Partnership License definition

Partnership License is defined in Section 4.3.
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Examples of Partnership License in a sentence

  • QEP agrees, on behalf of itself and the other QEP Entities, that ownership of the Partnership Marks and the goodwill relating thereto shall remain vested in the General Partner, for the benefit of the Partnership, during the term of the Partnership License and thereafter.

  • USD agrees, on behalf of itself and the other USD Entities, that ownership of the Partnership Marks and the goodwill relating thereto shall remain vested in the General Partner, for the benefit of the Partnership, during the term of the Partnership License and thereafter.

  • The USD License and the Partnership License shall each terminate upon the termination of this Agreement pursuant to Section 6.5.

  • The QEP License and the Partnership License shall each terminate upon the termination of this Agreement pursuant to Section 5.5.

  • There is no breach or violation of any Partnership License by the Partnership or by any third party or threatened or actual loss of rights accruing to the Partnership under any Partnership License.

  • Each Partnership License is a legal, valid and binding agreement of the Partnership and each Partnership License is a legal, valid and binding agreement of the other parties thereto.

  • A Partnership License Agreement for such Product shall be deemed to be effective as of the date of such notice of exercise without the necessity of any additional action by the parties.

  • Unless earlier terminated in accordance with Section 7.2 below, this Agreement shall commence as of the Effective Date and shall Lindows License final 11-21-03 continue in effect until (a) termination of this Agreement by either party upon thirty (30) days written notice or (b) the termination of the Xxxxxxx.xxx Partnership License Agreement in accordance with its terms, whichever is earlier.

  • The consummation of the 29 24 transactions contemplated by this Agreement will not result in the termination of, or any modification to, any Partnership License, except where the foregoing would not have a material effect on the conduct of the business of the Partnership.

  • For the convenience of the parties, however, the Partnership shall, upon receipt of ALZA's notice, forward to ALZA two executed copies of a Partnership License Agreement dated the effective date; ALZA shall execute both copies and return one to the Partnership as soon as possible.

Related to Partnership License

  • Partnership Loan has the meaning provided in Section 5.2(c) hereof.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Ownership Limit means, for any Person other than the Initial Holder or a Look-Through Entity, a number of the Outstanding shares of Class C Preferred Stock of the Corporation having an Aggregate Value not in excess of the excess of (x) 8.7% of the Aggregate Value of all Outstanding shares of Equity Stock over (y) the Aggregate Value of all shares of Equity Stock other than Class C Preferred Stock that are Beneficially Owned by the Person.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • General Partner Interest means a Partnership Interest held by the General Partner, in its capacity as general partner. A General Partner Interest may be expressed as a number of Partnership Units.

  • Partnership Interest means an ownership interest in the Partnership held by either a Limited Partner or the General Partner and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • Look-Through Ownership Limit means, for any Look-Through Entity, a number of the Outstanding shares of Class B Preferred Stock of the Corporation having an Aggregate Value not in excess of the excess of (x) 15% of the Aggregate Value of all Outstanding shares of Equity Stock over (y) by the Aggregate Value of all shares of Equity Stock other than Class B Preferred Stock that are Beneficially Owned by the Look-Through Entity.

  • Common Share Ownership Limit means not more than 9.8 percent (in value or in number of shares, whichever is more restrictive) of the aggregate of the Outstanding Common Shares, or such other percentage determined by the Manager in accordance with Section 13.9.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • MLP Agreement means the First Amended and Restated Agreement of Limited Partnership of the MLP, as it may be amended, restated, supplemented or otherwise modified from time to time.

  • Common Units means common units representing limited partner interests in the Partnership.

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of such Act.

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all Limited Partners and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. A Limited Partner Interest may be expressed as a number of Partnership Common Units, Partnership Preferred Units or other Partnership Units.

  • Limited Partnership Agreement means the Second Amended and Restated Agreement of Limited Partnership of the Partnership dated as of March 9, 2004, as amended from time to time.

  • Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Operating Partnership dated as of , 2011, as the same may be amended, modified or restated from time to time.

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • Partnership Minimum Gain has the meaning set forth in Regulations Section 1.704-2(b)(2), and the amount of Partnership Minimum Gain, as well as any net increase or decrease in Partnership Minimum Gain, for a Partnership Year shall be determined in accordance with the rules of Regulations Section 1.704-2(d).

  • Operating Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, as it may be amended, supplemented or restated from time to time.

  • Beneficial Ownership Limitation shall have the meaning set forth in Section 4(d).

  • Partnership Security means any class or series of equity interest in the Partnership (but excluding any options, rights, warrants and appreciation rights relating to an equity interest in the Partnership), including without limitation, Common Units, Subordinated Units and Incentive Distribution Rights.

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

  • Partnership Agreements means the partnership agreements together with all agreements, certificates and other documents provided to and approved by Lender and which govern the existence, operation and ownership of the Partnerships.