Licensable

Licensable. Means, with respect to intellectual property, that a party has the right to grant the other party a license to such intellectual property of the scope set forth in Section 3 hereof without payment of a fee or any other consideration to any third party (except for payments among such party and its Subsidiaries, and payments to former employees of such party or any of its Subsidiaries for intellectual property created by said former employees while employed by such party or any of its... Subsidiaries). View More

Licensable. Means that, as of the Effective Date, AMD or any of its Affiliates has the right to grant to Broadcom a license or other rights within the scope of the rights granted to Broadcom under this Agreement, subject to the scope of permissible sublicense rights granted to AMD, without such grant (a) resulting in any breach or other violation of any obligation of AMD or any of its Affiliates to any Third Party (who is not an AMD Affiliate), or (b) resulting in any payment obligations of AMD to any... Third Party (who is not an AMD Affiliate). View More