Backup License definition
Examples of Backup License in a sentence
In the event of termination of this Agreement by NeurogesX under Section 11.4(a) or 11.2 or by LTS under Section 11.4(a) or 11.3 any time after NeurogesX has the right to exercise its Backup License the following Sections shall survive (in addition to those described in Section 11.5 above), Sections 5.3 (as it relates to Section 6.4), 6.4, and 7.3 shall survive such termination.
On Windows, the product Backup License Server, which automatically takes over the task of serving Synergy licenses if the primary license server becomes unavailable.
In the event of a BL Exercise, HAI shall have the right to grant sublicenses under the Backup License only to (A) its Affiliates; and/or (B) Third Parties, but only to the extent such sublicense is necessary to perform the contemplated tagging and testing by using the Signature T Technology and/or the Typing Technologies, upon the terms and conditions of this Agreement.
The Backup License shall become effective only upon the occurrence of a Backup License Event and receipt by Licensor of the BL Exercise from Licensee.
If the period of nonperformance by ADNAS as a result of a Force Majeure event exceeds four (4) months, it may give rise to a Backup License Event hereunder.
Licensee shall not exercise the Backup License granted herein unless and until the occurrence of Backup License Event.
Upon Licensor’s cure of a Backup License Event, the Backup License shall immediately terminate.
In consideration of the Backup License granted above, HAI shall pay ADNAS a royalty of *** (***%) of the fees that would otherwise be payable to ADNAS under section 5 with respect to tagging and testing performed during the period of the BL Exercise.
In addition, upon the commencement of and during the pendency of a Backup License Event, Licensee shall have a right of first refusal to purchase from Licensor any physical asset necessary to manufacture the Applied DNA Technology.
In the event of a Back-up License Event during the Initial Distribution Term or any Additional Distribution Term, MGM shall refund to Gen-Probe a pro-rata amount of exclusive distribution fee paid by Gen-Probe for any remaining portion of such term following a Back-up License Event.