Consideration for the License Sample Clauses

Consideration for the License. As a condition of the grant to use the TCK above, Licensee shall provide the consideration set forth in Exhibit A. Any fee or royalty payments required shall be sent to: Oracle America, Inc., Software Royalty Accounting Group, XX Xxx 00000, Xxxx Xxxx XX 00000.
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Consideration for the License. In consideration of the rights granted under this Agreement Cougar shall pay to XXX the following:
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Consideration for the License. In consideration for Licensor’s grant of the right and license to use the Licensed Marks as provided herein, Licensee shall issue to Licensor [ ] shares of common stock of Licensee (the “Licensee Shares”), such that, following the issuance of the Licensee Shares, Licensor shall own, free and clear of all liens, [ ] shares of common stock of Licensee, which represent all of the issued and outstanding shares of Licensee.
Sample 1
Consideration for the License. A. Licensor shall acquire a 51% (fifty-one percent) equity interest in SOS. This equity interest will survive the term of this Agreement and will continue, subject to the same terms and conditions as other equity interests in SOS.
Sample 1
Consideration for the License. The foregoing trademark license is being granted by VANIGLIA E CIOCCOLATO, INC., in consideration to the supply and distribution agreement being also entered between the parties by virtue of the ensuing provision, and from which both VANIGLIA E CIOCCOLATO, INC. and VANIGLIA E CIOCCOLATO LAB INC. will obtainfinancial gain, namely, the selling price of the products that will be sold by VANIGLIA E CIOCCOLATO LAB INC. to DIVINITUS, LLC.
Sample 1
Consideration for the License. The consideration for the grant of the license to YAK shall be One Hundred Thousand Dollars ($100,000). Simultaneously with the execution of this Agreement by the parties hereto, YAK shall pay to MainStreet the sum of twenty-five thousand ($25,000.00) dollars as initial payment on account of the full consideration, receipt of which is hereby acknowledged by MainStreet. Notwithstanding anything to the contrary contained herein, no portion of the initial payment shall be refundable under any circumstances. Upon a successful offering wherein all shares have been sold within the Offering Period, YAK shall then instruct the Escrow Agent to deduct from the proceeds of the public offering the sum of seventy-five thousand dollars ($75,000.00) and remit such sum directly to MainStreet. In the event that fewer than all of the shares offered have been sold within the Offering Period, the sum of seventy-five thousand ($75,000.00) shall nonetheless be due and payable to MainStreet within ten (10) days after the termination of the offering.
Sample 1
Consideration for the License. 5.1 In consideration for the Licensee granted herein, Licensee shall make the following payments to Licensor upon execution of this Agreement: . $XXXXXX (USD) for the pilot plant to be shipped to Temora, New South Wales upon execution of this Agreement (all shipping costs to be paid by the Licensee), . An additional $XXXXX (USD) for the pilot plant upon the earlier of XXXXXX (XX) days from release of the pilot plant from Australian customs or XXXXX (XX) days after delivery of the facility to the designated Australian port In addition, Licensee shall pay a fee of $XXXXXX (USD) as a license fee for two production lines constructed in Australia or New Zealand in the following increments: . $XXXXXX (USD) upon execution of this Agreement and delivery of the plant scope definition for a full scale production line, such plant scope definition to be provided by the Licensor within XXX months of the Effective Date, . $XXXXXX (USD) upon the earlier of XXX XXXX from the date of this Agreement or initiation of construction of the initial full scale production line, . $XXXXXX (USD) upon shipment of first commercial quantity of finished product from the initial production line, . $XXXXXX (USD) upon achievement of an equivalent of XXX% represented capacity production rates from the initial production line, and . $XXXXXX (USD) upon achievement of an equivalent of XXX% represented capacity production rates from the initial production line. The calculation of ties/year shall be in the aggregate for each production line constructed and based upon a weight of XXX pounds per tie. Such amount of ties per year is estimated to be XXXXXX per production line. Should the specifications for Australian composite sleepers be changed by regulatory or other requirement, the calculation of ties/year shall be adjusted appropriately. Payments for each subsequent two production lines constructed in the Licensee Territory shall be as follows: . $XXXXXX (USD) upon initiation of construction of such full scale production lines, . $XXXXXX (USD) upon shipment of first commercial quantity of finished product, . $XXXXXX (USD) upon achievement of an equivalent of 80% represented capacity production rates from one of the production lines, and . $XXXXXX (USD) upon achievement of an equivalent of 100% represented capacity production rates from one of the production lines. In addition to the Licensing fees, TieTek shall be granted, for a nominal investment amount, an option to receive a XX% equity or eq...
Sample 1
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Consideration for the License. 3.1 Subject to the terms and conditions of this Agreement, in consideration of the rights, privileges and license granted hereunder, the Company shall make payments to the Licensor as set forth in, and in accordance with the provisions of, this Article 3.
Sample 1

