Initial License Period definition

Initial License Period means the time period ending on the earlier of (i) January 1, 2001; or (ii) such time as the aggregate royalties actually paid by Licensee to Licensor (exclusive of the up-front license fee payable by Licensee pursuant to Section 1 of Article IV) equals Two Million and no/100 Dollars ($2,000,000.00).
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Initial License Period. The period specified in the Subscription Order Form.
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Initial License Period means the period beginning on the Effective Date and ending four (4) years thereafter.
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Examples of Initial License Period in a sentence

  • Upon expiration of the Initial License Period, and each anniversary thereafter, the Subscription License Order will automatically renew for an additional one-year period (each, a “Renewal License Term”) at the rates then in effect, unless Epicor and Customer negotiate a new multi-year arrangement or either party gives written notice of non-renewal at least 90 days prior to the end of the applicable Initial License Term or Renewal License Term as the case may be.

  • Thereafter, such Initial License Period shall be continue uninterrupted so long as Tranche B Agent continues to own the Intellectual Property.

  • Initial License Period" shall mean the time period ending on the earlier of (i) January 1, 2001; or (ii) such time as the aggregate royalties actually paid by Licensee to Licensor (exclusive of the up-front license fee payable by Licensee pursuant to Section 1 of Article IV) equals Two Million and no/100 Dollars ($2,000,000.00).

  • The Initial License Period commenced October 2019 and expires in December 2021 (i.e., two years after first airing of a Bellissima product).

  • Thereafter, the term of this Agreement shall be automatically extended upon the expiration of the Initial License Period (and thereafter, of the then-current term) for successive one-year terms.

  • Unless either party notifies the other party in writing at least 30 days prior to the end of the Initial License Period or any Renewal License Period of its intent to terminate the QVC Agreement, the License continually renews for additional two-year periods.

  • The initial License Period for each of the Cloud Services (including any Cloud Client Software used to access the Cloud Services) or for any other Software is specified in the Grant Letter (the "Initial License Period").

  • Table 7 shows that both the quantity and quality residuals of the exits are remarkably lower than those of the stayers in the treatment group.22 By contrast, in the control group, the average quantity residual of the exits is larger than that of the stayers before the reform, and the difference in the quality residuals is small.

  • Duration of Initial License Period; First License Renewal Date; Proration of Initial License Fee; Continued Education Requirements for Initial License Period.

  • Additionally, during the Initial License Period, Oncotelic and its sublicensees shall not make any application for a patent or other intellectual property protection in any country of the world related to technology, discoveries, innovations, or improvements discovered or reduced to practice that refers to or relies on any Delivery Technology and that is specifically applicable to the delivery using a Delivery Technology of APIs, without prior notification to Marina.


More Definitions of Initial License Period

Initial License Period means the period of twelve months from the Effective Date;
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Initial License Period means the initial license period of five/ ten years from the commencement date or; if shorter period from the commencement date until such date as the license is revoked or renewed in accordance with these conditions;
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Initial License Period means, with respect to each Device, the period of time commencing upon shipment of the Device and continuing until the end of the initial subscription term specified in the Order in relation to that Device. At the conclusion of an Initial License Period, the subscription term will automatically renew for successive one-year periods (each, an “Additional License Period”, and the Initial License Period for a Device together with all Additional License Periods for that Device is the “License Period”), unless either party notifies the other in writing of non-renewal at least 30 days prior to the expiration of the then-current License Period. The “Term” of this Agreement will commence on the Effective Date and will expire upon the expiration or termination of the last License Period in effect under this Agreement.
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Related to Initial License Period

  • Initial license means the first permanent license granted to a qualified individual.

  • Commercial License means any license issued to an individual or entity that is not a patient, caregiver, or transporter agent.

  • Perpetual License means a license which is everlasting and valid if the software is being used in accordance with the license-agreement requirements.

  • Original license means a motor vehicle dealer license issued to an applicant who has never been

  • License Period means the period beginning from the Commencement Date and ending on the Termination Date.

  • Conditional license or "conditional approval" means a license

  • Material License has the meaning assigned to such term in Section 7.15.

  • Reciprocal license means the issuance of an Iowa license to practice barbering to an applicant who is currently licensed in another state and which state has a mutual agreement to license persons who have the same or similar qualifications to those required in Iowa.

  • Retail license means one of the following licenses issued under this title:

  • Provisional license means a nonrenewable license issued by the Board of Education for a specified

  • individual licence means a telecommunications licence referred to in section 38(1)(a) or (b);

  • Occupational license means a certificate, registration, or license issued by a state department, bureau, or agency that has regulatory authority over an individual that allows an individual to legally engage in a regulated occupation or that allows the individual to use a specific title in the practice of an occupation, profession, or vocation.

  • Professional license means any license, permit, certificate, registration, qualification, admission, temporary license, temporary permit, temporary certificate, or temporary registration that is described in divisions (W)(1) to (37) of this section and that qualifies a person as a professionally licensed person.

  • License Term means the duration of a License as specified in the Order.

  • Royalty Term has the meaning set forth in Section 8.3(b).

  • Governmental Licenses has the meaning set forth in Section 4.3.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Business License means a license issued by the Department to a medical marijuana dispensary, grower, processor, testing laboratory, or transporter.

  • Environmental Licence means any Authorisation required at any time under Environmental Law.

  • Local licensing authority means the governing body of a municipality or city and county, the board of county commissioners of a county, or any authority designated by municipal or county charter, municipal ordinance, or county resolution.

  • Exclusivity Period shall have the meaning set forth in Section 6.11.

  • Financial licensing act means any of the financial licensing acts, as that term is defined in section 2 of the consumer financial services act, 1988 PA 161, MCL 487.2052.

  • Research License means a nontransferable, nonexclusive license to make and to use the Licensed Products or the Licensed Processes as defined by the Licensed Patent Rights for purposes of research and not for purposes of commercial manufacture or distribution or in lieu of purchase.

  • Use Period means the period commencing on the date that the ABL Agent or an agent acting on its behalf (or an ABL Credit Party acting with the consent of the ABL Agent) commences the liquidation and sale of the ABL Priority Collateral in a manner as provided in Section 3.6 hereof (having theretofore furnished the Controlling Term Agent with an Enforcement Notice) and ending 180 days thereafter. If any stay or other order that prohibits any of the ABL Agent, the other ABL Secured Parties or any ABL Credit Party (with the consent of the ABL Agent) from commencing and continuing to Exercise Any Secured Creditor Remedies or from liquidating and selling the ABL Priority Collateral has been entered by a court of competent jurisdiction, such 180-day period shall be tolled during the pendency of any such stay or other order and the Use Period shall be so extended.

  • Major Market means any of the United States, the United Kingdom, Japan, and any two of the following: France, Spain, Germany and Italy.

  • Regulatory Exclusivity Period means, with respect to each Licensed Product in any country in the Territory, a period of exclusivity (other than Patent exclusivity) granted or afforded by Applicable Law or by a Regulatory Authority in such country which confers an exclusive Commercialization period during which AbbVie or its Affiliates or Sublicensees have the exclusive right to market and sell a Licensed Compound or Licensed Product in such country through a regulatory exclusivity right.