IP Licensing Agreement definition

IP Licensing Agreement means the licensing agreement, in a form to be agreed by the Parties prior to Closing, to be entered into at Closing whereby each Party licenses to the other (on mutual terms) such Intellectual Property of the Business or the Retained Business (as applicable) that is owned by Sellers or its Affiliates or the Transferred Group (as applicable) and used in the Business or the Retained Business (as applicable) immediately prior to the Closing for the other Party to operate the Business or the Retained Business (as applicable) post-Closing or otherwise in connection with the other businesses of each Party.
Sample 1Sample 2Sample 3
IP Licensing Agreement has the meaning set forth in Section 6.14(a).
Sample 1Sample 2

Examples of IP Licensing Agreement in a sentence

  • Nothing has come to the attention of the Joint Sponsors that would cause them to cast reasonable doubt on the Company’s reasons for requiring a longer term for the IP Licensing Agreement, and the Company’s view that entering into such agreement with a duration of over three years is in line with its normal business practice.

  • The fees payable will be agreed between us and Ping An Technology separately and based on historical dealing with Ping An Technology, it is expected that we will not incur any fees payable under the IP Licensing Agreement.

  • Our Directors are of the view that the IP Licensing Agreement was entered into on normal commercial terms or better and the Licensed IPs are necessary for our business operations and a longer duration of the agreement will avoid any unnecessary business interruption and help ensure the long-term development and continuity of our business.

  • Pursuant to the IP Licensing Agreement, the Company will pay nChain Group approximately $1.30 million in licensing fees over the first year of the agreement, with approximately $0.27 million paid within 30 days of the signing and the remaining $1.03 million due by December 31, 2020.

  • Our Company will use the Licensed IPs within the scope specified in the IP Licensing Agreement.

  • The IP Licensing Agreement is effective for 10 years from the date of the agreement.

  • Pursuant to the IP Licensing Agreement, the Company will pay nChain Group approximately $1.30 million in licensing fees.

  • At the end of the term, DreamEast (Jiaxing) shall have the priority to renew the DreamEast (Jiaxing) IP Licensing Agreement provided that (i) the terms and conditions offered by DreamEast (Jiaxing) should be the same as those offered by other market players (if any) and (ii) at least three (3) months’ notice prior to expiration of the term has been given to DreamEast Pictures.

  • Listing Rules implications As it is expected that we will not incur any fees payable under the IP Licensing Agreement, the transactions under the IP Licensing Agreement constitute de minimis transactions and are fully exempt from the annual reporting, announcement, independent Shareholders’ approval and annual review requirements under Chapter 14A of the Hong Kong Listing Rules.

  • Fee: An annual license fee of RMB2 million during the term of the Hunan DreamEast IP Licensing Agreement.

Related to IP Licensing Agreement

  • IP License Agreement shall have the meaning set forth in Section 5.3(b).

  • Licensing Agreement means a commercial agreement between a design approval holder and a production approval holder (or applicant) formalizing the rights and duties of both parties to use the design data for the purpose of manufacturing the product or article.

  • Cross License Agreement means that certain Cross License Agreement between and among Medarex, Cell Genesys, Inc., Abgenix, Inc., Xenotech, L.P. and Japan Tobacco Inc., dated March 26, 1997.

  • Software License Agreement means the particular Software License Agreement to which these Terms and Conditions are attached and incorporated into by reference.

  • Intercompany License Agreement means any cost sharing agreement, commission or royalty agreement, license or sub-license agreement, distribution agreement, services agreement, Intellectual Property rights transfer agreement or any related agreements, in each case where all the parties to such agreement are one or more of the Borrower and any Restricted Subsidiary thereof.

  • Patent License Agreement means the Patent License Agreement attached hereto as Exhibit H.

  • Trademark License Agreement means that certain Trademark License Agreement in substantially the form attached hereto as Exhibit F.

  • End User License Agreement means a license grant or end user license agreement governing software as further described in this Agreement or any applicable Appendix.

  • License Agreement means the agreement between SAP (or an SAP SE Affiliate, or an authorized reseller) under which Customer procured the rights to use SAP Software or a Cloud Service.

  • Intellectual Property License Agreement means the license of Intellectual Property by and between Weyerhaeuser and Newco substantially in the form attached as Exhibit B.

  • License Agreements shall have the meaning set forth in Section 8.11 hereof.

  • Company License Agreements means any license agreements granting any right to use or practice any rights under any Intellectual Property (except for such agreements for off-the-shelf products that are generally available for less than $25,000), and any written settlements relating to any Intellectual Property, to which the Company is a party or otherwise bound; and the term “Software” means any and all computer programs, including any and all software implementations of algorithms, models and methodologies, whether in source code or object code.

  • Sublicense Agreement means any agreement or arrangement pursuant to which Licensee (or an Affiliate or Sublicensee) grants to any third party any of the license rights granted to the Licensee under the Agreement.

  • IP License means all Contractual Obligations (and all related IP Ancillary Rights), whether written or oral, granting any right, title and interest in or relating to any Intellectual Property.

  • Technology License Agreement means the agreement in the form of Exhibit H hereto.

  • IP Agreement is that certain Intellectual Property Security Agreement executed and delivered by Borrower to Bank dated as of the Effective Date.

  • Licence Agreement means an agreement (whether or not in writing) between the owner of student accommodation and a student giving a licence to the student;

  • Company IP Contract means any Contract to which the Company is a party or by which the Company is bound, that contains any assignment or license of, or covenant not to assert or enforce, any Intellectual Property Right or that otherwise relates to any Company IP or any Intellectual Property developed by, with, or for the Company.

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Software License means a license for the Software granted under this XXXX to the Licensee;

  • SPS Agreement means the Agreement on the Application of Sanitary and Phytosanitary Measures which is a part of the WTO Agreement; Subheading means the first six digits in the tariff classification number under the HS; Territory means:

  • Third Party License means licenses from third parties governing third party software embedded or used in the Trading Platform.

  • Marketing Agreement means an agreement entered into, with the director, by producers, distributors, processors, or handlers pursuant to this act and binding only on those signing the agreement.

  • Sub-License means the sub-licensing of any space in the Station Development Assets and Project Utilities in the Station Development Project, by the Station Facility Manager to any licensee, in accordance with the Station Facility Management Agreement;

  • IP Licenses shall have the meaning set forth in Section 3.12(a) hereof.

  • Company IP Agreements means all licenses, sublicenses, consent to use agreements, settlements, coexistence agreements, covenants not to xxx, permissions and other Contracts (including any right to receive or obligation to pay royalties or any other consideration), whether written or oral, relating to Intellectual Property to which the Company is a party, beneficiary or otherwise bound.