Examples of Licensed Devices in a sentence
All advertising for Licensed Devices must include one or more of the Licensed Trademarks.
All advertising directly by LABS for LABS Combo Devices or Stand Alone Licensed Devices shall include one or more of the MASIMO SET Licensed Trademarks.
Without limiting Section 5.2, the Parties acknowledge that no royalties shall be payable to MASIMO for the distribution or sale of LABS Licensed Devices or Stand Alone Licensed Devices.
The license rights conveyed with a Licensed Device shall not include any right to transfer or sublicense any of the Patent Rights to another party, except that the license rights for the Licensed Device shall flow with the Licensed Device to anyone in the Licensed Device's chain of use.
NeoMedia reserves all rights under the Patent Rights not explicitly conveyed to Symbol under this Agreement, including but not limited to the right to grant a license to a third party to operate a Switch in conjunction with Non-Licensed Devices, in which case such third party would not need to use Licensed Devices with such licensed Switch in order to avoid infringement of the Patent Rights.
LABS shall pay to MASIMO royalties in the amount of ten percent (10%) of SpO2 sensor or accessory value of LABS’ Average Selling Price of sensors or accessories that measure Xxxxx Xxxxx Parameters for use in LABS Licensed Devices or Stand Alone Devices.
LABS agrees that it shall use the MASIMO SET product designation set forth in Exhibit B (i) on all LABS Combo Devices that are marketed directly by LABS, and (ii) all Stand Alone Licensed Devices that are marketed directly by LABS, in each case, on a front panel site associated with the Xxxxx Xxxxx Monitoring.
However, Masimo does not have the right to provide Licensed Devices or Optioned Technology to any OEM for sale into Labs Market without Labs’ approval, which will be in Labs sole discretion.
MASIMO will pay to LABS royalties in the amount of ten percent (10%) of the Rainbow Royalty Base (as defined below) for MASIMO Licensed Devices, and sensors and accessories for measuring Non-Vital-Signs Parameters in MASIMO Licensed Devices in accordance with the following.
Subject to Mayo’s internal policies, procedures and approvals, Company can request the services of any of the inventors of the Licensed Software or Licensed Devices to help in development of future Licensed Products.