Examples of Executing Entity in a sentence
Funds to be made available to the Accredited Entity in the context of a Funded Activity shall be transferred to the Accredited Entity or at the instruction of the Accredited Entity to an Executing Entity by the Trustee acting on written instructions received by it from the Fund.
Upon execution of this Agreement, Executing Entity shall elect to become an evaluation licensee and/or a production licensee, by completing the initial election requirements on Exhibit A.
Subsequent to execution of this Agreement, Executing Entity who has chosen to enter one license may enter a second license by submitting a revised Exhibit A which shall become a binding part of this Agreement upon receipt by AACS LA.
Executing Entity represents that it has and covenants that it will have the authority to bind its Affiliates to the terms and conditions of this Agreement.
If a have made manufacturer directly or indirectly initiates or becomes party to a legal action against Executing Entity or its Affiliate for patent infringement involving a Necessary Claim of such manufacturer, Executing Entity alone or with some or all of its Affiliates, at Executing Entity’s option, may suspend its or their covenant not to assert under Section 2.6.1 with respect to such have made manufacturer.