MACROs Structure definition
Examples of MACROs Structure in a sentence
Each Licensee acknowledges that the Licensed Patents and Know-How, the MACROs Structure and the Marks are and, under all circumstances shall remain, the sole and exclusive property of Licensor.
Licensees acknowledge that Licensor shall own all improvements, modifications and derivative works of the MACROs Structure and the Licensed Patents and Know-How whether made by Licensor or any Licensee, alone or in combination (collectively, "Improvements").
Licensor and Licensees desire to enter into a limited, non-exclusive, non-transferable, fee-based license so as to allow the Licensees to issue MACRO Holding Shares utilizing the MACROs Structure, based on the Licensor's Patented Product (as defined herein), and the Licensor's Marks.
Each Licensee expressly agrees that the Licensor grants no rights to use the Licensed Patents and Information, the MACROs Structure or the Marks other than those specifically described and expressly granted herein.
Each Licensee acknowledges that the Licensed Patents and Information, the MACROs Structure and the Marks are and, under all circumstances shall remain, the sole and exclusive property of the Licensor.