Royalties and Terms Sample Clauses

Royalties and Terms. The Assignor hereby agrees that upon the occurrence and during the continuance of an Event of Default, the Assignee, or any designee of the Assignee, may, subject to applicable law and to any then existing Licenses granted by such Assignor in respect of any Patent, Trademark or Other Intellectual Property of such Assignor, use any or all of the Patents, Trademarks, Trade Secrets, Licenses or Other Intellectual Property Rights worldwide without any liability to such Assignor for royalties or other related charges. The term of the assignments granted in this Section 2.4 shall extend until the earlier of (i) the expiration of all rights under each of the respective Patents, Trademarks, Trade Secrets and Licenses and Other Intellectual Property Rights assigned hereunder or (ii) the Release Date.
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Royalties and Terms. ASSIGNOR agrees that upon the occurrence and continuance of an Event of Default under the New Note Agreements, the Secured Party (or any designee of the Secured Party) may, subject to applicable law and to any then-existing Licenses granted by ASSIGNOR of any such Trademarks, use any or all of the Trademarks or Licenses worldwide without any liability to ASSIGNOR for royalties or other related charges. The term of the right to use granted in this Section 2.4 shall extend until the earlier of (i) the expiration of all rights under each of the respective Trademarks or Licenses securing the New Note Agreements; (ii) the payment and performance in full of the Obligations and the New Note Agreements; or (iii) any other release of the security interest granted hereunder, as otherwise required by the terms of this Agreement and/or the New Note Agreements.
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Royalties and Terms. EV agrees that upon the occurrence and continuance of an Event of Default under the Note Agreement, the Secured Party (or any designee of the Secured Party) may, subject to applicable law and to any then-existing Licenses granted by EV of any such Trademarks, use any or all of the Trademarks or Licenses worldwide without any liability to EV for royalties or other related charges. The term of the right to use granted in this Section 2.4 shall extend until the earlier of (i) the expiration of all rights under each of the respective Trademarks or Licenses securing the Note Agreement; (ii) the payment and performance in full of the Obligations and the Note Agreement; or (iii) any other release of the security interest granted hereunder, as otherwise required by the terms of this Agreement and/or the Note Agreement.
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Royalties and Terms. The Company hereby agrees that upon the occurrence and during the continuance of an Event of Default, the Lender (or any designee of the Lender) may use any or all of the Trademarks, Trade Secrets or Licenses worldwide without any liability to the Company for royalties or other related charges. The term of the right to use granted in this Section 2.4 shall extend until the earlier of (i) the expiration of all rights under each of the respective Trademarks, Trade Secrets or Licenses securing the Obligations, or (ii) the indefeasible payment and performance in full of the Obligations.
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  • PRICE AND TERMS The Purchase Price set forth below is payable in U.S. Dollars by Buyer as follows: 1 § 4.1 Purchase Price $ 2 § 4.3 ▇▇▇▇▇▇▇ Money $ 3 § 4.5 New Loan $ 4 § 4.6 Assumption Balance $ 5 § 4.7 Private Financing $ 6 § 4.7 Seller Financing $ 9 § 4.4 Cash at Closing $ 10 TOTAL $ $

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