Examples of License Assets in a sentence
The Licensee may not sell, lease or pledge any of the assets used in performance of the License (hereinafter – the License Assets) with the Minister's prior consent and in accordance with the conditions determined by him.
A2 Notwithstanding that stated in Clause 18.1, the Licensee is entitled to encumber one of the License Assets in favour of a bank duly operating in Israel, for the purpose of receiving bank credit, provided that it has furnished notice of the encumbrance that it intends to create, whereby the encumbrance agreement includes a clause ensuring that that, in any event, the exercise of the rights by the banking corporation will not cause any impairment in the provision of the services pursuant to this license.
Without derogating from the generality of that stated in Clauses 18.1, the Minister will give his consent for the granting of rights in the License Assets to a third party, if he is convinced to his satisfaction that the Licensee has promised that, in any event, the exercise of the rights by a third party will not cause any impairment in the provision of the services pursuant to this License, as long as the Licensee is obligated to provide these services pursuant to the provisions of this License.
License Assets constitute a substantial portion of the assets of HOT and the HOT Refinancing Note Guarantors.
Example: LAC 1 consists of: F31505-K147-C1 OS Voice V8 Base F31505-K147-C4 OS Voice V8 UC ServerF31505-K147-C2 OS Voice V8 Dynamic User F31505-K147-C7 S Voice V8 SuSE 3 Year Upgrade Protection F31505-K148-A512 SSP for OpenScape Voice V8 Dynamic User Contract F31505-K148-A511 SSP for OpenScape Voice V8 Base Contract Image 1.a.1 - View License Assets – Licenses Delivered TRANSFERRING THE LICENSES: The Distributer logs into his CLS account.