Licensed Subsidiaries definition
Examples of Licensed Subsidiaries in a sentence
The Company shall cause each of its Licensed Subsidiaries and each Investee Companies that is an NRC licensee to obtain and maintain insurance coverage, for itself and its contractors, for public liability arising in connection with a nuclear incident (as those terms are defined in the Atomic Energy Act of 1954, as amended (the “Atomic Energy Act”)) at, or arising out of, the operation of such nuclear power units.
The Company shall cause each of its Licensed Subsidiaries and each Investee Companies that is an NRC licensee to execute the governmental indemnity agreement required by Section 170 of the Atomic Energy Act.
La Jolla and the Licensors shall reasonably assist Paion in answering any deficiency letters from the Regulatory Authority in the Territory regarding the Licensed Products, as reasonably requested by Paion or Licensed Subsidiaries.
To the extent [**] to the extent arising out of [**] Licensed Products [**] Emulex or its Licensed Subsidiaries that are licensed under Section 2.1.1 (subject to all of the limitations set forth in Section 2) (or would have been licensed under this Agreement if the license granted under Section 2.1 of this Agreement had been in existence at the time of the allegedly infringing activity) [**], Broadcom shall [**] Emulex [**].
Each Party, as licensee, shall have the right to terminate the license granted to such Party and its Licensed Subsidiaries for convenience with respect to any particular Licensed Product or Patent upon written notice to the other Party, as licensor.
Paion shall ensure that all Licensed Subsidiaries comply with the applicable terms and conditions of this Agreement and, subject to Clause 13.8, shall be liable for all damages suffered by La Jolla arising from any breaches of this Agreement by any Licensed Subsidiary as if such breaches arose from the acts or omissions of Paion.
Subject to the terms and conditions of this Agreement, Microtune and its Subsidiaries (including Microtune LP) hereby grant to Broadcom and its Licensed Subsidiaries a non-exclusive, worldwide, non-transferable and non-assignable (except as set forth in Article V and Section 6.6) license, without the right to sublicense, under Microtune Patents to make, have made (subject to Section 2.3(d)), use, sell (directly or indirectly), offer to sell and import Broadcom Licensed Products.
The Members have agreed that with effect from July 1, 2010 the Company will cease to be the ▇▇▇▇ member-insured with respect to the Licensed Subsidiaries and instead the Members or their other Affiliates will become the ▇▇▇▇ member-insureds.
At any time after the Effective Date of this Agreement, but before the initial commercial shipment of the First Production Model, Adopter or any of its Licensed Subsidiaries shall test the First Production Model (“Self-Test”), using relevant Testing Tools and in accordance with the procedures, as set forth in the Test Specifications.
This Section 6.8 shall not be construed as restricting or limiting either Party’s ability (if applicable under the terms of this Agreement) to immediately assert a license or other defense in any litigation or other proceeding against such Party, such Party’s Licensed Subsidiaries, or its or their Licensed Products or the resellers, distributors or customers of such Licensed Products, regardless of jurisdiction or venue.