Permitted Transfers

Example Definitions of "Permitted Transfers"
Permitted Transfers. (i) sales of Inventory in the ordinary course of business, (ii) licenses in the ordinary course of business that either terminate on or prior to the Maturity Date or with the express written consent of MDB Capital Group LLC terminate subsequent to the Maturity Date for the use of Intellectual Property (A) to manufacturers, distributors, OEMs, strategic partners and value added re-sellers in connection with the manufacture and distribution of Grantor's products, (B) in connection with the... embedding of Intellectual Property in the products of others, and (C) to end users; provided no such license could result in a legal transfer of title of the licensed Intellectual Property, or (iii) dispositions of worn-out, obsolete or surplus Equipment at fair market value in the ordinary course of business View More
Found in Energous Corp contract
Permitted Transfers. (i) sales of Inventory in the ordinary course of business, (ii) licenses in the ordinary course of business that either terminate on or prior to the Maturity Date or with the express written consent of MDB Capital Group LLC terminate subsequent to the Maturity Date for the use of Intellectual Property (A) to manufacturers, distributors, OEMs, strategic partners and value added re-sellers in connection with the manufacture and distribution of Grantor's products, (B) in connection with the... embedding of Intellectual Property in the products of others, and (C) to end users; provided no such license could result in a legal transfer of title of the licensed Intellectual Property, or (iii) dispositions of worn-out, obsolete or surplus Equipment at fair market value in the ordinary course of business business, or (iv) any sales, licenses or transfers conducted in connection with the development, operation or transfer of a recycling facility contemplated by Schedule 4(k) attached to the Disclosure Letter View More
Found in Aqua Metals, Inc. contract
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Permitted Transfers. Shall mean in any transaction in which such Holder distributes Restricted Securities to an Affiliate of such Holder for no consideration; provided that each transferee agrees in writing to be subject to the terms of this Subsection 2.12.
Found in NEPHROS INC contract
Permitted Transfers. Means (i) sales of Inventory in the ordinary course of business, (ii) licenses for the use of Intellectual Property in the ordinary course of business that could not result in a legal transfer of title of the licensed property, or (iii) dispositions of worn-out, obsolete or surplus Equipment at fair market value in the ordinary course of business
Found in ENDRA Life Sciences Inc. contract
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