Fully-Paid License. Upon expiration of the Term (but not termination under Section 7.1 or 7.2) the license granted to LICENSEE in Section 2.1 shall become a perpetual, irrevocable, fully-paid license.
Fully-Paid License. Upon expiration of the Term the license granted to Sinotau in Article II shall become a perpetual, irrevocable, fully-paid license. For the purpose of clarity, upon expiration of the Term of this Agreement, Sinotau’s obligations to FluoroPharma under clauses 5.1, 5.2 and 5.3 shall cease.
Fully-Paid License. In addition to any other payments to be made by HUS to ------------------ ATL under the provisions of this Agreement, HUS shall make a one-time payment to ATL to obtain a fully paid license to use the ATL Technology in accordance with and subject to the terms and conditions in this Agreement in the event any of the following events occur:
Fully-Paid License. Upon (a)
Fully-Paid License. In order to compensate ATL for use of the ATL Technology under direction or control of a third party, SonoSight shall make a one-time payment to ATL to obtain a fully paid license to use the ATL Technology in accordance with and subject to the terms and conditions in this Agreement in the event of either of the following:
Fully-Paid License. The License is fully-paid, and no additional consideration or royalty is required to be paid by the Company hereunder.
Fully-Paid License. Upon (a) the date of Pilot System Acceptance and (b) County’s payment to Contractor of all approved invoiced amounts for Tasks 1 through 8 of Exhibit B (Statement of Work), including the Baseline Application License, Baseline Application configuration and implementation, Customizations, Baseline Interfaces, training and other Work required to be provided pursuant to this Agreement prior to the Pilot System Acceptance ("Pilot Installation Cost"), this License is and shall be a fully paid, irrevocable License to the Application Software and the Source Code as a whole, in each case, as modified by the Work performed under this Agreement, which License survives the termination or expiration of this Agreement for any reason.
Fully-Paid License. In order to compensate ATL for use of the ATL ------------------ Technology under direction or control of a third party, SONO shall make a one-time payment to ATL to obtain a fully paid license to use the ATL Technology in accordance with and subject to the terms and conditions in this Agreement in the event of either of the following: SONO License 5 April 2, 1998
Fully-Paid License. In order to compensate ATL for use of the ATL Technology under direction or control of a third party, SonoSight shall make a one-time payment to ATL to obtain a fully paid license to use the ATL Technology in accordance with and subject to the terms and conditions in this Agreement in the event of either of the following: (a) a license fee of One Hundred Fifty Million Dollars is due and payable if, during the first five years following the Effective Date, fifty percent or more of the securities entitled to vote for the election of directors of SonoSight are acquired directly or indirectly by a single person or entity, or by a combination of persons or entities under the control of a single person or entity, or a majority of the SonoSight board of directors is controlled by a single person or entity; or (b) a license fee of Seventy-five Million Dollars is due and payable if, during the sixth, seventh, or eighth year following the Effective Date, fifty percent or more of the securities entitled to vote for the election of directors of SonoSight are acquired directly or indirectly by a single person or entity, or by a combination of persons or entities under the control of a single person or entity, or a majority of the SonoSight board of directors is controlled by a single person or entity, which person(s) or entity(s) is engaged in the medical diagnostic imaging business other than by manufacture or sale of SonoSight Handheld or Highly Portable Ultrasound Devices. No payment shall be made to ATL if any of the events described in Section 2.3. occur at any time after the end of the eighth year following the Effective Date. In the event SonoSight does not make the one-time payment to ATL as described above following demand from ATL, the license to use the ATL Technology set forth in this Agreement shall terminate immediately and with no further action on the part of ATL. In that event, SonoSight immediately shall return to ATL any and all material given to SonoSight by ATL embodying all or any portion of the ATL Technology, and any and all copies of the material in SonoSight's possession or under SonoSight's control. SonoSight acknowledges that the ATL Technology has been created and developed by ATL over a substantial period of time, at a considerable expense, and gives ATL a significant commercial advantage. SonoSight further acknowledges that a third party who acquired the ATL Technology would gain a considerable commercial advantage without making an inves...
Fully-Paid License
