Approved License definition

Approved License means an Adopter Agreement, Content Participant Agreement, Content Provider Agreement, Reseller Agreement, AACS Online Service Provider Agreement or other license agreement for use of the Specifications and/or AACS Technology, approved by the Licensors.
View Source
Approved License means the grant by a Loan Party or any of its Subsidiaries of any license or sublicense of any Intellectual Property of a Loan Party or any of its Subsidiaries to a third party in furtherance of the Franchise and Licensing Business; provided, that, unless otherwise consented to in writing by the Agent, any such license or sublicense shall not prohibit such Loan Party or Subsidiary from the continued use or other exploitation of such Intellectual Property of the Loan Parties and their Subsidiaries in the ordinary course of business or adversely affect in any material respect the fair value of any Eligible Inventory or the ability of the Agent to dispose of or otherwise realize upon the Collateral (it being understood and agreed that the granting of a license or sublicense on an exclusive basis with respect to any (a) product line, (b) distribution channel or (c) jurisdiction shall not be deemed a violation of the foregoing requirements; provided that, without limiting clause (i)(z) of the definition of Permitted Disposition, if and to the extent such license or sublicense relates to any assets customarily included in the calculation of the Consolidated Global Borrowing Base at the time such license or sublicense is entered into, the Loan Parties have the right to purchase such assets from the applicable licensee or franchisee).
View Source

Examples of Approved License in a sentence

  • For the avoidance of doubt, any non-assertion covenant in this Section 2.6 shall continue to apply to any allegedly infringing actions taken by a party to an Approved License while such Approved License was in force, even after such Approved License expires or is terminated for any reason, unless and until the conditions for defensive suspension of such covenant not to assert are met.

  • The Parties agree that each AACS licensee’s compliance with the terms and conditions of its Approved License is essential to maintain the value and integrity of the AACS Technology and that such compliance is an integral part of the next generation Digital Entertainment Content business, and as such is a matter of concern to all industry participants.

  • For the avoidance of doubt, any non-assertion covenant in this Section 2.4 shall continue to apply to any allegedly infringing actions taken by a party to an Approved License while such Approved License was in force, even after such Approved License expires or is terminated for any reason, unless and until the conditions for defensive suspension of such covenant not to assert are met.

  • Notwithstanding the foregoing, AACS LA may confirm the fact that Adopter has signed an Adopter Agreement to any party to an Approved License with AACS LA that is seeking to enforce an obligation of Adopter under this Agreement following a written refusal to meet such obligation by Adopter.

  • Content Participant/Provider may, at its option, have embedded the Consumer ▇▇▇▇ in conjunction with setting the AACS Flag in AACS Content in Licensed Content Products in conformance with the applicable AACS Approved License and the applicable Audio Watermark license agreement.

  • Service Provider may receive AACS Confidential and AACS Highly Confidential Information from Content Participant/Provider and may disclose AACS Confidential and AACS Highly Confidential Information to Content Participant/Provider only to the extent necessary to carry out Online Transactions, disclosing party must only do so in accordance with terms of their AACS Approved License.

  • Capitalized terms shall have the meanings set forth in this Section 1 or elsewhere in this Reseller Agreement or in another Approved License.

  • All future sales or other ----------------------------------- exploitation of the Products shall be pursuant to written agreements in the form of the "Approved License Agreements" approved in the Original Agreement, or such other written agreements as may be approved by the Bank, which approval shall not be unreasonably withheld.

  • Notwithstanding the foregoing, AACS LA may confirm the fact that Service Provider has signed a Service Provider Agreement to any party to an Approved License with AACS LA that is seeking to enforce an obligation of Service Provider under this Agreement following a written refusal to meet such obligation by Service Provider.

  • Notwithstanding the foregoing, AACS LA may confirm the fact that Content Provider has signed a Content Provider Agreement to any party to an Approved License with AACS LA that is seeking to enforce an obligation of Content Provider under this Agreement following a written refusal to meet such obligation by Content Provider.

Related to Approved License

  • Excluded License means an open source or other software license that requires, as a condition of license, use, modification, distribution or conveyance, that (a) the code be disclosed or distributed in source code form; (b) others have the right to modify or create derivative works of it; and/or (c) the code becomes redistributable at no charge.

  • Permitted License means any non-exclusive license of patent rights of Borrower or its Subsidiaries so long as all such Permitted Licenses are granted to third parties in the Ordinary Course of Business, do not result in a legal transfer of title to the licensed property, and have been granted in exchange for fair consideration.

  • Lapsed license “permit,” or “registration” means a license, permit, or registration that a person has failed to renew as required or the license, permit, or registration of a person who failed to meet stated obligations for renewal within a stated time. A person whose license, permit, or registration has lapsed continues to hold the privilege of licensure or registration in Iowa, but may not practice dentistry, dental hygiene, or dental assisting until the license, permit, or registration is reinstated.

  • Encumbered license means a license that a physical therapy licensing board has limited in any way.

  • Unencumbered license means a license issued in good