Licences Out definition

Licences Out means the licences of Intellectual Property which have been granted by the Company to third parties;
Licences Out means an agreement by a Group Company to license or sub-license Intellectual Property Rights to a third party other than non-exclusive licences granted to customers of the Group in the ordinary course of business;
Licences Out has the meaning given to it in paragraph (b) of the definition of Intellectual Property Agreements;

Examples of Licences Out in a sentence

  • The Licences Out do not restrict the Group from using the Intellectual Property Rights to which they relate.

  • The Licences Out do not restrict the Company from full use and enjoyment of the Intellectual Property to which they relate.

  • The Group Companies have not granted any licenses with respect to the IP Rights to Third Parties, except as set out in Annex 6.7g) (the "IP Licences Out").

  • The Licences Out vest goodwill resulting from the licensee’s use of Intellectual Property Rights in one or more Group Companies.

  • Copies of all material licences of IP Rights granted to any Group Company by Third Parties and all material IP Licences Out (together " Material IP Licences") are in the Data Room.


More Definitions of Licences Out

Licences Out means written agreements whereby the Group Companies have authorised or otherwise permitted any use whatsoever of any Group IP, or granted to any third party any right or interest in respect of any Group IP as specified in Schedule 4 Part 2;
Licences Out means the licences of Intellectual Property which have been granted by the Company to third parties including the Sellers;
Licences Out means the licences of Intellectual
Licences Out has the meaning given to it in paragraph (b) of the definition of Intellectual Property Agreements; "Loan Note Interest Net Amount" means the sum of US$41,712.62; "Loan Note Interest WHT Amount" means the sum of US$8,785.24; "Loan Notes" means the unsecured convertible loan notes of £1.00 issued to certain Sellers pursuant to the terms of a convertible loan note instrument dated 3 April 2012; "Loss" means any loss, damage, liability, fine, penalty, charge and any other cost and expense including any costs of recovery (including all legal and professional costs and expenses reasonably incurred in connection therewith); "Management Accounts" means the management accounts of the Company comprising the balance sheet as at the Management Accounts Date and the profit and loss account for the months commencing on the day immediately following the Accounts Date and ending on the Management Accounts Date, in each case in the agreed form; "Management Accounts Date" means 31 December 2014; "NIC Election" means a joint national insurance contributions election pursuant to paragraph 3B(1) of Schedule 1 of SSCBA 1992 in respect of Exchange Shares to be issued by the Buyer; "OEM Agreement" means an agreement under which one party agrees to manufacture products for and to test, deliver and/or provide support and training to another party in respect of products to be resold by that other party or any similar agreement or arrangement; "Open Source Code" means any software code that is distributed as "free software" or "open source software" or is otherwise distributed publicly in source code form under terms that permit modification and redistribution of such software. Open Source Code includes software code that is licensed under the GNU General Public License, GNU Lesser General Public License, Mozilla License, Common Public License, Apache License, BSD License, Artistic License, or Sun Community Source License; "Option Exercise Notice" means the agreed form deed by which AS will exercise his option over the Option Shares immediately prior to Completion and pursuant to which he will, among other things, instruct the Buyer to pay to the Company the amounts prescribed in clause 3.5 of this agreement;
Licences Out have the meanings given in paragraph 20.1 of Schedule 7;
Licences Out means licences of Owned IP; Pension Scheme means the defined contributions pension scheme operated by the Company; retirement/death/disability benefit means any pension, lump sum, gratuity or other like benefit given or to be given on retirement or on death, or in anticipation of retirement, or, in connection with past service, after retirement or death, or to be given on or in anticipation of or in connection with any change in the nature of the service of the employee in question or given or to be given on or in connection with the illness, injury or disability of, or suffering of any accident by, an employee; Regulations means The Medicines for Human Use (Clinical Trials) Regulations 2004, as amended including by The Medicines for Human Use (Clinical Trials) and Blood Safety and Quality (Amendment) Regulations 2008 and any subsequent amendments thereto from time to time; Regulatory Authority means any governmental or regulatory body having responsibility for, or in relation to, the regulation of medicinal products and/or clinical trials and having jurisdiction over the Company, including the European Medicines Agency and the Medicines and Healthcare Products Regulatory Authority;
Licences Out means the licences of Intellectual Property or know-how granted by the Company or a member of the Sellers' Group in relation to the Business to third parties;