Most Favored Licensee definition

Most Favored Licensee. Xenogen agrees that it will not grant, to any commercial entity, a Commercial Use License with no milestone, royalty or per-use fees, to use the Xenogen Technology for All Fields, for a per-year license fee which is less than the per-year license fee paid by IRM under this Agreement. In the event that Xenogen does grant such a license to any other commercial entity, Xenogen will refund or credit IRM the difference. This clause shall not apply to any settlements for past infringement.
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Most Favored Licensee means that Licensee will not, with respect to any royalty payment to which said status is accorded, be subject to terms and conditions which are less favorable to Licensee than any other third party paying the same royalty payment with respect to a Licensed Product or Licensed Process within the Licensed Field of Use.
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Most Favored Licensee. Xenogen agrees that if it grants to any pharmaceutical or biotechnology company that is among the 20 largest pharmaceutical and biotechnology companies in the world, measured by either market capitalization or annual sales, a Commercial Use License with no milestone, royalty or per-use fees, to use the Xenogen Technology for All Fields, for a per-year license fee which is less than the per-year license fee paid by IRM under this Agreement (as amended effective July 12, 2003), then Xenogen shall refund or credit IRM the difference between such license fee paid by IRM and such lower license fee paid by such other company. This clause shall not apply to any settlements for past infringement.
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Examples of Most Favored Licensee in a sentence

  • Thereafter, Defendant obtained new counsel and the parties attempted to resolve the issue with regard to the Most Favored Licensee provision.

  • Effectiveness of interventions to promote screening for diabetic retinopathy.

  • Most Favored Licensee The rate granted to the Company in consideration for the grant of license to use and exploit the TELUPAY Services shall be no less favorable than those granted to any other licensee of TELUPAY.

  • Samsung ent ered i nto agr eements w ith I nterDigital f or bot h t echnology development and a pat ent l icense agreement.As par t of an ar bitration pr oceeding concluded in 2002, Samsung elected, pursuant to its Most Favored Licensee clause, to have its royalty obligations commencing January 1, 2002 for its 2G TDMA-based wireless communication products be triggered in accordance with the terms of InterDigital's patent license agreement with Nokia.


More Definitions of Most Favored Licensee

Most Favored Licensee as used herein, means the third party licensee which enjoys the most favorable terms considered as a whole. Terms to be considered in evaluating the license include, but are not limited to, access time, royalty rate and other terms, and whether such license imposes one or more substantial obligations imposed under this Agreement.
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Most Favored Licensee clause shall be provided as to future granted licenses and, to the extent practical, parity as to the essential economic terms with previously granted licenses;
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Related to Most Favored Licensee

  • Sublicensee means a third party to whom LICENSEE grants a sublicense of certain rights granted to LICENSEE under this Agreement.

  • Third Party Licensor means the relevant licensor of any Third Party Data or any Third Party Trade Xxxx;

  • License Key means a unique key-code that enables Licensee to run Software subject to the obtained User Pack.

  • Licensed Service means a service provided using Licensed Products or Licensed Methods, including, without limitation, any such service provided in the form of contract research or other research performed by Licensee on behalf of a third party.

  • Non-Microsoft Product means any third-party-branded software, data, service, website or product, unless incorporated by Microsoft in a Product.

  • Third Party Royalties means royalties payable by either Party to a Third Party in connection with the manufacture, use or sale of Franchise Products.

  • Third Party License means licenses from third parties governing third party software embedded or used in the Trading Platform.

  • Licensee has the meaning set forth in the preamble.

  • License Type means the identification of whether the license for a Software Product is for a Perpetual Term or Subscription Term as specified in the Quote.

  • Licensed User means an employee, contractor or agent of Client who is authorized by Client to access and use the Licensed Software, to whom a password and user ID has been issued by Client and whose access to the Licensed Software has not been terminated, suspended or surrendered.

  • End User License means any license terms imposed by any Third Party Vendor on Customers and End Users. “Force Majeure Event” means an event or occurrence:

  • Licensed producer means a person or entity licensed to produce medical cannabis.

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

  • Sublicensing Revenue means all (i) cash, (ii) sublicensing fees and (iii) all other payments and the cash equivalent thereof, which are paid to LICENSEE by the Sublicensees of its rights hereunder, but excluding the following payments:

  • Reseller means an entity authorized by Microsoft to resell Licenses under this program and engaged by an Enrolled Affiliate to provide pre- and post-transaction assistance related to this agreement;

  • End User License Agreement means a license grant or end user license agreement governing software as further described in this Agreement or any applicable Appendix.

  • Licensed Material means the artistic or literary work, database, or other material to which the Licensor applied this Public License.

  • Publisher means any person or entity that distributes copies of the Document to the public.

  • Third Party Product means a product (whether hardware, software or services) supplied to you by a third party;

  • the Licensee means the person or persons to whom this licence is granted, his personal representatives and any person or persons to whom the rights conferred by this licence may lawfully have been assigned;

  • Software License means a license for the Software granted under this XXXX to the Licensee;

  • Licensed Services means all functions performed by the Licensed System.

  • Licensor means the copyright owner or entity authorized by the copyright owner that is granting the License.

  • Licensing Site means xxxx://xxx.xxxxxxxxx.xxx/licensing/contracts or a successor site. “Non-Microsoft Product” is defined in the Online Services Terms.