Nontransferable definition

Nontransferable as used herein means that except as specifically provided in this Agreement, the Licensees may not sell, rent, load, give, sublicense, or otherwise transfer to anyone, the Stock File or the right to use the Stock File. Except as otherwise provided in this Agreement, Licensees shall not cause or permit unauthorized copying, reproduction or disclosure of any portion of the Stock Footage, or the delivery or distribution of any part thereof to any third party, for any purpose, without the prior written permission of Footage Firm. This restriction shall continue beyond the termination of this Agreement.
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Nontransferable means incapable of being transferred, assigned, or otherwise assumed by any third party aside from Customer or the single corporate entity that Customer intends to form.
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Nontransferable as used herein means that except as specifically provided in this Agreement, you may not sell, rent, load, give, sublicense, or otherwise transfer to anyone, the Stock File or the right to use the original Stock File. The restriction in the previous sentence applies only to the original Stock File and does not restrict in any way your right to transfer, distribute, sell, or otherwise use the Derivative Work. Additionally, you may transfer the original Stock Files to a third party for the sole purpose of causing such third party to produce and/or manufacture Derivative Works subject to the terms and conditions herein.
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Examples of Nontransferable in a sentence

  • For purposes of a distribution to a Participant or to a Participant's designated Beneficiary or surviving spouse, "property" includes a Nontransferable Annuity Contract, provided the contract satisfies the requirements of this Plan.

  • A Participant or Beneficiary may elect to receive an installment distribution in the form of a Nontransferable Annuity Contract.

  • RSUs Nontransferable You may not sell, transfer, assign, pledge or otherwise dispose of any RSUs. For instance, you may not use your RSUs as security for a loan.

  • Non-transferable securities are those where transfer agent services have not been available for six or more years.

  • Non-transferable Shares may not be sold, transferred, exchanged, assigned, pledged, hypothecated or otherwise encumbered.

  • Grantee, as beneficial owner of the Shares, shall have full voting and dividend rights with respect to the Shares during and after the Vesting Period and Non-transferable Period.

  • The Shares will be registered in the name of Grantee as of the Date of Grant and will be held by the Company during the Non-transferable Period in certificated or uncertificated form.

  • The restrictions imposed under this Section shall apply to all shares of the Company’s common stock or other securities issued with respect to Non-transferable Shares hereunder in connection with any merger, reorganization, consolidation, recapitalization, stock dividend or other change in corporate structure affecting the common stock of the Company.

  • Non-transferable Warrants and all rights thereunder shall not be transferable.

  • Stock Units Nontransferable You may not sell, transfer, assign, pledge or otherwise dispose of any Stock Units.