Licences definition
Examples of Licences in a sentence
Subject to paragraph 2.1, the aggregate Price payable by the Licensee during the Initial Term for the Licences granted under Clauses 3.1 and 0 of this Agreement (collectively) are as set out in the table below (“Base Licensing Fee”), and shall be payable with reference to each metric ton (“MT”) of rated facility battery recycling capacity.
All Goods sold or supplied to Licensee or its Affiliates under this Agreement, and their use thereof, shall be subject at all times to the terms and conditions of the Licences set out in Clause 3 of this Agreement.
Subject to the terms of this Agreement, in the event Licensee consummates the purchase of the Machinery that are the subject of this Agreement, Licensor agrees and undertakes that Licensor shall not grant any right or licences which are substantially similar to the Licences granted to Licensee under this Agreement to any Person for deployment within the Exclusive Territories.
To the extent required under applicable Law in the Exclusive Territory, Licensee shall be entitled, at its own expense, to (a) record a short form of the Licences granted to it (and its Affiliates) under this Agreement, except that any recordal of this Agreement shall redact all confidential information of Licensor and/or the Goods to be supplied hereunder, and/or (b) enter Licensee as a registered or authorised user of the Licensed Patents and Licensed Trademarks.
Subject to Clause 2.1, the applicable Price payable by the Licensee for the Goods and the Licences during the Initial Term (and any applicable timeline thereto) shall be as set out in Schedule 2 of this Agreement.