Examples of Licensed Technology in a sentence
Subject to the terms and conditions of this Agreement (including, without limitation, the provisions for license termination), Polycom hereby grants to Licensee a royalty-free, personal, non-exclusive, nontransferable worldwide license under the Licensed Technology, to make, use, import, sell or otherwise transfer Licensed Products.
Title to, ownership of, and all applicable rights in and to Licensed Patents, Licensed Technology, Licensed Copyrights and Licensed Trademarks, including Polycom’s updates, revisions and enhancements, whether or not such revisions, updates or enhancements are provided to Licensee, shall not transfer to Licensee or any end user, and shall remain in Polycom or its licensors.
Subject to the terms and conditions of this Agreement, University hereby grants to Licensee, to the extent it may lawfully do so, the right and exclusive license in the Territory to make, have made, use and sell the Licensed Technology in the Field and to practice under the Patent Rights in the Field for the Term set forth in Article 10 below.
Licensee’s failure to perform in accordance with Section 3.1 or to fulfill on a timely basis any one of the milestones set forth in Section 3.2 hereof shall be grounds for University to terminate this Agreement and upon termination all rights and interest to the Licensed Technology and Patent Rights shall revert to University.
Manufactured by using a process or is employed to practice a process which is covered in whole or in part by an issued, unexpired claim or a pending claim contained in the Patent Rights in the country in which any such process that is included in Licensed Technology is used or in which such product or part thereof or service is used or sold.