IFT Product definition

IFT Product means any product or service developed by or on behalf of License Holder.
View Source

Examples of IFT Product in a sentence

  • This Agreement may be terminated by Licensor at any time upon default by License Holder in any material obligation under this Agreement, if such default is not cured within ninety (90) days after the receipt of notice thereof from Licensor; provided, however, the termination of this Agreement shall not affect the rights of any licensee then using an IFT Product to continue to utilize the IFT Product in accordance with the terms of any agreements such licensee may have with License Holder.

  • Any matter or disagreement which this Agreement specifies is to be resolved by arbitration shall be submitted to a mutually selected arbitrator to so decide any such matter or disagreement; provided, however, such arbitrator shall not be authorized to take any action that would affect the rights of any licensee then using an IFT Product in accordance with the terms of any agreements such licensee may have with the License Holder pursuant to Section 4c of this Agreement.