Pathlight definition
Examples of Pathlight in a sentence
Pathlight Confidential Information includes the Service and any business or technical information of Pathlight, including any information relating to Pathlight’s product plans, designs, costs, pricing, finances, marketing plans, business opportunities, personnel, research, development or know-how, and the results of any performance tests of the Service.
In the event that Pathlight’s right to provide the Service is enjoined or in Pathlight’s reasonable opinion is likely to be enjoined, Pathlight may obtain the right to continue providing the Service, replace or modify the Service so that it becomes non-infringing, or, if such remedies are not reasonably available, terminate this Agreement without liability to Customer.
This Agreement does not convey any proprietary interest in or to any Pathlight IP or any Customer Data or rights of entitlement to the use thereof except as expressly set forth herein.
Pathlight also reserves the right to suspend or disable access to the Service if Pathlight determines Customer has used, or is using, the Service in breach of this Agreement.
Pathlight will use its commercially reasonable efforts to cause the Pathlight Service to be available to Customer during the same time periods that the Pathlight Service is available to Pathlight’s other subscribers generally.
Pathlight shall have no liability under this Section 11.1 to the extent that any third-party claims described herein are based on use of the Service in a manner that violates this Agreement or the instructions given to Customer by Pathlight.
Pathlight will have no liability for any costs, losses, damages, or liabilities arising out of or related to Pathlight’s exercise of its termination rights under this Agreement.
If and to the extent necessary or required by the terms of the 1997 Stock Option Plan of Pathlight Technology, Inc.
If Customer terminates this Agreement for cause, Pathlight will refund the unused portion of the Subscription Fees that Customer had paid for the Service for the remainder of the Subscription Term.
Pathlight Capital LP shall act as the “collateral agent” under the Loan Documents, and each of the Lenders hereby irrevocably appoints and authorizes Pathlight Capital LP to act as the agent of such Lender for purposes of acquiring, holding and enforcing any and all Liens on Collateral granted by any of the Loan Parties to secure any of the Obligations, together with such powers and discretion as are reasonably incidental thereto.