Licensing Agreements. On the date hereof, (a) Bank is entering into the Bank Licensing Agreement with certain subsidiaries of Block, Inc. and (b) HRB Innovations is entering into the Block Licensing Agreement with Bank.
Licensing Agreements. 1) NHL 2) Molson 3) Labatt 4) Motts 5) ????????? Page 40 of Xxxxxxx Share Purchase Agreement Initial ------------ Page 60 of 75 - Share Purchase Agreement Initial -----------
Licensing Agreements. Schedule 3.18(b) of the Disclosure Schedules sets forth a true and complete list of all Contracts containing either (i) a license of (or covenant not to xxx related to) Intellectual Property by the Company to a third party, or (ii) a license of (or covenant not to xxx related to) Intellectual Property by a third party to the Company (in each case that have 22 not, prior to the date hereof, expired or been terminated pursuant to their terms or operation of law). A true and correct copy of each such Contract has been provided or made available to Buyer. Such Contracts are legal, valid, binding, enforceable obligations of the Company and, to the Knowledge of the Company, the other parties thereto, in accordance with their terms, except as such enforceability may be limited by (x) bankruptcy, insolvency, moratorium, reorganization and other similar laws affecting creditors’ rights generally and (y) the general principles of equity, regardless of whether asserted in a proceeding in equity or at law. Such Contracts are in full force and effect, and the underlying Intellectual Property for each such Contract is not subject to any outstanding injunction, judgment, order, decree or ruling. No action, suit, proceeding, hearing, investigation or complaint is pending or, to the Knowledge of the Company, threatened, nor has any claim or demand been made in writing, which challenges the legality, validity, enforceability or ownership of the underlying Intellectual Property for each such Contract. The Company has not granted any sublicense or similar right with respect to any such Contract. Except as set forth on Schedule 3.18(b) of the Disclosure Schedules, the consummation of the transactions contemplated by this Agreement and the Ancillary Agreements will not result in a breach, modification, cancellation, termination, suspension of, or acceleration of any payments with respect to such Contracts. The Company and, to the Knowledge of the Company, all other parties to such Contracts are in compliance with, and have not breached any term of, any such Contracts, and have not performed any act or omitted to perform any act which, with notice or lapse of time or both, will become a breach or default thereunder. No party to any such Contract has given written notice of termination or repudiation of any provision thereof. Following the Closing Date, assuming the operation of the Business in substantially the same manner as conducted by the Company immediately prior to the Clo...
Licensing Agreements. Subject to the provisions of Section 4(b) above, following the Effective Date of the Plan, the Purchaser or its Affiliates (the “Designated Licensees”) shall be granted the right of first refusal to obtain from the GMI Corporations ten (10) year world-wide exclusive licenses (the “Licenses”) to use all “Penthouse” and related trademarks owned or used by the Reorganized Debtors (the “Licensed Rights”) in connection with the ownership, operation, marketing, distribution and licensing of (i) auction websites, (ii) lifestyle resorts (excluding casinos), and (iii) travel agencies and travel related websites. Such Licenses of the Licensed Rights shall (A) provide for mutually agreed upon quarterly royalties payable to the Reorganized Debtors based upon net revenues derived by the Designated Licensees from the use of the Licensed Rights, subject to mutually agreed upon minimum annual royalties, and (B) contain such other terms and conditions as shall be no less favorable to the Designated Licensees than the terms offered to the Reorganized Debtors by any unaffiliated third Person, including, without limitation, a requirement that content be presented in multiple languages.
Licensing Agreements. Subject to Section 5.6 (Third Party Consents) and any Contracts or other obligations binding on the Buyer or its Affiliates prior to the date hereof, following the date hereof, Buyer will be permitted to exercise all of the Sellers’ rights (as applicable) under the Material Contracts that relate to the Intellectual Property licensed thereunder by or to the Sellers on terms identical to those in effect as of the date of this Agreement and to the same extent the Sellers would have been able to had the transactions contemplated by this Agreement and the Ancillary Agreements not occurred and without the payment of any additional amounts or consideration other than ongoing fees, royalties or payments which the Sellers would otherwise be required to pay. Other than as expressly set forth in the written terms of the Material Contracts or as expressly described in Section 3.9(a) of the Disclosure Schedules, and except as set forth in Section 3.13(b) of the Disclosure Schedules, no Seller is obligated or under any liability whatsoever to make any payments by way of royalties, fees or otherwise to any owner or licensee of, or other claimant to, any Acquired Intellectual Property.
