Valid Licensee definition

Valid Licensee means a person or entity to which Si2 grants a copyright license to a Specification that has been approved by the Project. For the avoidance of doubt, each Project Member is hereby deemed a worldwide Valid Licensee and, subject to the terms of the applicable license agreement between such Project Member and Si2, may exercise such rights perpetually and irrevocably.
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Examples of Valid Licensee in a sentence

  • If a Member does not disclose any Necessary Patent Claim(s) owned or controlled by such Member or an Affiliate of such Member in connection with a Contribution by such Member as required under Section II.A.2, the Member shall be deemed to have agreed, for itself and for its Affiliates, to ▇▇▇▇▇ ▇▇▇▇ Licenses under the applicable Necessary Patent Claim(s) with respect to the applicable Specification to Si2 and to each Valid Licensee of such Specification.

Related to Valid Licensee

  • Sub-Licensee means all person/ agency with whom Licensee has executed sub license agreement as per terms and conditions of license agreement executed between DMRC and the Licensee, for commercial utilization of the Bare Spaces.

  • 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 Mark;

  • Licensed IP means the Licensed Patents and the Licensed Know-How.

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