Restricted Licensee definition

Restricted Licensee means a natural person (or persons) or an entity which has been granted a Restricted License under these Regulations and whose Restricted License has not expired or been struck off.
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Restricted Licensee means a person or partnership that holds a valid restricted insurance agent’s licence;
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Restricted Licensee means any Entity which has an [***] from third-party [***] in the United States (including all such [***] in the United States of its Affiliates) which exceeds [***] Dollars ($[***] in its most recently ended fiscal year, except for the [***] listed on Exhibit C attached hereto. The determination of an Entity’s [***] for purposes of this definition shall be made based on the best information available to the parties, including without limitation public filings, industry reports, or representations made by such Entity.
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Examples of Restricted Licensee in a sentence

  • Notwithstanding the foregoing or anything in this Agreement to the contrary, Company understands and agrees that it shall not use Restricted Licensee Marks except as expressly permitted and absolutely necessary under this Agreement.

  • For purposes of this Agreement, “Semi-Exclusive” means BGM shall not license or otherwise transfer or provide the Licensed Technology to any Restricted Licensees for use with Manual Tests in the United States, or authorize or permit use of the Licensed Technology by any Restricted Licensees under the terms of any agreement with Restricted Licensee (whether through a covenant not to ▇▇▇ or otherwise) in connection with Manual Tests in the United States, during the Semi-Exclusive Period.

  • In the event an Entity supplied and licensed by BGM as a Permitted Licensee subsequently becomes a Restricted Licensee without the occurrence of any M&A Transactions (i.e., based solely on natural growth of its gross revenues), then such Entity shall retain its status as a Permitted Licensee.

  • This agreement does not provide or grant to Company any license or other right to use the Restricted Licensee Marks.

  • Within sixty (60) days after its receipt of the First Refusal Notice, BBC may elect, by written notice to JC, to require JC to enter into a Product License with BBC rather than the Restricted Licensee on terms identical to the agreement provided to BBC with the First Refusal Notice.


More Definitions of Restricted Licensee

Restricted Licensee means a person or partnership that holds a valid restricted licence;
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Restricted Licensee means a restricted licensee as defined in Division 4 of Part V.
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Restricted Licensee means a body corporate, partnership or sole proprietorship that holds a valid and subsisting restricted insurance agent’s licence, but does not include an insurer;
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Related to Restricted Licensee

  • Restricted License is any material license or other agreement with respect to which Borrower is the licensee (a) that prohibits or otherwise restricts Borrower from granting a security interest in Borrower’s interest in such license or agreement or any other property, or (b) for which a default under or termination of could interfere with the Bank’s right to sell any Collateral.

  • Restricted List means the list of companies maintained by the Compliance Officer about which the Adviser or its affiliates potentially possess material nonpublic information.

  • Permitted License means any non-exclusive license of patent rights of Borrower or its Subsidiaries so long as all such Permitted Licenses are granted to third parties in the Ordinary Course of Business, do not result in a legal transfer of title to the licensed property, and have been granted in exchange for fair consideration.

  • Permitted Licenses are (A) licenses of over-the-counter software that is commercially available to the public, and (B) non-exclusive and exclusive licenses for the use of the Intellectual Property of Borrower or any of its Subsidiaries entered into in the ordinary course of business, provided, that, with respect to each such license described in clause (B), (i) no Event of Default has occurred or is continuing at the time of such license; (ii) the license constitutes an arms-length transaction, the terms of which, on their face, do not provide for a sale or assignment of any Intellectual Property and do not restrict the ability of Borrower or any of its Subsidiaries, as applicable, to pledge, grant a security interest in or lien on, or assign or otherwise Transfer any Intellectual Property; (iii) in the case of any exclusive license, (x) Borrower delivers ten (10) days’ prior written notice and a brief summary of the terms of the proposed license to Collateral Agent and the Lenders and delivers to Collateral Agent and the Lenders copies of the final executed licensing documents in connection with the exclusive license promptly upon consummation thereof, and (y) any such license could not result in a legal transfer of title of the licensed property but may be exclusive in respects other than territory and may be exclusive as to territory only as to discrete geographical areas outside of the United States; and (iv) all upfront payments, royalties, milestone payments or other proceeds arising from the licensing agreement that are payable to Borrower or any of its Subsidiaries are paid to a Deposit Account that is governed by a Control Agreement.

  • Restricted Party means a person that is: