New License. Any license to Sponsor as provided herein [**] will be granted by a separate license agreement signed by the parties which shall include at least the following terms and conditions: (a) an appropriate field of use; (b) mutually agreeable license fees and royalties; (c) mutually agreeable minimum royalties and/or other requirements of due diligence to develop and effectively commercialize the Invention; (d) reimbursement of University’s cost of patent filing, prosecution and maintenance; (e) retention by University of a royalty-free right, sublicensable to its research partners, to use the Invention for teaching, research, or other educational or academic purposes; and (f) indemnification of the University.
New License a. To be eligible for reimbursement for a Post Graduate Training License or an Unrestricted California Medical License, including application and processing fees, the issue date of the license must be within the academic year in which reimbursement is sought (however, those fees paid consistent with Section A.3 above would be eligible for reimbursement consistent with the provisions of that section) and the license issued must be for use within an academic year in which the Resident or Fellow is appointed to a residency or fellowship training program.
New License. To be eligible for reimbursement for a new license, including application and processing fees, the issue date of the license must be within the academic year in which reimbursement is sought.
New License. “New License” has the meaning specified in Section 7.3.
New License. If this Agreement is terminated pursuant to Section 27.1, and License was not in Default, Licensor may grant Licensee a License for a new hotel provided that Licensee file an application with Licensor. Licensor will review the application in accordance with its then current standards, criteria and requirements. If the application is approved, Licensor and Licensee will enter into a new license agreement on Licensor's then current form which will contain Licensor's then current terms in all respects except for manually agreed to changes. Licensor will respond to Licensee's application for such new location within six months of its submittal.
New License. OMRF hereby grants ALEXION an exclusive, royalty-free, sublicensable worldwide license to the Patent Rights to research, develop, make, use, practice, market, sell, and commercialize Licensed Products and Licensed Processes (the “New License”). The term of such license shall expire immediately upon the earlier of (i) the date of the Assignment pursuant to Section 3.3, or (ii) default by ALEXION of its payment obligations under Section 4.1. For the avoidance of doubt, during the term of the New License, OMRF agrees that OMRF or any OMRF Affiliate shall not xxx XXXXXXX or any ALEXION Affiliate for infringement of the Patent Rights as a result of ALEXION or any ALEXION Affiliate making, using, selling, offering for sale, or importing any Licensed Products or Licensed Processes in the Territory.
New License. 7.5.1 New License that Does Not Materially Modify the Settlement Agreement The Parties have entered into this Settlement Agreement with the express expectation and condition that FERC will issue a New License that incorporates, without Material Modification, the Proposed License Articles as enforceable License Articles. The Parties agree that if FERC does so, none of the Parties will seek rehearing of the FERC License order as to the Proposed License Articles, or support any such request for rehearing by a non-Party to this Settlement Agreement. If FERC issues a New License that contains a modification other than a Material Modification of the Settlement Agreement, SCL shall comply with both the New License and the Settlement Agreement to the extent legally permissible; if SCL cannot comply with both the New License and the Settlement Agreement, this Settlement Agreement shall be deemed modified to conform to the New License. If FERC issues a New License that incorporates, without Material Modification, the Proposed License Articles as enforceable License Articles, the Parties may only seek rehearing on issues not covered by the Settlement Agreement or License Articles. Any Party seeking rehearing on any issue shall provide Notice to the Parties as far in advance as practicable before filing a rehearing request. This provision shall not apply to Ecology if the New License is inconsistent with the 401 Certification, and shall not apply to a Party submitting a Mandatory Term and Condition or a term and condition of a BiOp, if the New License is inconsistent with that Mandatory Term and Condition or BiOp term or condition.
New License. 3.1 Promptly following the Effective Date, BDSI shall use its Commercially Reasonable Efforts to seek a New Licensee of the rights granted under the D&L Agreement. Prior to entering any material discussions with a potential New Licensee (including disclosing a copy of the D&L Agreement) BDSI shall enter into a confidentiality agreement with the potential New Licensee limiting the disclosure and use Meda’s Confidential Information on customary and reasonable terms, provided that (i) BDSI shall be entitled to disclose Meda’s Confidential Information to the extent it relates to the Licensed Products to potential New Licensees under such an agreement and (ii) the use of such Meda’s Confidential Information to the extent it relates to the Licensed Products shall be permitted only in such negotiations and for purposes of granting and exercising any rights granted under a New License and for no other purpose whatsoever. The sole purpose of any such negotiations shall be the negotiation of a New License with a New Licensee.
New License. If the Liquor License is not subject to transfer under Applicable Law, then Purchaser may, promptly following the end of the Due Diligence Period, make all necessary applications for, and diligently pursue, issuance of, a new Liquor License. At the sole cost and expense of Purchaser, Seller shall (and shall cause Liquor License Holder to) reasonably cooperate with and assist Purchaser in seeking the issuance of such new Liquor License.
New License. A new license entitles the purchaser to:
