Resale Right definition

Resale Right has the meaning given in regulation 3 of the Regulations and relates to the Artistic Works created solely or jointly by the Artist;

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Resale Right shall have the meaning set forth in Section 9.2.

Resale Right means an irrevocable credit for an amount paid, which credit entitles the Company to one right to transfer the Software, or any part thereof, under a license or lease to any Third-Party in a Value Added transaction, and which right may be carried over indefinitely from year to year until used in accordance with the terms of this Agreement.

Examples of Resale Right in a sentence

• Reseller may access and use the APEX Service only: (i) during the Subscription Term; (ii) as necessary to exercise the Resale Right; (iii) as otherwise permitted by the Customer, subject to Customer’s rights to grant any such access and use as provided in the Flow Down Terms and the Service Offering Description; and (iv) in accordance with the Agreement.

• You may access and use the APEX Service only (i) as necessary to exercise the APEX Resale Right and (ii) as otherwise permitted by the Customer, subject to Customer’s rights to grant any such access and use as provided in the APEX Agreement.

• Fractions of a Resale Right (if any) arising under the foregoing shall always be rounded upward to the nearest whole Resale Right.

• Unless expressly agreed otherwise in writing the Resale Right will be charged to the Client.

• The Agreement is comprised of the Artist’s Resale Right Term Sheet and these Terms and Conditions.

• This Agreement may be executed in any number of counterparts (including by way of faxed or scanned counterparts) and all counterparts shall together constitute one and the same Agreement, and the date of the Agreement shall be the date specified on the Artist’s Resale Right Term Sheet, or, if not specified, the date on which it is executed by the last party.

• Where the Owner gives notice to DACS, such notice shall be addressed to the Artist’s Resale Right Manager at DACS and receipt of such notice shall be acknowledged by DACS in writing with 14 days of receipt.

• You may access and use the APEX Service only: (i) as necessary to exercise the APEX Resale Right; and (ii) as otherwise permitted by the Customer, subject to Customer’s rights to grant any such access and use as provided in the APEX Agreement.

• This Agreement embodies all the terms agreed between the parties relating to the Resale Right and no oral representations, statements, inducements, warranties or promises by either party shall be binding and valid.

• Upon the request of the General Partner, in connection with any Resale Right, each Other Partner shall execute a customary contribution agreement regarding the obligations pursuant to such sale.