License to Technology Clause Samples

A License to Technology clause grants one party the legal right to use specific technology owned or controlled by another party, typically under defined terms and conditions. This clause outlines the scope of the license, such as whether it is exclusive or non-exclusive, the permitted uses, any territorial or time limitations, and any restrictions on sublicensing or modification. Its core function is to clearly establish the rights and limitations regarding the use of technology, thereby preventing disputes over intellectual property and ensuring both parties understand their obligations and entitlements.
License to Technology. Subject to the terms and conditions hereof, Sub hereby grants to Parent a non-exclusive, nontransferable, worldwide, perpetual, irrevocable, royalty-free license, except in the Excluded Field, to use, modify, reproduce, create Derivative Works,
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License to Technology. Subject to the terms and conditions of this Agreement, during the Term, Soltec hereby exclusively licenses the Technology to Connetics in the Territory for use in the Field free and clear from all liens, interests, or equities, charges and encumbrances, except as contemplated by the definition of Excluded Technology. Notwithstanding the foregoing, the license granted under this SECTION 2.1 with respect to [*****].
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License to Technology. Subject to the terms and conditions of this Agreement, effective as of the Effective Date, TBI grants to ILEX an exclusive license under the Technology in the Territory in the Field to make, have made, use, rent, sell, lease, import, sublicense, market, improve and otherwise commercially exploit the First Compound or Second Compound, as applicable; provided, this license shall not include Second Compound unless ILEX exercises its option under SECTION 4.3; provided further, if ILEX exercises its option under SECTION 4.3, this license shall not include First Compound.
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License to Technology. (a) If Company or its Affiliates provides the Bank or its Affiliates with access to or use of any Company Technology, Company Owned Modifications or Company Plan Technology in connection with this Agreement (collectively, “Licensed Company Technology”), during the Term and through the end of the Interim Servicing Period (if Company or its designee purchases the Accounts) or until the Termination Date (if Company or its Potential Purchaser does not purchase the Accounts pursuant to Section 9.6), and subject to the terms and conditions of this Agreement, Company, on behalf of itself and its Affiliates, hereby grants to Bank and its Affiliates a limited, non-exclusive, non-transferable (except as provided in Section 10.4), revocable, royalty-free, fully paid up, right and license and, with respect to any Third Party Technology (if applicable and subject to Company securing all rights, consents, permits, authorizations, approvals and licenses necessary for the Bank and its Affiliates to use such Third Party Technology as provided in Section 5.7 above), sublicense to use, display (publicly or otherwise) and distribute such Licensed Company Technology in the United States solely in connection with the Plan and otherwise to the extent necessary to comply with Bank’s obligations or exercise its rights under this Agreement and if applicable, any Interim Servicing Agreement, with no right to sublicense. (b) If Bank or its Affiliates provides Company or its Affiliates with access to or use of any Bank Technology, Bank Owned Modifications or Bank Plan Technology in connection with this Agreement (collectively, “Licensed Bank Technology”), during the Term and through the end of the Interim Servicing Period (if Company or its designee purchases the Accounts) or until the Termination Date (if Company or its Potential Purchaser does not purchase the Accounts pursuant to Section 9.6), and subject to the terms and conditions of this Agreement, Bank, on behalf of itself and its Affiliates, hereby grants to Company and its Affiliates a limited, non-exclusive, non-transferable (except as provided in Section 10.4), revocable, royalty-free, fully paid up right and license and, with respect to any Third Party Technology (if applicable and subject to Bank securing all rights, consents, permits, authorizations, approvals and licenses necessary for Company and its Affiliates to use such Third Party Technology as provided Section 5.7 above), sublicense to use, execute, adapt, transmi...
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License to Technology. 6.1.1 Rite Aid hereby grants to ▇▇▇▇▇▇▇▇▇.▇▇▇, and its wholly owned Affiliates, a royalty-free, worldwide, nonexclusive license (without any right to transfer or sublicense) to use, copy, publicly display, publicly perform, and create Derivatives of the Rite Aid Technology and Rite Aid Technology Derivatives made by Rite Aid for use in connection with the ▇▇▇▇▇▇▇▇▇.▇▇▇ business. The foregoing license grant is subject to any limitations imposed by Third Parties on Rite Aid and the terms and conditions of this Agreement, including the exclusivity provisions set forth in Section 4. 6.1.2 ▇▇▇▇▇▇▇▇▇.▇▇▇ hereby grants to Rite Aid, and its wholly owned Affiliates, a royalty-free, worldwide, nonexclusive license (without any right to transfer or sublicense) to use, copy, publicly display, publicly perform, and create Derivatives of the Rite Aid Technology Derivatives made by ▇▇▇▇▇▇▇▇▇.▇▇▇ for use in connection with the Rite Aid business. The foregoing license grant is subject to any limitations imposed by Third Parties on ▇▇▇▇▇▇▇▇▇.▇▇▇ and the terms and conditions of this Agreement, including the exclusivity provisions set forth in Section 4.
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License to Technology. (a) Rite Aid hereby grants to ▇▇▇▇▇▇▇▇▇.▇▇▇, and its wholly owned Affiliates, a royalty-free, worldwide, nonexclusive license (without any right to transfer or sublicense) to use, copy, publicly display, publicly perform, and create Derivatives of the Rite Aid Technology and Rite Aid Technology Derivatives made by Rite Aid for use in connection with the ▇▇▇▇▇▇▇▇▇.▇▇▇ business. The foregoing license grant is subject to any limitations imposed by Third Parties on Rite Aid and the terms and conditions of this Agreement. (b) ▇▇▇▇▇▇▇▇▇.▇▇▇ hereby grants to Rite Aid, and its wholly owned Affiliates, a royalty-free, worldwide, nonexclusive license (without any right to transfer or sublicense) to use, copy, publicly display, publicly perform, and create Derivatives of the Rite Aid Technology Derivatives made by ▇▇▇▇▇▇▇▇▇.▇▇▇ for use in connection with the Rite Aid business. The foregoing license grant is subject to any limitations imposed by Third Parties on ▇▇▇▇▇▇▇▇▇.▇▇▇ and the terms and conditions of this Agreement.
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License to Technology 
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Related to License to Technology

