Application Term definition
Examples of Application Term in a sentence
Subject to the terms and conditions of this Agreement, MPIB hereby grants to IB a non-exclusive, non-transferable, non-sublicensable (except as set forth in Section 2.03), worldwide license to Use the Licensed Materials and Documentation during the Application Term, solely in connection with the conduct of the Business (the “License”).
On the Purchase Date, for and in consideration of use of the Licensed Material during the Application Term, IB will pay MPIB a one-time license fee in the amount set forth on Exhibit B.
MPIB desires to grant to IB, and IB desires to be granted, a license to Use the Licensed Materials in the conduct of the Business (as defined below) during the Application Term (as defined below).
Applications will be described in Application Term Sheets outlining the Development Program, including but not limited to, the system specifications which are the targets of the development, and milestones defined both by time and achievement and projected development costs.
The first Application Term Sheet is the initial Application Term Sheet for the Identified Application of Financial Information and is attached as Exhibit "B".
EST shall provide development services in accordance with the terms and conditions of this Agreement and in accordance with the Application Term Sheet(s) and Project Term Sheet(s) which are or will be attached to and made part of this Agreement.
An Application will be defined by the corresponding Application Term Sheet(s).