License of Product Intellectual Property Sample Clauses

License of Product Intellectual Property. (a) Subject to the terms and conditions of this Agreement and the License Agreement, PlayBev hereby grants to CBC during the term of this Agreement an exclusive license solely for the purpose of fulfilling CBC's duties hereunder (i) to use the intellectual property licensed from Playboy to manufacture, sell and distribute the Products in the Territory (the "Purpose"); (ii) to use the trademarks licensed from Playboy for the Purpose; and (iii) to use the recipes, formulas, manufacturing specifications and know-how related to the Product for the Purpose. The intellectual property described in clauses (i), (ii) and (iii) of the preceding sentence is referred to as the "Product Intellectual Property".
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License of Product Intellectual Property. (a) Subject to the terms and conditions of this Agreement and the License Agreements, GB hereby grants to LBC during the term of this Agreement an exclusive license solely for the purpose of fulfilling LBC’s duties hereunder (i) to use the intellectual property licensed from HUSTLER to manufacture, sell and distribute the Products in the Territory (the “Purpose”); (ii) to use the trademarks licensed from HUSTLER for the Purpose; and (iii) to use the recipes, formulas, manufacturing specifications and know-how related to the Product for the Purpose. The intellectual property described in clauses (i), (ii) and (iii) of the preceding sentence is referred to as the “Product Intellectual Property”.
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License of Product Intellectual Property. (a) Licensor hereby grants to CMC during the term of this Agreement an exclusive, including as to Licensor, worldwide license, subject to Section 3(b), to (a) use the intellectual property described in the Provisional Patent Application, the Trademark "Ball Blaster" and the stylized Ball Blaster logo, and the designs, technical drawings, manufacturing specifications and know-how, trade secrets and other proprietary information and technology, and any other patents, patent applications or inventions relating to the Product and any follow-on product developed by or on behalf of Licensor (collectively the "Product Intellectual Property") to manufacture, make, market, distribute and sell the Product and any improvements to the Product developed by CMC worldwide in all channels of trade, (b) to develop improvements to the Product utilizing the Provisional Patent Application or other Product Intellectual Property, and (c) to sublicense any of the rights granted to CMC under this Agreement, subject to the terms and conditions of this Agreement, with the prior written consent of Licensor, which consent shall not be unreasonably withheld. For the avoidance of doubt, during the term of this Agreement, Licensor shall not license any third party to manufacture, market or distribute the Product or to otherwise use the Product Intellectual Property and Licensor shall not engage in any such activities on his own behalf, unless agreed to in writing at the sole discretion of CMC.
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License of Product Intellectual Property. (a) Subject to the terms and conditions of this Agreement, Arrowhead hereby grants to DMG during the term of this Agreement an exclusive, worldwide, license (i) to use the Patent to manufacture, sell and distribute the Product (the "License"); (ii) to use the trademark "Hinge Helper" and the stylized Hinge Helper logo for the Purpose (iii) to use the designs, technical drawings, manufacturing specifications and know-how related to the Product for the Purpose, and (iv) to use the information and technology related to the Product for the Purpose (the "Product Intellectual Property") in all channels of trade other than DRTV, provided that Arrowhead shall have the distribution rights set forth in Section 3(b) hereof, and further provided, that nothing in this section or in this Agreement shall be deemed to provide DMG with an exclusive license to use the Patent or to use the Patent in any way that is not related to the Purpose. For the avoidance of doubt, during the term of this Agreement Arrowhead shall not license any third party to make, market or distribute the Product for the Purpose and, except as provided in Section 3(b) below, Arrowhead shall not engage in any such activities related to the Purpose on its own behalf.
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Related to License of Product Intellectual Property

  • Licensed Intellectual Property Section 3.17(h)(vi)...................................29

  • Third Party Intellectual Property Rights 10.7.1 Each Party shall give prompt written notice to the other of any intellectual property rights of any third party which could reasonably be considered as constituting impediment on the use of the Ipsen Licensed Technology, Joint Inventions or Joint Patent Rights in accordance with the provisions of this Agreement or on the research, development, manufacture, use, marketing, promotion, distribution, sale, import or export of Licensed Product, in which event the Parties shall agree on the strategy and procedural steps to be taken in respect of opposing and/or settling such potential impediment.

  • Third Party Intellectual Property The Manager shall assist and fully cooperate with the Successor Manager or its designated alternate service provider in obtaining any necessary licenses or consents to use any third party Intellectual Property then being used by the Manager or any Sub-manager. The Manager shall assign, and shall cause each Sub-manager to assign, any such license or sublicense directly to the Successor Manager or its designated alternate service provider to the extent the Manager, or each Sub-manager as applicable, has the rights to assign such agreements to the Successor Manager without incurring any additional cost.

  • Licenses; Intellectual Property Maintain, and cause each Subsidiary of the Borrower to maintain, in full force and effect, all licenses, franchises, Intellectual Property, permits, authorizations and other rights as are necessary for the conduct of its business, the loss of which could reasonably be expected to have a Material Adverse Effect.

