RF License definition
RF License means that certain License Agreement, dated September 12, 2002, by and between The Research Foundation of the State University of New York and Seller, as amended by Amendment to Agreement, by and between The Research Foundation of the State University of New York and Seller, dated as of May 12, 2005, and as subsequently further amended by Amendment to Agreement, by and between The Research Foundation of the State University of New York and Seller, dated December 17, 2012.
RF License means a nonexclusive, royalty free, worldwide, non-transferrable, non- sublicensable (except to Affiliates), patent license under Essential IPR (including all Essential IPR which Granting Member or any of its Affiliates obtains in the future) on fair, reasonable and nondiscriminatory terms, to make, have made for Member using Member specifications, use, market, import, offer to sell, and sell, and to otherwise directly or indirectly distribute, or otherwise commercially exploit in Member products and services, Licensed Material. The RF License shall be void ab initio with respect to a Member if that Member commences legal action against the Granting Member for infringement by the Granting Member of any of the Member's Essential IPR. The RF License shall survive any resignation, termination, expiration or non- renewal of membership in the Alliance of the Granting Member.
Examples of RF License in a sentence
The Purchase Consideration shall be reduced by all amounts necessary to pay off and satisfy all obligations of the Seller with respect to any outstanding cash and/or equity obligations owed by Seller to The Research Foundation of the State University of New York Under the RF License (the “RF Payoff Amount”).
The Content may not be copied or retransmitted in any form without the express written permission of Pixmann or subject to the terms of an RM License Agreement or an RF License Agreement.