Licensee Purchase definition

Licensee Purchase is defined in Subparagraph 2(a)(i)(2)(B).
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Examples of Licensee Purchase in a sentence

  • Borrower has used the proceeds of the Loan to pay a portion of the purchase price for certain real property (and three (3) assisted living facilities located thereon) Borrower has purchased from the Ocwen Affiliates, pursuant to the terms and conditions of the Agreement of Purchase and Sale, of even date herewith, by and among the Ocwen Affiliates, Ocwen, Borrower, Balanced Care and the following parties joining only as to specific provisions: Management Companies and Licensee ("Purchase Agreement").

  • The obligations of the Licensor under this Agreement are, at the option of the Licensor, subject to the satisfaction, at or prior to the Closing Date, of the condition that the Licensor shall have obtained any necessary exemption from the Quebec Securities Commission for the issue of the Licensee Purchase Warrants.

  • Licensee will pay all sales, use and other taxes imposed by any applicable laws and regulations as a result of the Licensee Purchase Price payments paid under this Agreement, other than taxes based upon Licensor’s gross revenues or net income.

Related to Licensee Purchase

  • licensed distributor means any holder of a distribution licence.

  • Sublicense means any agreement to Sublicense.

  • Third Party Purchaser means any Person who, immediately prior to the contemplated transaction, (a) does not directly or indirectly own or have the right to acquire any outstanding Common Shares or (b) is not a Permitted Transferee of any Person who directly or indirectly owns or has the right to acquire any Common Shares.

  • Sublicensee means a third party to whom LICENSEE grants a sublicense of certain rights granted to LICENSEE under this Agreement.

  • Third Party Sale means any sale for resale in interstate commerce to a Power Purchaser that is not designated as part of Network Load under the Network Integration Transmission Service but not including a sale of energy through the PJM Interchange Energy Market established under the PJM Operating Agreement.

  • Licensee Data means, other than Resultant Data, information, data and other content, in any form or medium, that is collected, downloaded or otherwise received, directly or indirectly from Licensee or an Authorized User by or through the Services.

  • CREFC® Intellectual Property Royalty License Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0005% per annum.

  • CREFC® Intellectual Property Royalty License Fee With respect to each Mortgage Loan (including any REO Mortgage Loan) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the CREFC® Intellectual Property Royalty License Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the CREFC® Intellectual Property Royalty License Fee shall be payable from the Lower-Tier REMIC.

  • Licensee has the meaning set forth in the preamble.

  • License Key means a unique key-code that enables Licensee to run Software subject to the obtained User Pack.

  • Licensor Technology means the Licensor Patents and the Licensor Know-How.

  • End User License means any license terms imposed by any Third Party Vendor on Customers and End Users. “Force Majeure Event” means an event or occurrence:

  • Transfer station means a facility created to receive solid waste from collection areas and transport in bulk in covered vehicles or containers to waste processing and, or, disposal facilities ;

  • Sublicensees as used herein in either singular or plural shall mean any person or entity other than an AFFILIATED COMPANY to which Company has granted a sublicense under this Agreement.

  • Licensee Technology means the Licensee Know-How and Licensee Patents.

  • Third Party Software means software which is proprietary to any third party which is or will be used by the Contractor for the purposes of providing the Services including the software and which is specified as such in Schedule 6 (Third Party Software) to this Contract.

  • Licensed Technology means the Licensed Patents and the Licensed Know-How.

  • Sub-Licensee means all person/ agency with whom Licensee has executed sub license agreement as per terms and conditions of license agreement executed between DMRC and the Licensee, for commercial utilization of the Bare Spaces.

  • Software License means a license for the Software granted under this XXXX to the Licensee;

  • Third Party Buyer means any Person other than (i) the Company or any of its Subsidiaries, (ii) any employee benefit plan of the Company or any of its Subsidiaries, (iii) the Investors or (iv) any Affiliates of any of the foregoing.

  • Exclusive License has the meaning set forth in Section 3.1.