related to the Licensed Patents or Licensee Patents, shall be limited to Buyer’s counsel to the extent required under the Licensee Consent.

  • If the Licensee defers payment of the Purchased Royalty in accordance with Exhibit B to the Licensee Consent because of its uncertainty as to the amount of such payment to which the Buyer is entitled, then Buyer and Seller shall promptly meet and discuss in good faith the preparation and delivery of joint instructions from the parties to Licensee to make such payments that have been deferred.


More Definitions of Licensee Consent

Licensee Consent is defined in ‎Section 3.5.
Licensee Consent is defined in Section 2.7.
Licensee Consent means the duly executed agreement from Licensee in the form Delivered by the Seller to the Buyer at the Closing.
Licensee Consent means an acknowledgement by a Licensee that such Licensee consents to the transfer of the Purchased Assets with respect to such Licensee’s License Agreement to Buyer, which acknowledgement will be substantially in the form of Exhibit D hereto.
Licensee Consent means the consent agreement dated as of November 2, 2023 between Seller and Licensee pursuant to which, among other things, Licensee consents to the transactions contemplated by this Agreement;
Licensee Consent means a Consent in connection with a change of control of Licensee of a state banking department, or other Governmental Authority of a state, in a state in which Licensee provides regulated services pursuant to a Money Transmitter License issued by the state banking department or other Governmental Authority of such state. For the avoidance of doubt, “Licensee Consent” shall include any assurance reasonably acceptable to Parent from the applicable Governmental Authority that no adverse action related to the failure to obtain formal Consent in connection with a change of control of Licensee prior to the Effective Time will be taken against the Company, Licensee or Parent in connection with the continued conduct of the operations of the Licensee in the applicable jurisdiction, notwithstanding the pendency of such formal Consent.
Licensee Consent means that certain letter agreement, dated on or about the date hereof, by and between the Seller and Licensee, attached hereto as Exhibit B. ​