Underlying License definition
Examples of Underlying License in a sentence
Upon receipt of notice of termination of an Underlying License Agreement, the Client shall cease using the applicable Market or Reference Data.
If less than 85 % of the aggregate Spectrum Holdings of the Spectrum Entities fail to be ESC-compliant based upon the compliance percentage assessed on the basis of FCC License or Underlying License (as defined below), as the case may be, from which the Spectrum Holding is derived, as provided in this Section 7.12, then the Company will take all commercially reasonable efforts to bring the Spectrum Holdings into at least 85 % ESC compliant within 90 days.
If any 3PM incorporated into a Deliverable is not commercially available as a separate product offering, SP agrees to obtain for GE an Underlying License conveying a non-exclusive, royalty-free, perpetual, irrevocable, worldwide, fully paid-up, sublicenseable (through all tiers) right which allows GE and its authorized designees to use the 3PM as incorporated, at no additional charge to GE.
If at any time less than 85% of the aggregate Spectrum Rights of the Spectrum Entities are ESC-compliant based upon the compliance percentage assessed on the basis of FCC License or Underlying License (as defined below), as the case may be, from which the Spectrum Rights are derived, as provided in this Section 7.11, then the Borrower will take all commercially reasonable efforts to bring the Spectrum Rights into at least 85% ESC compliant within 90 days.
If any 3PM incorporated into a Deliverable is not commercially available as a separate product offering, Supplier agrees to obtain for Buyer an Underlying License conveying a non-exclusive, royalty-free, perpetual, irrevocable, worldwide, fully paid-up, sublicensable (through all tiers) right which allows Buyer and its authorized designees to use the 3PM as incorporated, at no additional charge to Buyer.
In the event TomoTherapy does not desire to exercise such first right, it shall provide prompt notice thereof to ▇▇▇▇, and will provide to ▇▇▇▇ whatever rights TomoTherapy has under the Underlying License to undertake and control such efforts to obtain a discontinuance of misappropriation or infringement of the LNLL Patents.
If the royalty rate on Net Sales of Licensed Services owed to LLNL under the Underlying License is amended, than this subsequent amended royalty rate owed to LNLL will replace the {*****} royalty under this Paragraph.
B.6.3 At the conclusion of the CRADA, either through termination or six (6) months after completion, ▇▇▇▇ will have the opportunity to review all inventions generated during the course of the CRADA, to decide which inventions are needed to commercialize the Invention, and to seek amendment to Exhibit A to include such inventions, at which time all the future rights identified in this Paragraph B.6.3 would have been listed in Exhibit A, subject to LLNS’ agreement to amend the Underlying License accordingly.
B.4.1 LICENSEE may make a written request to TomoTherapy to add some Category 2 Patents to this License, and TomoTherapy agrees to amend Exhibit A of this License accordingly provided that LICENSEE pays any additional fees if required, as provided in Paragraph 12.1.2 of this Agreement, and provided further that LLNS agrees to amend the Underlying License accordingly.
As used herein, the term "full force and effect" with respect to any FCC Lcense or Underlying License means that to our knowledge based upon the above described review of certain FCC electronic files: (a) the order issuing the FCC License or Underlying License has become effective; (b) no stay of effectiveness of such order has been issued by the FCC; and (c) the FCC License or Underlying License has not been invalidated by any subsequent published FCC action.