GTIS definition

GTIS means GTIS or any affiliate of GTIS to whom any rights to exploit any Accepted Games granted hereunder may be sublicensed. An affiliate of GTIS shall refer to an entity, a majority of whose capital stock is owned directly or indirectly by GTIS or with respect to which during the term of this Agreement, GTIS, directly or indirectly, has the legal power without the consent of any third party to direct the manufacture, distribution or sale of Accepted Games.
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Examples of GTIS in a sentence

  • Buyer and its Affiliates acknowledge that they are not acquiring, directly or indirectly, any right, title or interest in and to the GTIS Name or any trademark of Seller.

  • Thereafter, Buyer shall not use the GTIS Name, other than (a) in a neutral, non-trademark sense to discuss the history of the business of the Company or (b) as required by applicable Law.

  • Infogrames shall acquire no right, title or interest in GTIS' Trademarks or the goodwill associated therewith, other than the limited license and right to use GTIS' Trademarks as set forth under this Agreement.

  • GTIS will indemnify Infogrames, and its affiliates, officers, directors and employees, against any claims, liabilities, losses, damages, injuries, costs, expenses, causes of action, claims, demands, assessments and similar matters related to any breach of GTIS' warranties.

  • GTIS hereby grants to Infogrames a royalty-free, non-exclusive, non-transferable license to use GTIS' Trademarks in connection with the exercise of the license granted to Infogrames pursuant to Paragraph 2 of this Agreement.

  • Such accountant shall be under an obligation of confidentiality to Infogrames, and will only disclose to GTIS whether or not the royalty reports provided to GTIS by Infogrames were correct, and if not, the amount by which the royalty reports are incorrect.

  • EXSHARE FINANCIAL INCORPORATED GTIS CORPORATION IDCO NOMINEES, INC.

  • WMS, WEG, Midway, WEI and GTIS desire to amend the GTIS Master Home Video Agreement as provided for in this First Amendment.

  • WMS, WEG, Midway, WEI and GTIS desire to further amend the GTIS Master PC Agreement as provided for in this Second Amendment.

  • GTIS' Trademarks and the goodwill associated therewith are and remain GTIS' exclusive property.