Comprehensive License definition

Comprehensive License means a European Union and United States of America license, including the right to sublicense, whereby Licensee’s rights are sole and entire and operate to exclude all others, including Licensor except as otherwise expressly provided herein.
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Examples of Comprehensive License in a sentence

  • The purpose of this Comprehensive License Agreement (this "Agreement") is to provide UBS with the information technology infrastructure and intellectual property to operate the Gas and Power Business and to use in the other businesses of UBS and the UBS Affiliates, as permitted by the licenses herein.

  • The completion of the purchase of the Comprehensive License as herein contemplated (the “Closing”) shall take place on July 14, 2008.

  • The add-on license shall not be independently available but shall always be coupled with an existing Basic License or a Comprehensive License.

  • The Licensor will not sell, transfer, assign, licence, lease or otherwise dispose of any of their rights or interests under or in relation to the Comprehensive License or to which the Comprehensive License would apply without the prior written consent of Licensee.

  • In the event, however, that the Licensor default, or anticipate that they will default, under the Comprehensive License, they shall immediately provide notice to Licensee to enable Licensee, if it so elects in its sole discretion, to remedy such default and to maintain the Comprehensive License in good standing.