License and Sublicense. Subject to the terms and conditions of this Agreements Excel hereby grants, and BTI hereby accepts, a perpetual, worldwide, non-terminable, non-exclusive license (in the case of Programs proprietary to Excel) or sublicense (in the case of Programs owned by third parties), to use, and/or distribute directly or through a sublicensee or a succession of sublicensees to an end user to use (i.e. BTI and successive end-users may assign their sublicense to use), each Program and Sublicensed Program in connection with the Designated Equipment (and no other Excel base unit) except for EXCEL equipment replacing Designated Equipment) on which such Program and Sublicensed Program is first installed and as the same may be connected with any associated hardware and software, whether from Excel, BTI or a third party. The price established in this Agreement for a Program and/or Sublicensed Program shall be the only consideration due in connection with that Program and/or Sublicensed Program. BTI agrees that the owner of Sublicensed Programs shall, with respect to those Sublicensed Programs, have the right to enforce the terms and conditions of this sublicense against BTI. BTI's rights to license and sublicense hereunder shall terminate upon the termination of this Agreement, provided that (i) the termination of such rights shall not affect licenses and sublicenses previously granted by BTI, (ii) such termination will not affect BTI's right to grant licenses and sublicenses with respect to Products accepted and paid for by BTI at the time of such termination, and (iii) BTI shall have the limited right to retain and use the Products to the extent necessary and to fulfill BTI's obligations to support existing license and sublicenses.
License and Sublicense. Fee (1) The license fee under the Patent Exclusive License Agreement is RMB7,000,000. According to the Patent Exclusive License Agreement, the Licensee should pay the license fee to the Licensor in a lump sum. (2) The total sublicense fee under the Patent Exclusive Sublicense Agreement i s RMB 7 , 500 , 811 . The Sublicensee shall pay sublicense fee to the Sublicensor at the end of each month in installments in accordance with the terms and conditions of Patent Exclusive Sublicense Agreement during the license period. The terms of the Patent Exclusive License and Sublicense Agreements, including the license fee, sublicense fee and other expenses, were determined upon arm’s length negotiation between the Sublicensor and the Sublicensee with reference to (i) appraisal value of the Patent Assets; and (ii) prevailing market prices of the same category of patent in the PRC. Patent Assets The patent asset is a magnetic filter and rotary joint device, with an appraisal value of approximately RMB7,100,000. License and Sublicense Period 24 months, which commenced on June 23, 2022 and shall expire on June 22, 2024. Security Deposits The Sublicensee agreed to pay the security deposits for the Patent Exclusive Sublicense Agreement of RMB490,000 (bearing nil interests). When the last payment of the Patent Exclusive Sublicense Agreement is due to be paid, the sublicense fee and other payables under the final payment will automatically be deducted from the related deposit, and the Sublicensor will refund the Sublicensee the remaining amount (if any). Guarantee and Security The ultimate beneficial owner of the Sublicensee provides joint and several liabilities guarantee for the debts of the Sublicensee under the Patent Exclusive Sublicense Agreement. REASONS FOR AND BENEFITS OF ENTERING INTO THE PURCHASE AGREEMENTS, THE FINANCE LEASE AGREEMENTS, THE PATENT EXCLUSIVE LICENSE AGREEMENT AND THE PATENT EXCLUSIVE SUBLICENSE AGREEMENT The Company’s principal activities are to provide finance leasing and advisory services to customers. The entering of the Purchase Agreements, the Finance Lease Agreements, the Patent Exclusive License Agreement and the Patent Exclusive Sublicense Agreement is part of the Company’s ordinary and usual course of business, which is expected to provide a stable revenue and cashflow to the Company. The Directors consider that entering into the Purchase Agreements, the Finance Lease Agreements, the Patent Exclusive License Agreement, the Patent Exclusiv...
License and Sublicense. (a) LICENSOR hereby grants LICENSEE, to the extent of the Licensed Field, a worldwide, non-exclusive, royalty-free, fully paid-up license under the Patent Rights to make, have made, use and sell Licensed Product and to practice, have practiced, use and sell Licensed Processes. * – Confidential Treatment Requested
License and Sublicense. (a) (i) After termination of this Agreement (except for termination by SUPPLIER for cause) (ii) in the event that SUPPLIER can no longer produce and cause to be delivered to POINT BLANK any of the Products required to be so produced and delivered hereunder, or (iii) in the event that POINT BLANK has requested SUPPLIER to produce Product in excess of the Maximum Monthly Capacity and SUPPLIER is unable to satisfy such orders within a reasonable period of time, SUPPLIER hereby grants POINT BLANK a non-exclusive, AS IS, and without any warranties or representations of any kind (except the representation and warranty included in Section 4.9 hereof), license to exploit the Licensed Intellectual Property to make, have made for it by others, use and sell anywhere in the world soft body armor that utilizes such Licensed Intellectual Property (collectively, the “POINT BLANK License”). POINT BLANK shall have the right to sublicense said Licensed Intellectual Property to any third party manufacturer who makes soft body armor or Products for POINT BLANK (a “Sublicensee”) for the sole purpose of supplying POINT BLANK with Products (including Revised Products). Sublicensees shall not be permitted to grant a sublicense or assign their sublicense to any other Person. The license provided in this subsection 9.2 shall survive any termination of this Agreement unless otherwise agreed upon in writing by POINT BLANK and SUPPLIER.