  • License of Intellectual Property During the term of this Agreement and any extension or renewals thereof, each of the party's hereto hereby grants royalty free to the other party hereto the non-exclusive right and license to use any and all trademarks, trade names, service marks, logos, and other intellectual property rights owned by the granting party. The licensed intellectual property and any goodwill associated therewith are and shall at all times remain the property of the granting party.

  • Intellectual Property The Company and the Subsidiaries have, or have rights to use, all patents, patent applications, trademarks, trademark applications, service marks, trade names, trade secrets, inventions, copyrights, licenses and other intellectual property rights and similar rights necessary or required for use in connection with their respective businesses as described in the SEC Reports and which the failure to so have could have a Material Adverse Effect (collectively, the “Intellectual Property Rights”). None of, and neither the Company nor any Subsidiary has received a notice (written or otherwise) that any of, the Intellectual Property Rights has expired, terminated or been abandoned, or is expected to expire or terminate or be abandoned, within two (2) years from the date of this Agreement. Neither the Company nor any Subsidiary has received, since the date of the latest audited financial statements included within the SEC Reports, a written notice of a claim or otherwise has any knowledge that the Intellectual Property Rights violate or infringe upon the rights of any Person, except as could not have or reasonably be expected to not have a Material Adverse Effect. To the knowledge of the Company, all such Intellectual Property Rights are enforceable and there is no existing infringement by another Person of any of the Intellectual Property Rights. The Company and its Subsidiaries have taken reasonable security measures to protect the secrecy, confidentiality and value of all of their intellectual properties, except where failure to do so could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

  • Intellectual Property License Solely for the purpose of enabling the Administrative Agent to exercise rights and remedies under this Section 6 and at such time as the Administrative Agent shall be lawfully entitled to exercise such rights and remedies, each Grantor hereby grants to the Administrative Agent, for the benefit of the Secured Parties, an irrevocable, non-exclusive, worldwide license (exercisable without payment of royalty or other compensation to such Grantor), subject, in the case of Trademarks, to sufficient rights to quality control and inspection in favor of such Grantor to avoid the risk of invalidation of said Trademarks, to use, operate under, license, or sublicense any Intellectual Property now owned or hereafter acquired by the Grantors.

  • Intellectual Property Licenses Notwithstanding anything to the contrary contained in the TSA, and except as otherwise provided in Section 5.13 of the SPA, it shall be the responsibility of the Receiving Party (at the Receiving Party’s sole cost and expense) to obtain all licenses associated with the use of third party intellectual property, including but not limited to copyrights (e.g., software), trademarks and patents (and/or consents and extensions relating to such licenses), if any, necessary for the provision of Services to the Receiving Party during the Term. The Service Provider agrees to use commercially reasonable efforts to assist the Receiving Party in its negotiations with any licensors from whom the Receiving Party may require such a license (or consent or extension) during the Term. In the event the Receiving Party is unable to obtain a necessary license, consent or extension, the Services related to such license shall be removed from the scope of the TSA, without a reduction in fees or payments owed by the Receiving Party under the TSA. In all events, and in addition to (and not in limitation of) any similar rights that the Service Provider may have under the TSA, the Receiving Party shall indemnify, defend and hold the Service Provider harmless from and against any actions, liabilities and/or claims relating to the licenses and the license matters discussed in this provision. The Receiving Party’s obligation to pay any fees under this Section 1.5 shall apply whether or not such claims for fees arise from the Receiving Party’s continued or past access to or benefit from third party intellectual property. The Receiving Party also acknowledges the Service Provider’s right to initiate discussion with third party licensors that may involve the Receiving Party’s use of intellectual property. All negotiated agreements with third party licensors for the future use of or rights to intellectual property and associated services shall be at the cost of the Service Provider, provided that the Receiving Party shall bear the cost of incremental third party use fees which are specifically identified in the agreements with the third party licensors and which relate solely to the Receiving Party’s use (“Incremental License Fees”). Such Incremental License Fees shall be approved in advance in writing by the Receiving Party, which approval shall not be unreasonably withheld or delayed.

  • Intellectual Properties (a) All ownership, copyright, patent, trade secrecy and other rights in all works, designs, inventions, ideas, manuals, improvements, discoveries, processes, customer lists or other properties (the "Intellectual Properties") made or conceived by Executive during the term of his/her employment by the Company shall be the rights and property solely of the Company, whether developed independently by Executive or jointly with others, and whether or not developed or conceived during regular working hours or at the Company's facilities, and whether or not the Company uses, registers, or markets the same.

  • Intellectual Property; Software (a) Schedule 4.12 contains a list and description (showing in each case any product, device, process, service, business or publication covered thereby, the registered or other owner, expiration date and number, if any) of all Copyrights, Patent Rights and Trademarks owned by, licensed to or used by the Company.

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