Licensing Agreements. 4.1. Finlandek Licensing Agreement, dated May 16, 2014, between Casino Xxxxxxxx-Xxxxxxxxx S.A. and Cdiscount S.A.
Licensing Agreements. Should the Company enter into any licensing agreement with any or all of the defined Forms of Work, the Contractor shall be paid ten percent (10%) of the total gross revenue received by the Company from the licensee. Units of Forms of Work sold through any licensing agreement are valid toward fulfillment of each Royalty Level set forth in paragraphs 4.1(b)(i), (ii) and (iii) above.
Licensing Agreements. Schedule 3.10(c) of the Disclosure Schedules sets forth a true and complete list of all Contracts containing either (i) a license of (or covenant not to xxx related to) Company Intellectual Property by the Company to a third party, or (ii) a license of Company Intellectual Property by a third party to the Company (in each case that have not, prior to the date hereof, expired or been terminated pursuant to their terms or operation of law). A true and correct copy of each such Contract has been provided to InCard. Such Contracts are legal, valid, binding, enforceable and in full force and effect, and the underlying Intellectual Property of each such Contract is not subject to any outstanding injunction, judgment, order, decree or ruling. No action, suit, proceeding, hearing, investigation or complaint is pending or, to the Knowledge of the Company, threatened, nor has any claim or demand been made, which challenges the legality, validity, enforceability or ownership of the underlying Intellectual Property of each such Contract. The consummation of the transactions contemplated by this Agreement and the Ancillary Agreements will not result in a breach, modification, cancellation, termination, suspension of, or acceleration of any payments with respect to such Contracts. All parties to such Contracts are in material compliance with, and have not materially breached any term of, any such Contracts, and have not performed any act or omitted to perform any act which, with notice or lapse of time or both, will become a material breach or default thereunder. No party to any such Contract has given notice of termination or repudiation of any provision thereof. Following the Closing Date, InCard will be permitted to exercise all of the Company’s rights under such Contracts on terms identical to those in effect as of the date of this Agreement and to the same extent the Company would have been able to had the transactions contemplated by this Agreement and the Ancillary Agreements not occurred and without the payment of any additional amounts or consideration other than ongoing fees, royalties or payments which the Company would otherwise have been required to pay. Schedule 3.10(c) of the Disclosure Schedules also sets forth a true and complete list of all royalties, fees, and similar payments that the Company is obligated to pay to any third party under such Contracts, and except as set forth therein, the Company is not obligated or under any liability whatsoever to ...
Licensing Agreements. 35. A frequent difficulty upon the termination of a licensing agreement encompassing confidential information is whether the know-how should be "returned" to the licensor and whether the former licensee should now abstain from using the information, as such or as the basis of further developments of his own. Now there is no general rule giving an legally sound and equitable rule in all circumstances. The trend for judges and arbitrators is to order the licensee to stop using the licensed information as such to the extent that it is still secret. On the other hand, if the licensee can show that the information acquired under the license agreement is but a small starting base for its own developments, an order for equitable remuneration may replace the injunction against use. Finally, in most cases no order at all should issue against a former licensee whenever the information has already become public. The headstart of the licensee over its competitors has already been paid for under the now terminated license agreement.
Licensing Agreements. Should LESSOR enter into one or more licensing agreements that in any way bear upon LESSEE’S engagement in program activities within the Leased Premises, LESSEE shall be bound to conduct its operations in accordance with any/all applicable provisions as stipulated within the aforementioned licensing agreements. Additionally, for purposes of communicating the general terms and conditions of said licensing agreements currently in effect, LESSEE shall fully comply with the following restrictions:
