WORLDWIDE LICENSE definition
Examples of WORLDWIDE LICENSE in a sentence
Subject to the terms and ------------------------- conditions of this Agreement, NDC hereby grants to Global Payments, the NDC eCommerce Subsidiaries and their subsidiaries, (individually, a "Licensee" and collectively, the "Licensees") for a period of eighteen (18) months from the Distribution Date, a NON-EXCLUSIVE, NON-TRANSFERABLE, WORLDWIDE LICENSE, WITHOUT THE RIGHT TO SUBLICENSE, to use the eCommerce Marks in connection with the eCommerce Business.
BY SUBMITTING A PROPOSED SOLUTION TO THIS CHALLENGE, EACH SOLVER AGREES TO GRANT TO THE ▇▇▇▇▇▇▇ & ASSOCIATES AND ITS AFFILIATES A ROYALTY FREE, PERPETUAL, IRREVOCABLE, TRANSFERABLE, NON-EXCLUSIVE, WORLDWIDE LICENSE IN RESPECT OF ALL SUCH INTELLECTUAL PROPERTY RIGHTS, IF ANY, FOR THE PURPOSES OF COMMERCIAL EXPLOITATION OF THE IDEA OR CONCEPT DEMONSTRATED BY THE PROPOSED SOLUTION.
NOTWITHSTANDING GRANTING THE ▇▇▇▇▇▇▇ & ASSOCIATES AND ITS AFFILIATES A PERPETUAL, IRREVOCABLE, TRANSFERABLE, NON-EXCLUSIVE, WORLDWIDE LICENSE TO THE IDEA OR CONCEPT DEMONSTRATED BY THE PROPOSED SOLUTION, THE SOLVER RETAINS OWNERSHIP OF SUCH IDEA OR CONCEPT.
ENTRANT HEREBY GRANTS TO THE HOST AND ITS LEGAL REPRESENTATIVES, SUCCESSORS AND ASSIGNS, AN IRREVOCABLE, AND WORLD-WIDE LICENSE TO USE IN PERPETUITY THE SUBMISSIONS IN ANY FORM OR FORMAT AND TO MODIFY THE SAME, AND ACKNOWLEDGES AND AGREES THAT IF HOST DOES USE THE SUBMISSIONS CONTESTANT SHALL NOT BE ENTITLED TO ANY CREDIT, CONSIDERATION, NOTICE OR PAYMENTS OF ANY KIND.
SHERWOOD HEREBY WAIVES ALL RIGHT, TITLE AND INTEREST IN AND TO THE NEW INTELLECTUAL PROPERTY AND GRANTS TO MATTRESS FIRM A ROYALTY-FREE, NON-EXCLUSIVE, PERPETUAL, WORLDWIDE LICENSE TO USE ANY CONFIDENTIAL OR PROPRIETARY INFORMATION OF SHERWOOD INCLUDED IN THE NEW INTELLECTUAL PROPERTY; PROVIDED THAT SUCH CONFIDENTIAL OR PROPRIETARY INFORMATION SHALL CONTINUE TO OTHERWISE BE TREATED AS CONFIDENTIAL INFORMATION IN ACCORDANCE WITH THIS AGREEMENT.
DynEco has heretofore licensed certain intellectual property to ▇▇▇▇▇▇-▇▇▇▇▇▇▇▇ Corporation, an Ohio corporation (hereinafter “▇▇▇▇▇▇”), pursuant to an EXCLUSIVE WORLDWIDE LICENSE AGREEMENT effective May 1, 2003 and hereinafter referred to as the “2003 ▇▇▇▇▇▇ AGREEMENT” and WHEREAS ▇▇▇▇▇▇▇ and DynEco desire to (1) supplement the 1992 LICENSE AGREEMENT, (2) modify the 1994 EMPLOYMENT AGREEMENT, and (3) validate the licensing of intellectual property by DynEco to ▇▇▇▇▇▇ in the 2003 ▇▇▇▇▇▇ AGREEMENT.