The License Agreement. The terms “License Agreement” and “Agreement” as used in this document mean the provisions in this document, the terms and conditions of the Residence Hall Handbook, Residence Hall Rate Schedule, University of Idaho Residential Data Connection Privilege Agreement, Fire Safety Regulations, Student Code of Conduct, and all other University policies, as amended from time to time, each of which is available on the University Housing website and all of which are incorporated by this reference and fully integrated into this License Agreement.
The License Agreement. Concurrently with the execution of the Master Lease, SCI and PropCo executed and delivered the License and Reservation Service Agreement (the “License Agreement”), dated as of November 7, 2007, pursuant to which SCI agreed to provide to PropCo, among other things, certain trademarks (both exclusive and non-exclusive), the use of certain customer lists and other items identified therein, and the use of SCI’s common reservation system (the “Licensed Assets”). In addition to providing the Licensed Assets, without limiting the agreements contained in the License Agreement, SCI also agreed to provide, under certain circumstances, after termination of the Master Lease: (i) an eighteen month license on certain specified trademarks; (ii) non-exclusive use of certain lists of Primary Customers (as defined in the License Agreement) for advertising purposes for an eighteen month period; and (iii) non-exclusive use of SCI’s common reservation system for the same eighteen month period.
The License Agreement. Promptly following Pfizer’s receipt of an Opt-In Notice, Pfizer and the Company shall promptly meet to finalize and execute a license agreement in the form attached as Exhibit 7.2.2 (each such license agreement, a “License Agreement”); provided that, before execution, each License Agreement shall be updated to include:
The License Agreement. W hat is a license agreement? In a broad sense, a license is simply an authority or permission to do what is otherwise wrongful or illegal and, in ordinary usage, it extends to the document certifying or recording that the appropriate permission has been given by the competent authority. A license is normally created where a person is granted the right to use premises without becoming entitled to exclusive possession of them—this is important to the City. If the agreement is merely for the use of the property in a certain way and on certain terms while the property remains in the owner’s possession and control, the agreement operates as a license. Significantly, a license does not create any estate or interest in the property to which it relates. It only makes an act lawful which otherwise would be unlawful. A license, with respect to real property, is the authority to do an act with respect to the land which would otherwise constitute a trespass. A license does not pass an interest in the property. Rather, it is only a personal privilege with respect to the land. In order to help avoid a misunderstanding of the parties, and with a desire to reduce the risk for litigation to determine the intent of the parties, it is advisable that any license granted by the City be reduced to writing. W hy require a license agreement? If the City grants a landowner a license to come upon and use or encroach upon the City property or right-of-way, the City needs a written license agreement, approved by the City Council, outlining the legal requirements of the licensee2 in being granted the license. For example, some significant aspects of a license agreement require
The License Agreement. W hat is a license agreement? In a broad sense, a license is simply an authority or permission to do what is otherwise wrongful or illegal and, in ordinary usage, it extends to the document certifying or recording that the appropriate permission has been given by the competent authority. A license is normally created where a person is granted the right to use premises without becoming entitled to exclusive possession of them—this is important to the City. If the agreement is merely for the use of the property in a certain way and on certain terms while the property remains in the owner’s possession and control, the agreement operates as a license. Significantly, a license does not create any estate or interest in the property to which it relates. It only makes an act lawful which otherwise would be unlawful. A license, with respect to real property, is the authority to do an act with respect to the land which would otherwise constitute a trespass. A license does not pass an interest in the property. Rather, it is only a personal privilege with respect to the land. In order to help avoid a misunderstanding of the parties, and with a desire to reduce the risk for litigation to determine the intent of the parties, it is advisable that any license granted by the City be reduced to writing. W hy require a license agreement? If the City grants a landowner a license to come upon and use or encroach upon the public right-of-way, the City needs a written license agreement, approved by the City Council, outlining the legal requirements of the licensee (the party being given permission to enter upon and use the public right-of-way in some manner) in being granted the license. For example, some significant aspects of a license agreement require (a) the licensee to indemnify and hold harmless the licensor (in this case, the City); and (b) the licensee to provide appropriate liability insurance naming the City as an additional named insured in the event some accident takes place within the public right-of-way where the license has been granted. There are, of course, other important requirements set out in the license agreement. The City needs protection and the ability to terminate the license at any time. Hopefully, this memorandum has been helpful, but, of course, should you have any questions or comments, please do not hesitate to contact me. PAUCH LLC 8 0000 XXXX XX X 00XX XXX 000 X 00XX XXX NO0337 2!! «¬ 4 ?"B ?"B 16TH IRON !( _^ NO0983 ?"B 2!! ?"B 717 X 00XX XXX ±...
The License Agreement. The Company and Investor shall have entered into the License Agreement of even date herewith.
The License Agreement. Upon expiration or termination of this Agreement for any reason (other than pursuant to Section 10.2(d)), the License Agreement shall remain in full force and effect.
The License Agreement. In accordance with the terms and conditions of the IP Agreement, on 31 May 2019 (after trading hours), the Buyer (as licensor) and the Seller (as licensee) entered into the License Agreement pursuant to which the Buyer grants to the Seller, and the Seller accepts, a non- transferable license, without the right to sublicense (except to the Seller’s manufacturers and/ or sublicensees pre-authorized in writing by the Buyer and that are in direct privity with the Seller and subject to strict compliance with the terms of the License Agreement) to utilize the Licensed Intellectual Property of the Buyer in the manufacturing, marketing, sale, and distribution of Products solely within the Territory. During the Term of the License Agreement, subject to the Seller’s continued compliance with the terms and conditions of the License Agreement, the Buyer agrees that, except as expressly provided in the License Agreement, the rights set forth in the above paragraph with respect to sales and marketing shall be exclusive to the Seller solely within the Territory and solely with respect to the Products, and the Buyer will not license or sublicense to any other person the right to use the Licensed Intellectual Property for any of the Products within the Territory. Pursuant to the License Agreement, the Seller shall pay to the Buyer a royalty (each such payment a “Royalty Payment”) in an amount equal to (the “Calculation”) (i) 0.4% of all Gross Sales for the first US$40,000,000 of Products bearing or utilizing any of the Licensed Intellectual Property in any cumulative rolling trailing twelve (12) months period after the date of the License Agreement, and (ii) once Gross Sales in any cumulative rolling trailing twelve (12) months period after the date of the License Agreement exceed US$40,000,000 (the “$40 Million Date”) 1% of Gross Sales on all Gross Sales commencing on and continuing after the $40 Million Date through the remainder of the Term. Starting with the 2020 calendar year, the minimum amount of the Royalty Payment for each calendar year during the Term shall be US$120,000, even if the amount of the Royalty Payment calculated pursuant to the Calculation is less than US$120,000. For the last partial calendar year during the Term, the minimum Royalty Payment amount shall be equal to the product of: (i) US$120,000, and (ii) the number of days the License Agreement was enforce during the last year, divided by 365. LISTING RULES IMPLICATION As one or more of the applica...
The License Agreement the Covenant Not To Compete, the Ancillary Indemnification Agreements and the Escrow Agreement;
The License Agreement. The Company and AHP shall have --------------------- entered into the License Agreement.