Licences In definition

Licences In means any material licence of Intellectual Property Rights which has been granted by a third party to a Target Company in relation to its business or any part of it;

Licences In means an agreement by a third party to license or sub-license Intellectual Property Rights to a Group Company;

Licences In means licences, agreements, authorisations and permissions pursuant to which the Group uses, exploits or holds (or is permitted to use, exploit or hold) any Intellectual Property Rights belonging to any third party;

Examples of Licences In in a sentence

• None of the Licences In is due to expire on or before December 31, 2013.

• No Intellectual Property Rights other than the Business IPR, the Target Company IPR and the Target Company Licences In are required or necessary in order to carry on the European Business as currently carried on.

• The Disclosure Letter lists all material Licences In. No Target Company has received written notice alleging that a Target Company or (in relation to the Business) the Business Seller is in breach constituting grounds for termination of any material Licence In. For the purpose of this paragraph 2, a material Licence In means a licence that contains aggregate payment obligations and/or rights to receive monies by any party of €50,000 or more.

• Technical Report Summary forKusasalethu Mine, Gauteng Province, South Africa Table 17-1: Status of Environmental Permits and Licences In addition, the operation has retained its ISO14001 accredited and conforms the requirements of ISO14001: 2004 standard, the operation is also International Cyanide Management Institute (“ICMI”) accredited and audited annually as per ISO14001 requirements and Cyanide Management Code.

• The material Licences In are listed in schedule 5, and none of the material Licences In are due to expire on or before 6 months from the date of this Agreement.

More Definitions of Licences In

Licences In means the licences of Intellectual Property or know-how granted to the Company or a member of the Sellers' Group in relation to the Business by third parties;

Licences In means written agreements whereby the Group Companies use or exploit any Intellectual Property belonging to a third party as specified in Schedule 4 Part 1;

Licences In and “Licences Out” are as defined in paragraph 18 of Part 1 of Schedule 6 (Intellectual Property Rights);

Licences In has the meaning given to it in paragraph (a) of the definition of Intellectual Property Agreements;

Licences In has the meaning given to it in paragraph (a) of the definition of Intellectual Property Agreements; "Licences-Out" has the meaning given to it in paragraph (b) of the definition of Intellectual Property Agreements; "Loan Note Interest Net Amount" means the sum of US$41,712.62; "Loan Note Interest WHT Amount" means the sum of US$8,785.24; "Loan Notes" means the unsecured convertible loan notes of £1.00 issued to certain Sellers pursuant to the terms of a convertible loan note instrument dated 3 April 2012; "Loss" means any loss, damage, liability, fine, penalty, charge and any other cost and expense including any costs of recovery (including all legal and professional costs and expenses reasonably incurred in connection therewith); "Management Accounts" means the management accounts of the Company comprising the balance sheet as at the Management Accounts Date and the profit and loss account for the months commencing on the day immediately following the Accounts Date and ending on the Management Accounts Date, in each case in the agreed form; "Management Accounts Date" means 31 December 2014; "NIC Election" means a joint national insurance contributions election pursuant to paragraph 3B(1) of Schedule 1 of SSCBA 1992 in respect of Exchange Shares to be issued by the Buyer; "OEM Agreement" means an agreement under which one party agrees to manufacture products for and to test, deliver and/or provide support and training to another party in respect of products to be resold by that other party or any similar agreement or arrangement; "Open Source Code" means any software code that is distributed as "free software" or "open source software" or is otherwise distributed publicly in source code form under terms that permit modification and redistribution of such software. Open Source Code includes software code that is licensed under the GNU General Public License, GNU Lesser General Public License, Mozilla License, Common Public License, Apache License, BSD License, Artistic License, or Sun Community Source License; "Option Exercise Notice" means the agreed form deed by which AS will exercise his option over the Option Shares immediately prior to Completion and pursuant to which he will, among other things, instruct the Buyer to pay to the Company the amounts prescribed in clause 3.5 of this agreement;

Licences In means the licences of Intellectual Property Rights which have been granted to a member of the Group;

Licences In and “Licences Out” have the meanings given in paragraph 20.1 of Schedule 7;