Reservation by Licensor Sample Clauses

Reservation by Licensor. Licensor hereby reserves the right to use the License Area for any use not inconsistent with Licensee’s permitted use of the License Area. In addition, Licensor expressly reserves the right to grant or issue to others the right to use all or any portion of the License Area. Without limiting the foregoing, Licensor reserves the right to require the relocation of the License Area at any time, or from time to time, at Licensor’s cost and expense. If the License Area is relocated as provided for in the previous sentence, then this Agreement shall be amended in order to terminate the License in its previous location and to grant the License in the new location.
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Reservation by Licensor. Notwithstanding anything to the contrary herein, Licensor hereby reserves the right to use the License Area for any use not inconsistent with Licensee’s permitted use of the License Area. Without limiting the generality of the foregoing, Licensor expressly reserves the right to grant or issue additional rights, licenses or encumbrances to other third parties to use or occupy the License Area (or the surface of the Licensor Property above same). Licensee hereby understands and agrees that the License is issued on a non-exclusive basis and that other third parties have been, and/or may be in the future, issued the right by Licensor to use the License Area and/or surrounding areas in a way that does not materially prevent or impair the use or exercise of the License rights issued hereby.
Reservation by Licensor. LICENSOR reserves unto itself the permanent right to maintain and replace the five (5) street signs located at the latitudes and longitudes more particularly described in Exhibit A. However, prior to replacing any or all of the five (5) street signs, LICENSOR shall notify LICENSEE, in accordance with Notices and Communications provision set forth below at section 11, in order to allow LICENSEE to coordinate removal of the impacted TLD(s) and then placement of the impacted TLD(s) on the new sign(s).
Reservation by Licensor. Notwithstanding anything herein to the contrary, the above grant is subject to a reservation of rights by UVA LVG for itself, UVA and Laval to practice under the Licensed Rights for educational, research and other internal purposes. UVA LVG further excludes from the license granted herein the right to bring an infringement action against, seek monetary damages from, or seek an injunction against, any Author or their present or future not-for-profit employers even after such employment has ended, for infringement of the portion of the Licensed Rights of which they are the Author in carrying out not-for-profit research. Nothing herein shall be construed to require UVA LVG to bring any such action against any such party. Each Author shall have the right to bring the most current version of any Licensed Content, Licensed Software, and/or Licensed Platform of which he/she is an author at the time of their departure from UVA or Laval to their future not for profit employers to use for not-for-profit research only. A list of Authors associated with the Licensed Software, Licensed Platform, and Licensed Content is attached hereto as Exhibit D.
Reservation by Licensor. Licensor may from time to time, at any time, discontinue, resume or change any present or future use of the Licensed Marks, provided, however, that Licensor shall not take any action which directly affects the Licensed Articles in a negative manner.
Reservation by Licensor. Notwithstanding anything herein to the contrary, the above grant is subject to a reservation of rights by Foundation for itself and UVA to practice under the Licensed Rights solely for educational, not-for-profit research, patient care and treatment, and other internal, noncommercial purposes, provided that the exercise of such reserved rights by Foundation shall not (i) be on behalf of, sponsored with funding received from, or subject to any intellectual property rights granted to any commercial third party nor (ii) include any human use or clinical administration without prior written approval from Adial. Foundation further excludes from the license granted herein the right to bring an infringement action against, seek monetary damages from, or seek an injunction against, any Inventor or their present or future not-for-profit employers even after such employment has ended, for infringement of any of the Licensed Rights in carrying out not-for-profit research. Nothing herein shall be construed to require Foundation to bring any such action against any such party. Such reservation shall further include the right to provide Licensed Know-how, and to grant licenses under the Licensed Patents, to not-for-profit and governmental institutions solely for their internal research and scholarly use only, in accordance with the NIH Guidelines for Obtaining and Disseminating Biomedical Research Resources (as published in the U.S. Federal Register / vol 64, No. 246 – 12/23/99).

Related to Reservation by Licensor

  • Termination by Licensee 10.1 Licensee will have the right at any time to terminate this Agreement in whole or as to any portion of Patent Rights by giving notice in writing to The Regents. Such Notice of Termination will be subject to Article 18. (Notices) and termination of this Agreement will be effective sixty (60) days after the effective date thereof.

  • Grant of License to Use Intellectual Property For the purpose of enabling the Notes Collateral Agent to exercise rights and remedies under this Agreement at such time as the Notes Collateral Agent shall be lawfully entitled to exercise such rights and remedies, each Grantor shall, upon request by the Notes Collateral Agent at any time after and during the continuance of an Event of Default, grant to the Notes Collateral Agent an irrevocable (until the termination of the Indenture) nonexclusive license (exercisable without payment of royalty or other compensation to the Grantors) to use, license or sublicense any of the Collateral now owned or hereafter acquired by such Grantor, and wherever the same may be located, and including in such license reasonable access to all media in which any of the licensed items may be recorded or stored and to all computer software and programs used for the compilation or printout thereof; provided, however, that nothing in this Section 3.03 shall require Grantors to grant any license that is prohibited by any rule of law, statute or regulation or is prohibited by, or constitutes a breach or default under or results in the termination of any contract, license, agreement, instrument or other document evidencing, giving rise to or theretofore granted, to the extent permitted by the Indenture, with respect to such property; provided, further, that such licenses to be granted hereunder with respect to Trademarks shall be subject to the maintenance of quality standards with respect to the goods and services on which such Trademarks are used sufficient to preserve the validity of such Trademarks. The use of such license by the Notes Collateral Agent may be exercised, at the option of the Notes Collateral Agent, during the continuation of an Event of Default; provided that any license, sublicense or other transaction entered into by the Notes Collateral Agent in accordance herewith shall be binding upon the Grantors notwithstanding any subsequent cure of an Event of Default.

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