License and Sublicense. (a) Licensor hereby grants to Licensee, and Licensee hereby accepts, a non-exclusive license to develop, market, sell and support the Licensed Product worldwide and further grants Licensee the unrestricted right to grant sublicenses to End Users;
License and Sublicense. 1. Manager will obtain a license agreement with rating / issuance system vendor for use of its base system for all commercial lines of insurance and workers compensation insurance as they are fully developed, implemented and available from vendor.
License and Sublicense. Subject to the terms and conditions of this Agreement, CBMX hereby grants to RDG a royalty-bearing world-wide and non-exclusive (subject to Section 2.1.1 regarding Desk Top Synthesizers) license to use the Technology only within the Field only for the purposes of (i) developing Content for Catalogue Arrays and Catalogue Cassettes and (ii) marketing, distributing, selling and having sold Licensed Products, in the Territory to End Users, together with a non-exclusive right to sublicense RDG Affiliates (for as long as they remain RDG Affiliates and provided that RDG remains responsible for all of its obligations and those of its Affiliates under this Agreement); provided that as a condition to marketing, distributing, selling, having sold, disposing or otherwise transferring any applicable Licensed Product to any End User, RDG and its Affiliates shall comply with the terms and conditions set forth elsewhere in this Agreement. Section 3.2 (c) and 3.3 (f) provide under certain circumstances for an additional limited license and manufacturing rights to be granted to RDG. RDG will be free to determine its own resale and licensing prices of the Licensed Products to End Users. RDG and its Sales Representatives shall not use, market, sell, distribute, transfer or dispose of the Technology or Licensed Products for any purpose not licensed or permitted by this Agreement provided however that the use for any purpose of biochips by other manufacturers than CBMX by RDG Customers on Hybridizer/Readers and Desk Top Synthesizers - if such use is technically possible - is beyond RDG's reasonable control and shall not be a violation of this Agreement unless such use is promoted or assisted by RDG.
License and Sublicense. (i) Subject to the terms and conditions of this Agreement and the Upstream Agreements, Cell Genesys hereby grants Takeda an exclusive (even as to Cell Genesys except as provided in Section 2.1(b) below), royalty-bearing license, or sublicense, as the case may be, with the right to sublicense as provided below, under the Cell Genesys Technology, to Develop, use, sell, offer for sale, have sold, Distribute, import and otherwise Commercialize the Product in the Field in the Licensed Territory. Subject to the terms and conditions of this Agreement, the Upstream Agreements, and the Supply Agreement, Cell Genesys hereby grants Takeda a non-exclusive, royalty-bearing license, or sublicense, as the case may be, with the right to sublicense as provided below, under the Cell Genesys Technology, to make and have made the Product for use in the Field in the Licensed Territory. [*] = INDICATES THAT CERTAIN INFORMATION CONTAINED HEREIN HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES ACT OF 1934, AS AMENDED. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTION.
License and Sublicense. Licensor grants to Customer a non‑exclusive license to use the WIN Software embedded on a Billing CD ROM on a single computer terminal connected to a single CD ROM drive for the sole purpose of processing and reformatting paging management reports, billing manager, and exceptional reporting in a Microsoft® WINDOWS operating environment. Customer shall not: (a) copy any part of the Licensed Products (except to make one archive copy); (b) modify, translate or merge the Licensed Products with another program; (c) reverse‑engineer, disassemble, decompile, alter, reverse translate or in any other way derive any source code from the Licensed Products; (d) assign, sublicense or transfer, lease, rent, time‑share, or lend Customer’s rights under this Agreement or any portion of the Licensed Products without the prior written consent of Wireless, which may be withheld at Wireless’s sole discretion (any unauthorized attempt to transfer this Agreement or the license granted hereunder shall result in the automatic termination of this Agreement); or (e) operate the WIN Software on a network unless Customer has paid the applicable royalty for multiple copy or network use.
License and Sublicense