Related to Consideration for the License

  • Sublicense Grant Licensee will be entitled to grant Sublicenses to third parties under the license granted pursuant to Section 2.1 subject to the terms of this Section 2.3. Any such Sublicense shall be on terms and conditions in compliance with and not inconsistent with the terms of this Agreement. The grant of a Sublicense shall not in any way diminish or alter Licensee’s obligations under this Agreement.

  • Non-Exclusivity; Survival of Rights; Subrogation (a) The rights of indemnification and advance of Expenses as provided by this Agreement shall not be deemed exclusive of any other rights to which Indemnitee may at any time be entitled under applicable law, the charter or Bylaws of the Company, any agreement or a resolution of the stockholders entitled to vote generally in the election of directors or of the Board of Directors, or otherwise. Unless consented to in writing by Indemnitee, no amendment, alteration or repeal of the charter or Bylaws of the Company, this Agreement or of any provision hereof shall limit or restrict any right of Indemnitee under this Agreement in respect of any action taken or omitted by such Indemnitee in Indemnitee’s Corporate Status prior to such amendment, alteration or repeal, regardless of whether a claim with respect to such action or inaction is raised prior or subsequent to such amendment, alteration or repeal. No right or remedy herein conferred is intended to be exclusive of any other right or remedy, and every other right or remedy shall be cumulative and in addition to every other right or remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion of any right or remedy hereunder, or otherwise, shall not prohibit the concurrent assertion or employment of any other right or remedy.

  • Additional Indemnification Rights Non Exclusivity a. Notwithstanding any other provision of this Agreement, the Company hereby agrees to indemnify the Indemnitee to the fullest extent permitted by law, notwithstanding that such indemnification is not specifically authorized by the other provisions of this Agreement, the Articles, the By-Laws or by statute.

  • The License 3.1.1 Subject to and in accordance with the terms and conditions set forth in this Agreement, and in particular subject to the due fulfillment of all the obligations assumed towards Maha-Metro by the Licensee, Maha-Metro hereby grants and authorizes the Licensee to the following (the “Specified Purpose”) :

  • License Grant If Products include software, firmware or documentation, Supplier grants to DXC a non-exclusive, perpetual, royalty free, worldwide license to use, reproduce, display, prepare derivative works of the documentation and distribute such works, software, firmware or documentation directly or as integrated into DXC products, and to sublicense such rights to third parties. Supplier shall identify all licenses and deliver to DXC all materials required to meet the requirements of any licenses for third party software that is included in the Products. Supplier shall deliver to DXC the source code for any software licensed under a license that has a source availability requirement (such as the GNU General Public License). If the source code is not included with the material that Supplier has previously delivered, Supplier shall deliver within seven (7) days after DXC’s request the source code for any software licensed under an open source license that has a source availability requirement. Supplier grants DXC the right to duplicate and distribute the materials as necessary.

