Patent Licence definition

Patent Licence means rights under any written agreement now owned or hereafter acquired by Borrower granting any right with respect to any invention on which a Patent is in existence.

Patent Licence means an agreement whereby the patentee licenses under Section 38 or Sections 65 and 38 a licence to exercise the rights under Sections 36 and 37 or Section 65 and 37, as the case may be, for a fixed period of time whether or not remuneration or provisions relating to other matters are included,

Patent Licence means rights under any written agreement now owned or hereafter acquired by the Grantor granting any right with respect to any invention on which a Patent is in existence;

Examples of Patent Licence in a sentence

• Accordingly, the patent royalty paid by NEC Newco to NEC pursuant to the NEC Patent Licence Agreement increased corresponding with the sales of the Products from NEC Newco to NEC pursuant to the Supply Agreement.

• It is anticipated that the Existing Supply Annual Caps and the Existing Royalty Annual Caps for the three financial years ending 31 March 2014, 2015 and 2016 and for the period from 1 April 2016 and ending on 1 July 2016 will be insufficient to cater for the now expected increase in sale of the relevant products and the corresponding increase in the patent royalty payable by NEC Newco to NEC pursuant to the NEC Patent Licence Agreement.

• In September 2018, Liberty entered into an Exclusive Patent Licence Agreement (“Patent Agreement”) with the Massachusetts Institute of Technology (“MIT”) for active imaging technology, the core technology behind the Company’s HEXWAVE product.

• The royalty under the NEC Patent Licence Agreement is calculated with the fixed royalty rate of 0.03% over gross sales of the NEC Newco Licensed Products.

• Based on the above, the Directors consider that the methods and procedures can ensure that the transactions under the Supply Agreement and the NEC Patent Licence Agreement are conducted on normal commercial terms and not prejudicial to the interest of the Company and its shareholders as a whole.

More Definitions of Patent Licence

Patent Licence the licence in the agreed terms to be entered into at Completion between the CooperVision Inc. and the Patent Owners relating to the Patents;

Patent Licence means the patent licence relating to US patent no 5982736;

Patent Licence means an agreement in the Agreed Terms amending the

Patent Licence means any written agreement, now or hereafter in effect, (a) granting to any third Person any right to make, use or sell any invention on which a Patent, now or hereafter owned by any Grantor or that any Grantor otherwise has the right to licence, is in existence, or (b) granting to any Grantor any right to make, use or sell any invention on which a Patent, now or hereafter owned by any third Person or that any third Person otherwise has the right to licence, is in existence, and all rights of any Grantor under any such agreement.

Patent Licence means the perpetual royalty free patent licence from the Vendor to a Target Company as described in Part 2 of Schedule 9.

Patent Licence means any written agreement to which a Grantor is a party granting to such Grantor any right to make, use or sell any invention covered by a Patent owned by any third party (including, without limitation, any such rights that such Grantor has the right to licence) and all rights of any Grantor under any such agreement. “Patents” shall mean all of the following which any Grantor owns: (a) all letters patent of Canada, the United States or the equivalent thereof in any other country or jurisdiction, including those listed on Schedule II, and all applications for letters patent of Canada, the United States or the equivalent thereof in any other country or jurisdiction, including those listed on Schedule II, (b) all provisionals, reissues, extensions, continuations, divisions, continuations- in-part, reexaminations or revisions thereof, and the inventions disclosed or claimed therein, including the right to make, use, import and/or sell the inventions disclosed or claimed therein, (c) all claims for, and rights to xxx for, past or future infringements of any of the foregoing and (d) all income, royalties, damages and payments now or hereafter due and payable with respect to any of the foregoing, including damages and payments for past or future infringement thereof. “Permitted Liens” shall mean each of the Liens permitted pursuant to Section 4.12 of the Indenture. “Pledged Collateral” shall have the meaning assigned to such term in Section 2.01(e). “Pledged Debt Securities” shall have the meaning assigned to such term in Section 2.01. “Pledged Equity Securities” shall have the meaning assigned to such term in Section 2.01(a). “Qualified CFC Holding Company” means, in relation to any Grantor, a Person (a) that is a wholly owned subsidiary of such Grantor and (b) who has no material assets other than Equity Interests in Foreign Subsidiaries that are CFCs in relation to such Grantor or such Person. “Receiver” means an interim receiver, a receiver, a manager or a receiver and manager.

Patent Licence means a licence of various intellectual property rights including registered patent rights in the agreed form to be entered into on Completion between the Seller (1) and the Company (2).