License definition
Examples of License in a sentence
Any sublicense granted or authorized by IMSCP, its Affiliate or any Sublicensee under the IMSCP Research License or IMSCP Commercial License shall be in writing, and consistent with and subject to, and require the applicable Affiliate of IMSCP or Sublicensee receiving such sublicense to comply with IMSCP’s applicable obligations under, the terms of this Agreement.
The results of any such research financed by other entities shall not form part of the Licensed Technology and shall not be subject to the License hereunder.
Following expiration (but not termination) of this Agreement, the IMSCP Commercial License shall become perpetual, irrevocable, royalty-free and fully paid-up.
The Parties acknowledge and agree that any CUE-100 Series Technology or Licensed Product Technology that is Controlled by Cue by virtue of the [**] License Agreement (“[**] Licensed IP”) may not be further sublicensed by IMSCP to any Sublicensee without [**]’s prior written consent.
If [**] refuses to grant any such consent, then Cue will, to the extent permitted under the [**] License Agreement, grant a direct sublicense to the applicable Sublicensee subject to the terms and conditions of this Agreement and the [**] License Agreement.