Licensed Territory definition
Examples of Licensed Territory in a sentence
Within 18 months of the date hereof, AMC shall have the right to expand the Licensed Territory to include the following geographic locations: Globally.
AMC acknowledges and agrees that the license granted herein is strictly limited to the Licensed Territory.
Any use of the Licensed Intellectual Property outside of the Licensed Territory, including any such use following any merger, acquisition, or change in control of AMC, is expressly prohibited unless prior written approval is obtained from CashX.
In exchange for the consideration described below in Section 3.1, CashX hereby grants to AMC an exclusive, perpetual, irrevocable, transferable license to use the Licensed Intellectual Property to make, have made, use, offer to sell, sell, and import Licensed Products in the Licensed Territory.
CashX hereby grants to AMC an exclusive, perpetual, irrevocable, transferable right to resell the Licensed Products in the Licensed Territory, subject to the terms and conditions of this Agreement.