  • Licensed Technology (a) LICENSOR is not aware of any interference, infringement, misappropriation, or other conflict with any intellectual property rights of third parties, and LICENSOR has never received any charge, complaint, claim, demand, or notice alleging any such interference, infringement, misappropriation, or violation (including any claim that LICENSOR must license or refrain from using any intellectual property rights of any third party). To the knowledge of LICENSOR, no third party has interfered with, infringed upon, misappropriated, or otherwise come into conflict with any of the LICENSED TECHNOLOGY. (b) Exhibit A identifies each patent or registration which has been issued to LICENSOR with respect to any of the LICENSED TECHNOLOGY and identifies each pending patent application or application for registration which LICENSOR has made with respect to any of the LICENSED TECHNOLOGY. LICENSEE acknowledges that LICENSOR has previously made available to LICENSEE correct and complete copies of all such patents, registrations and applications (as amended to-date) in LICENSOR’s possession and has made available to LICENSEE correct and complete copies of all other written documentation in LICENSOR’s possession evidencing ownership and prosecution (if applicable) of each such item. (c) Exhibit A identifies each item of LICENSED TECHNOLOGY that is assigned to LICENSOR or that LICENSOR uses pursuant to license, sublicense, agreement, or permission. LICENSOR has made available to LICENSEE correct and complete copies of all such licenses, sublicenses, agreements, patent prosecution files and permissions (as amended to-date) in LICENSOR’s possession. With respect to each item of LICENSED TECHNOLOGY required to be identified in Exhibit A and to the knowledge of LICENSOR: (i) the license, sublicense, agreement, or permission covering the item is legal, valid, binding, enforceable, and in full force and effect; (ii) the license, sublicense, agreement, or permission will continue to be legal, valid, binding, enforceable, and in full force and effect on identical terms following the consummation of the transactions contemplated hereby; (iii) no Party to the license, sublicense, agreement, or permission is in breach or default, and no event has occurred which with notice or lapse of time would constitute a breach or default or permit termination, modification, or acceleration thereunder; (iv) no party to the license, sublicense, agreement, or permission has repudiated any provision thereof; (v) the underlying item of LICENSED TECHNOLOGY is not subject to any outstanding lien or encumbrance, injunction, judgment, order, decree, ruling, or charge; (vi) no action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand is pending or is threatened which challenges the legality, validity, or enforceability of the underlying item of LICENSED TECHNOLOGY; and (vii) except as provided in Exhibit A, LICENSOR has not granted any license or similar right to the LICENSED TECHNOLOGY within the GENERAL FIELD or PARTHENOGENESIS FIELD.

  • New Technology When new or updated technology is introduced into a workplace, it will be the responsibility of the employer to provide appropriate and, if necessary, ongoing training to the employees directly affected. Such training will include any health and safety implications or information that will enable employees to operate the equipment without discomfort and will help maintain their general well-being.

  • Background Technology List here prior contracts to assign Inventions that are now in existence between any other person or entity and you.

  • Third Party Technology The Company makes use of third party technology to collect information required for traffic measurement, research, and analytics. Use of third party technology entails data collection. We therefore would like to inform clients the Company enables third parties to place or read cookies located on the browsers of users entering the Company’s domain. Said third parties may also use web beacons to collect information through advertising located on the Company’s web site. Please note that you may change your browser settings to refuse or disable Local Shared Objects and similar technologies; however, by doing so you may be disabling some of the functionality of Company’s services.

  • Patent Rights The State and the U. S. Department of Transportation shall have the royalty free, nonexclusive and irrevocable right to use and to authorize others to use any patents developed by the Engineer under this contract.