FIX Licence definition
FIX Licence has the meaning set out in Clause 2.4.2;
Examples of FIX Licence in a sentence
UCLB may decide to waive its right to terminate the FIX Licence under Clause 9.2. in which case UCLB shalt be entitled to extend the Second Target Date (as defined below) to cover the anticipated period of delay and if it is to do so, it must notify Liverco of a new Second Target Date within [**] of notice from Liverco under this Clause 9.3.
UCLB may decide to waive its right to terminate the FIX Licence under Clause 9.2 in which case the Parties hereby acknowledge that Liverco’s obligations to develop a FIX Product that is not the First Iteration shall be subject to the diligence obi igations set out in Clause 9.1.