LICENCE AGREEMENTIP Intellectual Property License Assignment Agreement |
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INVESTMENT TECHNOLOGY GROUP INC. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here. |
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Search IP Intellectual Property License Assignment Agreement by:
Exhibit 10.33.1
Dated this 10 day of January 2007
JOSEPH COSGRAVE, PETER COSGRAVE AND MICHAEL COSGRAVE
Licensor
AND
INVESTMENT TECHNOLOGY GROUP LIMITED
Licensee
LICENCE AGREEMENT
Premises at Dublin Exchange Facility, IFSC, Dublin 1
Licence Agreement
1. DATE: 10 January 2007
2. PARTIES
2.1. JOSEPH COSGRAVE, PETER COSGRAVE AND MICHAEL COSGRAVE all of 15 Hogan Place, Lower Grand Canal Street, Dublin 2 (hereinafter called “the Licensor” which expression shall include their executors, administrators, successors and assigns) of the one part.
2.2. INVESTMENT TECHNOLOGY GROUP LIMITED having its registered office at 2nd Floor, Dublin Exchange Facility, IFSC, Dublin 1 (hereinafter called “the Licensee” which expression shall where the context so admits or requires include its nominees, employees, servants or agents) of the other part.
3. DEFINITIONS
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“the Fee” |
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shall mean the sum of €1,000 per month plus any value added tax arising thereon. |
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“Insured Risks” |
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shall mean public and property owners liability and such other risks as the Licensor shall consider prudent or desirable. |
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“Permitted Use” |
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shall mean the use of the Premises as a conference room only. |
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“Premises” |
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shall mean ALL THAT the premises within Dublin Exchange Facility, IFSC, Dublin 1 formerly known as MTH Communications Room and lately in use by the Licensee as a conference room. |
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“the Term” |
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shall mean the period from 1st September 2006 to 28th February 2007 subject to termination in accordance with Clause 9. |
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4. RECITALS
4.1. The Licensor is the owner of the building of which the Premises forms part and which was developed for commercial purposes.
4.2. The Licensor has agreed to grant a licence to the Licensee in relation to the Premises for the temporary convenience of both parties on the terms and conditions hereinafter contained.
5. THE LICENCE
In consideration of the Fee the Licensor hereby grants to the Licensee the exclusive right to use the Premises for the Permitted Use for the Term.
6. COVENANTS BY THE LICENSEE
The Licensee hereby covenants with the Licensor as follows :
6.1. To pay the Fee, together with any Value Added Tax that may arise thereon, monthly in advance by way of cheque made payable to the Licensor or by direct debit to the Licensor’s bank account, whichever is required from time to time by the Licensor.
6.2. To pay on demand all commercial rates, assessments, duties or impositions that may arise as a consequence of the Licensee’s use of the Premises.
6.3. To pay on demand all premiums payable by the Licensor for the purposes of effecting or maintaining policies of insurance in respect of the Insured Risks.
6.4. Not to use the Premises for any purpose other than the Permitted Use.
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6.5. Not to allow any third party (save an employee or
