Required Licensor definition

Required Licensor means, with respect to inventory of the Borrower or a Restricted Subsidiary that is sold under a licensed trademark, each licensor that has licensed such trademark to the Borrower and/or the Restricted Subsidiaries to the extent that the gross revenues received or to be received by the Borrower and/or the Restricted Subsidiaries with respect to the sale of inventory subject to such licensed trademark equals or is in excess of Five Million Dollars ($5,000,000) for any twelve month period (taking into account sales as well as unfilled orders). The Required Licensors as of the Restatement Date are Xxxxxxxx Xxxxx, Inc. (as to the “Xxxxxxxx Xxxxx” licensed trademark) and Levi Xxxxxxx & Co. (as to the “Dockers” and “Dockers Premium” licensed trademarks).
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Required Licensor means, with respect to Inventory of a Borrower that is sold under a licensed trademark, each licensor that has licensed such trademark to such Borrower to the extent that the gross revenues received (or expected to be received) by Borrowers with respect to the sale of Inventory subject to such licensed trademark (and any related licensed trademarks) equals or exceeds $5,000,000 for any twelve month period (taking into account sales as well as unfilled orders). As of the Closing Date, “Required Licensors” are Xxxxxxxx Xxxxx, Inc. (as to the “Xxxxxxxx Xxxxx” licensed trademark), Levi Xxxxxxx & Co. (as to the “Dockers” and “Dockers Premium” licensed trademarks), Xxxxxxxxx Xxxxxx, Inc. (as to the “Xxxxxxxxx Xxxxxx” licensed trademark, and JA Apparel Corp. (as to the “XXX Xxxxxx Xxxxxx” licensed trademark).
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Required Licensor means, with respect to inventory of the Borrower or a Restricted Subsidiary that is sold under a licensed trademark, each licensor that has licensed such trademark to the Borrower and/or the Restricted Subsidiaries to the extent that the gross revenues received or to be received by the Borrower and/or the Restricted Subsidiaries with respect to the sale of inventory subject to such licensed trademark equals or is in excess of $5,000,000 for any twelve month period (taking into account sales as well as unfilled orders). The Required Licensors as of the Effective Date are Xxxxxxxx Xxxxx, Inc. (as to the "Xxxxxxxx Xxxxx" licensed trademark) and Levi Xxxxxxx & Co. (as to the "Dockers" and "Dockers Premium" licensed trademarks).
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Examples of Required Licensor in a sentence

  • At any time a licensor that has licensed a trademark to the Borrower and/or a Restricted Subsidiary becomes a Required Licensor, written notice thereof as soon as possible and in any event within five (5) days after such licensor becomes a Required Licensor.

Related to Required Licensor

  • Licensor means the copyright owner or entity authorized by the copyright owner that is granting the License.

  • Third Party Licensor means the relevant licensor of any Third Party Data or any Third Party Trade Xxxx;

  • Sub-Licensee means all person/ agency with whom Licensee has executed sub license agreement as per terms and conditions of license agreement executed between DMRC and the Licensee, for commercial utilization of the Bare Spaces.

  • Licensee has the meaning set forth in the preamble.

  • OMP means Occupational Medical Practitioner

  • the Licensee means the person(s) named in the licence.

  • Sublicensee means a third party to whom LICENSEE grants a sublicense of certain rights granted to LICENSEE under this Agreement.

  • License Key means a unique key-code that enables Licensee to run Software subject to the obtained User Pack.

  • imitation firearm means an article, not being a firearm, which has the appearance of being a firearm, or which may reasonably be taken to be a firearm;

  • End User License means any license terms imposed by any Third Party Vendor on Customers and End Users. “Force Majeure Event” means an event or occurrence:

  • End User License Agreement means a license grant or end user license agreement governing software as further described in this Agreement or any applicable Appendix.

  • Third Party License means licenses from third parties governing third party software embedded or used in the Trading Platform.

  • licensed distributor means any holder of a distribution licence.

  • Licensors means each entity listed on the list entitled “Licensors” which can be accessed on the Website and which may be amended from time to time by Licensing Company; provided, however, that “Licensors” for the purposes of this License Agreement shall only include those entities that are listed on the list entitled “Licensors” during the Term.

  • IDC means the NERC Interchange Distribution Calculator used for identifying and requesting congestion management relief.

  • Third Party Content means all software, data, text, images, audio, video, photographs and other content and material, in any format, that are obtained or derived from third party sources outside of Oracle that You may access through, within, or in conjunction with Your use of, the Services. Examples of Third Party Content include data feeds from social network services, rss feeds from blog posts, Oracle data marketplaces and libraries, dictionaries, and marketing data. Third Party Content includes third-party sourced materials accessed or obtained by Your use of the Services or any Oracle-provided tools.

  • CREFC® Intellectual Property Royalty License Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0005% per annum.

  • Licensed Material means the artistic or literary work, database, or other material to which the Licensor applied this Public License.

  • Named User License means the Metric and Licensed Level applicable to each Named User.

  • Intercompany License Agreement means any cost sharing agreement, commission or royalty agreement, license or sub-license agreement, distribution agreement, services agreement, Intellectual Property rights transfer agreement or any related agreements, in each case where all the parties to such agreement are one or more of the Borrower and any Restricted Subsidiary thereof.

  • Licensed Marks means the Localized Game Marks and such other trademarks expressly authorized in writing by Shengqu to be used by the Licensees.

  • Company Licensed IP means all Intellectual Property rights owned or purported to be owned by a third party and licensed to the Company or any Company Subsidiary or to which the Company or any Company Subsidiary otherwise has a right to use.

  • Trademark Licensee means any corporation, partnership, limited liability company or similar legal entity (and not a person) that has a written trademark license agreement with Registry Operator or its Affiliate, for use of the registered trademark owned by Registry Operator or its Affiliate, the textual elements of which correspond exactly to the .Brand TLD string operated by Registry Operator, where:

  • Imported content means that portion of the bidding price represented by the cost of components, parts or materials which have been or are still to be imported (whether by the supplier or his subcontractors) and which costs are inclusive of the costs abroad, plus freight and other direct importation costs such as landing costs, dock dues, import duty, sales duty or other similar tax or duty at the South African place of entry as well as transportation and handling charges to the factory in the Republic where the supplies covered by the bid will be manufactured.

  • Sublicensees as used herein in either singular or plural shall mean any person or entity other than an AFFILIATED COMPANY to which Company has granted a sublicense under this Agreement.

  • Licensed Trademarks means the trademarks, service marks, trade dress, logos and other icons or indicia designated by SCEA in the SourceBook 2 or other Guidelines for use on or in connection with Licensed Products. Nothing contained in this Agreement shall in any way grant Publisher the right to use the trademark "Sony" in any manner. SCEA may amend such Licensed Trademarks from time to time in the SourceBook 2 or other Guidelines or upon written notice to Publisher.