potential licensee definition
Examples of potential licensee in a sentence
This term sheet summarizes the principal terms with respect to a possible license of University technology to the entity listed in section 1 as Potential Licensee.
If Potential Licensee remains legally compelled to make such disclosure, it shall: (i) only disclose that portion of the Confidential Information that it is required to disclose; and (ii) use reasonable efforts to ensure that such Confidential Information is afforded confidential treatment.
Potential Licensee" means a company licensed by SONY, Toshiba, or [*] to manufacture and sell Broadband Engines and/or Broadband Engine Derivatives.
Potential Licensee shall continue to be bound by the terms and conditions of this Agreement with respect to such retained Confidential Information.
Nova and the Potential Licensee shall together prepare and provide to Sears together with each Potential Licensee(s) application, a business plan in the form previously approved by Sears.
In connection with the potential license of ▇▇▇▇▇▇’▇ real property located at _ , California (the “Purpose”), ▇▇▇▇▇▇ may disclose Confidential Information (as defined below) to Potential Licensee.
If Potential Licensee or any of its Representatives is required by applicable law or a valid legal order to disclose any Confidential Information, Potential Licensee shall promptly notify ▇▇▇▇▇▇ of such requirements so that ▇▇▇▇▇▇ may seek, at ▇▇▇▇▇▇’▇ expense, a protective order or other remedy, and Potential Licensee shall reasonably assist ▇▇▇▇▇▇ therewith.
Potential Licensee (1.8) [Enter Entity Name], a [Enter Corporation, LLC, etc.] under the laws of the [Enter jurisdiction type country or state] of [Enter Name of Jurisdiction of Entity Registration] having a place of business at [Enter Address], [Enter City], [Enter State] [Enter Zip].
If, after receiving a countersigned Request Notice from Xcel, TS arranges a meeting (the “Initial Meeting”) (which Initial Meeting shall be subject to Xcel’s advance written consent, which consent Xcel may withhold in its sole discretion) between representative(s) of Potential Licensee and Xcel, then such Potential Licensee shall be deemed a “TS Contact” hereunder.
Once TS has identified a Potential Licensee, TS shall send a written notice to Xcel (in the form attached hereto as Exhibit A) (the “Request Notice”) setting forth the name and address of the Potential Licensee and a description of the product categories sought to be sold by the Potential Licensee.