  • Sublicense Rights Subject to the terms and conditions of this Agreement, Astellas shall have the right to grant sublicenses of the rights granted to it under Section 3.1.1 and 2.5.3(c) through multiple tiers to its Affiliates, provided that Astellas shall be and remain responsible for performance of all its obligations under this Agreement, and any action by an Affiliate shall be deemed an action by Astellas for which it is responsible. Astellas and its Affiliates may grant sublicenses through multiple tiers to Third Parties (a) whose primary business is contract manufacturing, solely for manufacturing and supplying Licensed Compound or Product to Astellas or any Related Party or (b) to a subcontractor to perform Astellas’s assigned responsibilities under this Agreement or any Research Plan, Development Plan or Co-Promotion Plan. All other sublicenses to be granted by Astellas or any Astellas Affiliate in the Joint Development Territory prior to […***…] will require prior written approval from Ambit, which shall not be unreasonably withheld or delayed, provided that in the event such sublicense is to all of Astellas’s rights in the U.S. or the Joint Development Territory to a Person who is not an Astellas Affiliate such approval shall be at Ambit’s sole discretion. In the case of sublicenses pursuant to the immediately preceding sentence above, Astellas shall provide to Ambit, upon Ambit’ written request, a copy of all executed agreements in which rights granted by Ambit under this Agreement are sublicensed (and Astellas shall have the right to make reasonable redactions prior to providing such agreements(s)). Ambit shall treat all such sublicense agreements as Astellas’s Confidential Information. Astellas or its Affiliates may grant sublicenses (i) in the Joint Development Territory at any time after the first NDA Submission in the Joint Development Territory, provided that, with respect to each applicable Product in the U.S., the Required Exercise Date has occurred and Ambit has not exercised the Co-Promotion Option or the Co-Promotion Term has expired or terminated and (ii) outside the Joint Development Territory, in each case ((i) and (ii)) through multiple tiers of Sublicensees without Ambit’s approval. Each sublicense granted by Astellas pursuant to this Section 3.1.2 shall be subject and subordinate to the terms and conditions of this Agreement. Any sublicense granted by Astellas shall impose on the Sublicensee obligations consistent with the terms and conditions of this Agreement, with each Sublicensee being required to comply with the obligations under this Agreement applicable to Sublicensees, and also to comply with the generally-applicable obligations of this Agreement that are appropriate for application to Sublicensees. Astellas shall ensure that all Persons to which it (or its Affiliate) grants sublicenses comply with all applicable terms and conditions of this Agreement, and Astellas shall be responsible for any failure of any such Sublicensee to comply with such terms or conditions, with the further understanding that any action or omission by any such Sublicensee that, if committed by Astellas would be a breach of this Agreement (with respect to those country(ies)) in which such Sublicensee is sublicensed), will be deemed a breach by Astellas of this Agreement (with respect to those country(ies) in which such Sublicensee is sublicensed) for which Astellas is responsible. Without limiting the foregoing, no sublicense shall modify Ambit’s rights or obligations under this Agreement (including Ambit’s Co-Promotion rights). Without limiting the foregoing, any sublicense agreement shall contain the following provisions, as applicable: (i) a requirement that such Sublicensee submit applicable Net Sales or other reports consistent with those required hereunder; (ii) audit requirements similar to those set forth in this Agreement; and (iii) a requirement that such Sublicensee comply with the confidentiality provisions of Article 6 with respect to Ambit’s Confidential Information.

  • License Grants The licenses granted in this Section 2 are subject to the terms and conditions set forth in this XXXX:

  • Additional Indemnification Rights Nonexclusivity Scope. the Company hereby agrees to indemnify the Indemnitee to the fullest extent permitted by law, notwithstanding that such indemnification is not specifically authorized by the other provisions of this Agreement, the Company's Certificate of Incorporation, the Company's Bylaws or by statute. In the event of any change after the date of this Agreement in any applicable law, statute or rule which expands the right of a Delaware corporation to indemnify a member of its board of directors or an officer, employee, agent or fiduciary, it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits afforded by such change. In the event of any change in any applicable law, statute or rule which narrows the right of a Delaware corporation to indemnify a member of its board of directors or an officer, employee, agent or fiduciary, such change, to the extent not otherwise required by such law, statute or rule to be applied to this Agreement, shall have no effect on this Agreement or the parties' rights and obligations hereunder except as set forth in Section 10(a) hereof.

  • License of Data; Warranty; Termination of Rights A. The valuation information and evaluations being provided to the Trust by USBFS pursuant hereto (collectively, the “Data”) are being licensed, not sold, to the Trust. The Trust has a limited license to use the Data only for purposes necessary to valuing the Trust’s assets and reporting to regulatory bodies (the “License”). The Trust does not have any license nor right to use the Data for purposes beyond the intentions of this Agreement including, but not limited to, resale to other users or use to create any type of historical database. The License is non-transferable and not sub-licensable. The Trust’s right to use the Data cannot be passed to or shared with any other entity. The Trust acknowledges the proprietary rights that USBFS and its suppliers have in the Data.

  • Sublicense Fees Licensee will pay Sublicense Fees indicated in Section 3.1(e) of the Patent & Technology License Agreement on or before the Quarterly Payment Deadline for the Contract Quarter.

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