Licensee Obligations definition
Examples of Licensee Obligations in a sentence
It shall be an event of default under this Agreement ("Event of Default") if Licensee or any Permitted Persons fail to comply with any of the Licensee Obligations set forth in this Agreement.
For clarity, noncompliance with such Licensee Obligations is deemed a material breach of this Agreement.
LianBio agrees that the Licensee Obligations may be extended, modified, or renewed, in whole or in part, without notice or further assent from it, and that it will remain bound upon its guarantee notwithstanding any extension, modification, or renewal of any Licensee Obligation.
Provided that Licensee fulfills all Licensee Obligations set forth above and otherwise complies with the terms and conditions set forth in the Agreement, NVIDIA will provide certain engineering and marketing services under this Agreement, as reasonably required to initiate and promote the NBP Program, wherein such services will include: NVIDIA will provide Licensee with a roadmap for Products to be included in the NBP.
Licensee agrees and acknowledges that, as a condition to the License granted under the Agreement and the other rights afforded hereunder, Licensee must satisfy on an ongoing basis the Licensee Obligations set forth below.
Licensee hereby agrees, undertakes and acknowledges that it is solely responsible for funding any costs and expenses associated with SubCo 1’s performance, upon instruction from Licensee in accordance with Section 3 of this Agreement, of the Licensee Obligations, (the “Licensee Maintenance and Enforcement Costs”).
The rights and obligations under clauses 5 (Licensee Obligations), 7 (Transfer of Licence), 1.14 (Warranties), 1.19 (Indemnity), 10, (No Unauthorised Copying), 12 (Responsibility for Employees, Agents etc), 14 (Effect of Termination) and 15 (General) survive termination of this agreement.
Licensee’s obligation to make payment of any unpaid Fees and the terms of Sections 1 (Definitions), 3 (Proprietary Rights), 4 (Licensee Obligations), 6.5 (Audit Rights), 7 (Term and Termination), 8 (Confidentiality) 9.4 (Disclaimer of Warranties), 11 (Limitation of Liability), and 12 (General) shall survive termination or expiration of this Agreement.
Process Automation Scope Assumptions and Licensee Obligations: • Process Automation development scope and deliverables will be mutually agreed upon.
Licensee shall also comply with all oversight conducted by, including, but not limited to, the EPA, NYSDOH, CCHD, and NYSDEC, in its use of the Licensor's Prope1ty and access thereto (collectively, the "Licensee Obligations").