Examples of Competitor of Licensor in a sentence
Furthermore, nothing which is contained herein shall restrict the sale of any Project by Covanta at any time to any Person other than a Competitor of Licensor.
The Licensee expressly acknowledges and agrees that the Licensee shall have no right to sublicense, assign, or otherwise transfer any or all of the license granted to it under the Patents, except as set forth in Section 9.1, provided that Licensee can sublicense Patents to a third party other than a Competitor of Licensor (as defined in Section 7.4) in conjunction with a license from Licensee to make and sell any of Licensee’s Products.
Because plant owners did not get trainings on repairing the often simple defects, and the repair and maintenance program set up by MNES often did not work properly, plants became unused.
In the event that Licensee sells the Hotel, Casino and all or a substantial part of the City of Dreams complex to a Person who is not a Competitor of Licensor but does not at the time of the transaction satisfy the $100 Million U.S. Dollar net worth test set forth above, Licensor shall have the right by written notice to terminate this Agreement and upon such a termination Licensee shall pay to Licensor a fee equal to fifty percent (50%) of the Termination Fee computed as provided in Section 15(B).
In the event that Licensee sells the Hotel, Casino and all or a substantial part of the “City of Dreams” complex to a Person that is a Competitor of Licensor, Licensor shall have the right by written notice to Licensee to terminate this Agreement and upon such termination Licensee shall pay to Licensor a fee equal to the Termination Fee computed as provided in Section 15(B).
Licensor may terminate this Agreement at any time with immediate effect by giving notice in writing to the Licensee if Licensee is acquired by a Competitor of Licensor, whereas for the purposes of this clause acquiring shall mean that (i) the Competitor holds more than 33% of the voting rights or of the shares (or similar rights) in Licensee or (ii) the Competitor and Licensee merge, or (iii) the Competitor acquires ownership in all or a substantial part of Licensee's business.
Notwithstanding Section 3.1 above, Licensee shall not, during the Exclusive Period, without the express prior written consent of Licensor, directly or indirectly, license, sublicense, sell, assign or otherwise transfer the Licensed Software, or any Licensee Enhancements to (a) any individual or business entity which is not in the Primary Market or (b) any business entity or individual that is a Direct Competitor of Licensor.
ASSIGNABILITY: Licensee may not assign its rights hereunder to a Top 8 Motion Picture Company or a Major Competitor of Licensor.
Notwithstanding the foregoing, Licensee may freely assign this Agreement and any license granted in connection therewith to an Affiliate or in connection with a sale, merger, acquisition or reorganization, provided, however, that none of AgEagle, Licensee, or Affiliates thereof Affiliates with a Competitor of Licensor, as described in Section 12.2(c) above.