Contribution Back Clause Samples
A Contribution Back clause requires that any improvements, modifications, or derivative works made by a licensee to licensed intellectual property are granted back to the original licensor, often under similar licensing terms. In practice, this means if a company uses open-source software and develops enhancements, those enhancements must be shared with the original creator or community. This clause ensures that the licensor and potentially the broader user community benefit from ongoing development, preventing proprietary lock-up of improvements and fostering collaborative innovation.
Contribution Back. In the event any amount of Trust Assets released to a party under this Agreement is invalidated, declared to be fraudulent or preferential or must otherwise be restored or returned by the Trustee in connection with the insolvency, bankruptcy or reorganization of such party, whether by order of or settlement before any court or other authority or otherwise, such party shall contribute back to the Trust an amount such that such party will be affected by that invalidation, declaration, restoration or return ratably in proportion to the distributions it received under this Agreement, together with any related assignment, release or other instrument or document the Trustee may request to restore the status quo ante .
Contribution Back. In the event any amount of Liquidating Trust Assets released to a party under this Liquidating Trust Agreement is invalidated, declared to be fraudulent or preferential or must otherwise be restored or returned by the Liquidating Trustee in connection with the insolvency, bankruptcy or reorganization of such party, whether by order of or settlement before any court or other authority or otherwise, such party shall contribute back to the Liquidating Trustee an amount such that such party will be affected by that invalidation, declaration, restoration or return ratably in proportion to the distributions it received under this Agreement, together with any related assignment, release or other instrument or document the Liquidating Trustee may request to restore the status quo ante.
Contribution Back. In the event any amount of Liquidating Trust Assets released to a party under this Liquidating Trust Agreement is invalidated, declared to be fraudulent or preferential or must otherwise be restored or returned by the Liquidating Trustee in connection with the insolvency, bankruptcy or reorganization of such party, whether by order of or settlement before any court or other authority or otherwise, such party shall contribute back to the Liquidating Trustee an amount such that such party will be affected by that invalidation, declaration, restoration or return ratably in proportion to the distributions it received under this Agreement, together with any related assignment, release or other instrument or document the Liquidating Trustee may request to restore the status quo ante. ARTICLE VIII PROTECTION OF PERSONS DEALING WITH THE LIQUIDATING TRUSTEE 8.1 Action by Liquidating Trustee. All action required or permitted to be taken by the Liquidating Trustee, in its capacity as Trustee, shall be taken by a written vote, resolution, or other writing signed by the Liquidating Trustee, or if there is more than one Liquidating Trustee then serving, signed by a majority of them. 8.2 Reliance on Statements by the Liquidating Trustee. Any Person dealing with the Liquidating Trustee shall be fully protected in relying upon the Liquidating Trustee’s certificate or instrument signed by the Liquidating Trustee that it has authority to take any action under this Liquidating Trust. ARTICLE IX
Contribution Back. The Company, and by signing below, each of the ------------------ Operating Partnerships agrees that in the event any amount of Cash Collateral Fund released to the Company or any other person under this Agreement is invalidated, declared to be fraudulent or preferential or must otherwise be restored or returned by the Account Agent in connection with the insolvency, bankruptcy or reorganization of the Company or other person, whether by order of or settlement before any court or other authority or otherwise, the Company and such other person shall contribute back to the Account Agent an amount such that each will be affected by that invalidation, declaration, restoration or return ratably in proportion to the distributions it received under this Agreement, together with any related assignment, release or other instrument or document the Account Agent may request to restore the status quo ante. 13.