Material License Agreements definition

Material License Agreements means (a) all License Agreements set forth on Schedule 6.24 and (b) all other License Agreements entered into by a Credit Party in which such Credit Party either guaranties or actually pays royalties to the licensor party to such License Agreement in an amount equal to or greater than $100,000 per year.

Material License Agreements means license agreements, (i) the termination or suspension of which, or the failure of any party thereto to perform its obligations thereunder, would reasonably be expected to have a Material Adverse Effect or (ii) pursuant to which the Borrower and its Subsidiaries has received revenue, in excess of $50,000,000 in any Test Period.

Material License Agreements means, collectively, the Novartis License Agreement, the USL License Agreement, the SmithKline License Agreement, the Xxxxx License Agreement and each other material agreement pursuant to which any of the Borrowers or their Subsidiaries license intellectual property rights.

Examples of Material License Agreements in a sentence

• Each Borrower shall perform and observe, and shall cause each of its Subsidiaries to perform and observe, all the material terms and provisions of each of the Material Business Agreements and the Material License Agreements to which it is a party except those which are subject to a good faith dispute provided such dispute shall not reasonably be expected to result in a Material Adverse Effect.

• Each Borrower shall perform and observe all material terms and provisions of each of the Material Business Agreements and the Material License Agreements to which it is a party except those which are subject to a good faith dispute provided such dispute shall not reasonably be expected to result in a Material Adverse Effect.

• Each of the Material License Agreements (as defined below) is in full force and effect, and neither the Company nor, to its knowledge, the licensor, is in breach of any Material License Agreement and the Company is aware of no circumstances or grounds that would reasonably be expected to give rise to a claim of material breach or right of rescission, termination, revision, or amendment of any Material License Agreement.

• Each Loan Party owns or is licensed or otherwise has the right to use all of the patents, trademarks, service marks, trade names, copyrights, contractual franchises, authorizations and other rights that are reasonably necessary for the operation of its businesses, without conflict with the rights of any other Person (but subject to the limitations contained in the Material License Agreements).

• Set forth on Schedule 6.24 is a list of all Material License Agreements to which a Credit Party is a party, as such schedule may be updated from time to time by the Borrower giving written notice thereof to the Administrative Agent.

More Definitions of Material License Agreements

Material License Agreements means, collectively, those certain licensing agreements referred to in Item 15 (Licensing Agreements) of the Notes to Consolidated Financial Statements, together with any other material licensing agreements in effect as of the date of this Agreement.

Material License Agreements means (a) that certain License Agreement with Umbro set forth on SCHEDULE 1.1 and (b) all other license agreements entered into by the Borrower or any of its Subsidiaries pursuant to which (i) Borrower or such Subsidiary either Guarantees or actually pays royalties to the licensor party to such license agreement in an amount equal or greater than $100,000 per year or (ii) Borrower carries Eligible Inventory with a book value of in excess of $100,000.

Material License Agreements means and include each of the following: (a) Trademark License Agreement between Georgia Boot LLC, as Licensee and W.X Xxxx & Associates (“Gore”), W.X. Xxxx & Associates Gmbh, and Japan Gxxx-Tex, Inc., collectively as Licensor, dated May 20, 2002, (b) Trademark License Agreement between Rocky, as Licensee and Gore, as Licensor, dated July 11, 2001 and (c) Certified Manufacturer Agreement between Rocky and Gore dated July 11, 2001.

Material License Agreements has the meaning set forth in Section 3.12(b) (Intellectual Property).

Material License Agreements means and include each of the following: (a) Trademark License Agreement between Georgia Boot, as Licensee and W.L Gore & Associates (“Gore”), W.L. Gore & Associates Gmbh, and Japan Gore-Tex, Inc., collectively as Licensor, dated May 20, 2002, (b) Trademark License Agreement between Rocky, as Licensee and Gore, as Licensor, dated July 11, 2001 and (c) Certified Manufacturer Agreement between Rocky and Gore dated July 11, 2001.

Material License Agreements means all material License Agreements granting material rights to or under any Intellectual Property; excluding, for the avoidance of doubt, all licenses for generally available commercial Software and Contracts pertaining to the lease or sale of equipment or other tangible personal property.

Material License Agreements means the Existing Licenses and the Infinity Agreement.