Limited License Agreement Sample Clauses
A Limited License Agreement grants a user specific, restricted rights to use certain intellectual property, such as software, content, or technology, under defined conditions. Typically, this clause outlines what the licensee can and cannot do, such as prohibiting redistribution, modification, or commercial use beyond the agreed scope. By clearly delineating the permitted uses, the clause protects the licensor’s rights while allowing the licensee to utilize the property for approved purposes, thereby minimizing misuse and legal disputes.
Limited License Agreement. For no additional consideration, Buyer hereby irrevocably grants to Sellers access to, and an irrevocable, royalty free license to use the computer hardware, software and infrastructure associated with the E-Commerce Business and necessary Business Records to complete the GOB Sales (which GOB Sales are subject to Section 5.2(c)) and the Sellers’ plan of reorganization, provided that Sellers shall be liable for any incremental costs to Buyer as a result of Sellers’ use of such hardware, software or infrastructure, as determined by Buyer and Sellers in good faith.
Limited License Agreement. The Group acknowledges that World Cynosport Rally Limited or one of WCRL’s affiliated companies, is the exclusive owner of the registered trademarks and declared services marks (hereinafter referred to as “Marks”)—WCRL logo, line art dog graphic as an element of the WCRL logo, and the titles Rally ChampionSM (ARCHSM), Rally Champion ExcellentSM (ARCHX SM), Rally Champion ExtraordinaireSM (ARCHEX SM), and Rally Master ChampionSM (ARCHMX SM). The above Marks shall always conform to proper presentation style, with either the first letter of each word capitalized followed by the appropriate “®” or “SM”. WCRL grants nonexclusive rights of limited use of the Marks during the term of this Agreement solely for the promotion of Group and WCRL-licensed Trials and in no way transfers any ownership interest in the Marks or of any other marks which it may declare in the future to Group. Use of the WCRL logo and other service marks, other than as expressly provided herein, is prohibited without the express written consent of the WCRL or WCRL affiliated companies. Further, during the term of this Agreement Group is granted permission to reproduce WCRL rules & regulations for their own use in promoting WCRL. Such reproductions shall include a link or textual reference to the original source of the regulations on the WCRL website at ▇▇▇▇▇▇▇▇▇.▇▇▇.
Limited License Agreement. Limited License Agreement dated March 14, 2006 made by Borrowers.
Limited License Agreement. In order to facilitate the sale of the Inventory and collection of Seller’s receivables, Purchaser and Seller shall enter into a Limited License Agreement at Closing, in the form set forth in Exhibit D hereto, pursuant to which Purchaser shall grant Seller a royalty-free Limited license to use the WGU Trademarks for the sole purpose of selling the Inventory until such time as the Inventory is sold, or otherwise disposed of, in its entirety not to exceed the duration of the Earn Out Period plus 60 days thereafter under any circumstances.
Limited License Agreement