Common use of SMI Covenant Clause in Contracts

SMI Covenant. Subject to the SMI Covenant set forth in 6 (b)(i),but subject to the provisions of section 5.4 of the Patent Purchase Agreement, IGT and SMI both have the right to make, have made, use, sell, have sold, import, and export products under the ENPAT Patents [...***...] provided, however, if such use avoids royalties that would otherwise be due from PGIC, then PGIC will remain responsible for such royalties.

Appears in 3 contracts

Samples: Development and Integration Agreement, Product Development and Integration Agreement (Mikohn Gaming Corp), Patent Purchase Agreement (Mikohn Gaming Corp)

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SMI Covenant. Subject to the SMI Covenant set forth in 6 (b)(i),but subject to the provisions of section 5.4 of the Patent Purchase Agreement, IGT and SMI both have the right to make, have made, use, sell, have sold, import, and export products under the ENPAT Patents [...***...] provided, however, if such use avoids royalties that would otherwise be due from PGIC, then PGIC will remain responsible for such royalties.

Appears in 1 contract

Samples: Product Development and Integration Agreement (Shuffle Master Inc)

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