Licensee Party definition

Licensee Party means one of the Parties, as the context requires, other than the Licensor Party, to whom Licensed Intellectual Property Rights are granted from the Licensor Party pursuant to the terms hereof.

Licensee Party has the meaning set forth in Section 2(a).

Licensee Party means, with reference to either Party’s Intellectual Property or Marks, the Party that is licensing such Intellectual Property or Marks from the Licensing Party hereunder.

Examples of Licensee Party in a sentence

• At least 24 hours prior to such intended entry, Purchaser will provide e-mail notice to Seller, at the e-mail addresses set forth in Article XIV below, of the intention of Purchaser or the other Licensee Parties to enter the Real Property and Improvements, and such notice shall specify the intended purpose therefor and the inspections and examinations contemplated to be made and with whom any Licensee Party will communicate.

• No physical testing or sampling shall be conducted during any entry by Purchaser or any Licensee Party upon the Real Property without Seller’s specific prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed.

• Licensee shall be liable, and hereby accepts responsibility for any damage to equipment, furnishings, and any other property of Licensor or Prime Landlord (including, without limitation, damage to the Premises), caused by Licensee or a Licensee Party, excluding damage due to normal wear and tear.

• If Purchaser or any Licensee Party takes any sample from the Real Property in connection with any testing, Purchaser shall, upon the request of Seller, provide to Seller a portion of such sample being tested to allow Seller, if it so chooses, to perform its own testing.

• Liability of Firm, Licensee Party, and Third Party Vendor under this paragraph is joint and several.

More Definitions of Licensee Party

Licensee Party means the Parent Licensees or Company Licensee, as applicable, in its capacity as the licensee of the rights or licenses granted to it pursuant to Section 5.20.

Licensee Party and “Licensor Party”, respectively, shall mean as defined in Section ‎6.1 below.

Licensee Party is defined in Section 11.4.2 (Section 365(n) of Bankruptcy Code).

Licensee Party means Sasol or one of its Affiliates, as licensee under a Material License Agreement.

Licensee Party means either Actel or QuickLogic in its capacity as the recipient of rights under any Patent of the other party pursuant to this Agreement.

Licensee Party means a Party to this Agreement is receiving from the other Party to the Agreement a license to IP.

Licensee Party has the meaning set forth in Section 9.2.3(b).