Examples of Third Party Licensee in a sentence
Restrictions on Use for the Benefit of a Third Party Licensee may not use the Program or any component thereof to provide service bureau, hosting services, or any sort of commercial information technology services to third parties, or transfer the Program to a third party, unless otherwise agreed to in writing by IBM.
During any time which any Licensed Product is being commercially distributed or sold or being commercially used by Licensee to provide services to a Third Party, Licensee shall, at its sole cost and expense, procure and maintain commercial general liability insurance.
If Licensee or any of its Affiliates believes that it is necessary to obtain a license to Exploit such Licensed Product to avoid infringement of the intellectual property rights owned or controlled by a Third Party, Licensee may deduct from any Royalty due on the Net Sales of such Licensed Product for a Calendar Year [***] of the license fees, royalties, or other amounts paid by Licensee or its Affiliates to such Third Party for such Calendar Year for the grant or maintenance of such license.
Third Party Licensee means a Third Party to whom You have licensed Your Information Technology Products pursuant to a legally enforceable, written contract (including a Shrink Wrap Licence).
After reviewing and giving due consideration to the Monitoring Trustee's reasoned opinion and any other relevant material before it, the Commission shall, as soon as reasonably practicable after receiving the Monitoring Trustee's reasoned opinion, approve any suitable third party recommended by the Monitoring Trustee to be the Third Party Licensee and issue a written declaration to this effect to the Parties and Hyperfeed, with a copy to the Monitoring Trustee.