Examples of Patent Licence in a sentence
Accordingly, the patent royalty paid by NEC Newco to NEC pursuant to the NEC Patent Licence Agreement increased corresponding with the sales of the Products from NEC Newco to NEC pursuant to the Supply Agreement.
It is anticipated that the Existing Supply Annual Caps and the Existing Royalty Annual Caps for the three financial years ending 31 March 2014, 2015 and 2016 and for the period from 1 April 2016 and ending on 1 July 2016 will be insufficient to cater for the now expected increase in sale of the relevant products and the corresponding increase in the patent royalty payable by NEC Newco to NEC pursuant to the NEC Patent Licence Agreement.
Pursuant to the shareholders' mandate on interested person transactions approved by the shareholders at the Annual General Meeting held on 29 July 2011, the interested person transactions entered into by the Company during the financial period ended 31 December 2011 are as follows: Name of interested person (1) The licence fee was paid and payable pursuant to a Master Patent Licence Agreement approved by the shareholders during an Extraordinary General Meeting of the Company held on 10 December 1997.
Details of the Supply Agreement and the NEC Patent Licence Agreement are set out in the CCT Announcement and the CCT Circular.
InterDigital selected initially a group of 15 of their Patent Licence Agreements ( PLAs) for their comparables case, later increased to 20 – which I shall call the InterDigital 20.