Permitted Sublicense definition
Examples of Permitted Sublicense in a sentence
Company will provide University with a copy of the executed Sublicense, excluding any Permitted Sublicense agreement, within thirty (30) days after its execution.
Company will provide University with a copy of the executed Sublicense, excluding any Permitted Sublicense agreement, within 30 days after its execution.
Company will provide University with a copy of the executed Sublicense, excluding any Permitted Sublicense agreement, within [***] days after its execution.
Aside from the Permitted Sublicense, Program Partner shall not license, sell, rent, lease, transfer, assign, distribute, display, host, outsource, disclose or otherwise commercially exploit or make available NCWIT’s Marks to any third party.
The Parties agree that upon a Permitted Assignment, all Permitted Sublicenses to Licensee's Subsidiary Sublicensees shall terminate simultaneously with such Permitted Assignment and all Licensee's End Users shall continue to have a Permitted Sublicense pursuant to the terms contained herein.
Without the written consent of BIONOVA, DNAP shall not be entitled to materially amend or modify any such PERMITTED SUBLICENSE if such amendment or modification would cause the sublicense to no longer meet the criteria for a Permitted Sublicense.
If Licensee fails to exercise such termination rights by giving written notice to such breaching Permitted Sublicensee in question within 20 days after being requested to do so in writing by Licensor, Licensee appoints Licensor its irrevocable attorney-in-fact to send a notice of termination in the name of Licensee to such Permitted Sublicensee for the purpose of terminating the applicable Permitted Sublicense or any specific rights of such Permitted Sublicensee under such applicable Permitted Sublicense.
In the event a Permitted Sublicense is executed, Licensor shall be entitled to [***] of any upfront payment made to Licensee on account of such Permitted Sublicense.
All Permitted Sublicenses shall be pursuant to a written agreement by which the Permitted Licensee, whose performance shall be guaranteed by Licensee, shall covenant to abide by all of the terms of the License Agreement and such Permitted Sublicense shall name Licensor as a third-party beneficiary with a right of enforcement.
Notwithstanding anything in this Agreement to the contrary, any Improvement caused by RJ and/or a Permitted Sublicensee to a Ferroelectric RF/ID Product which results in a claim, action, lawsuit or legal proceeding initiated by a third party relating to such Improvement, shall be the sole responsibility of RJ and/or its Permitted Sublicense.