Definitions and Explanations Sample Clauses

Definitions and Explanations. 1.1 In this Agreement, the words below mean the following:

Definitions and Explanations. In the Contract, the following terms have meanings as below.

Definitions and Explanations. Intellectual Property refers to all intellectual and industrial property rights, including but not limited to patents, utility models, semiconductor topographic patterns, copyrights, trademark rights, brand rights, domain names, trade secrets, technical know-how, as well as rights related to information, drawings, logos, plans, databases, technical specifications, prototypes, processes, methods, algorithms, technical documentation, software, registered designs, and other design rights. These rights are not restricted by registration status, and each right encompasses the right to file a registration application, any worldwide rights, and any form of protection. Background intellectual property refers to the rights that all parties have before the specific business cooperation begins, including patents, trademarks, technical secrets, etc. Engineering Services refer to the technical support provided by SAIC Maxus to U Power in accordance with the U Power requirements under this agreement. The service scope, including detailed technical specifications, descriptions, and timelines, is specified in Appendix [1]. The SOP (Standard Operating Procedure) designates the approval for formal production of the MIFA7 right-hand drive battery swap model, as specified in Appendix 1.

Definitions and Explanations. The following words and phrases shall have the meanings assigned to them unless the context requires otherwise:

Definitions and Explanations. 1.1 Maximum Amount of Claim referred to in the Contract is the maximum amount of the claims (including but not limited to such on-or-off balance sheet businesses as a loan, a commitment of loan, an acceptance, a discount cash, a bond buy-back, a business financing, a factor, a letter of credit, a letter of guarantee, an overdraft, an inter-bank lending, a guaranty, etc.) that will be determinated in succession during a given term (i.e. Claim-determinating Term). It is the summation of the balances of a credit Party A grants Party B during a given term, including the following two portions of undue balances of claim and due but unpaid balances of claim: (1) Undue balance is the summation of all the claim balances to be paid but not paid because the term of debt-paying has not expired; (2) Due but unpaid balance is the summation of all the claim balances not paid by Party B despite of the expiration of the debt-paying term. The above-mentioned Maximum Amount of Claim does not include a full amount pledge provided by a deposit certificate, national debt, guarantee deposit, Golden Plum Blossom financing product, or a full amount irrevocable guaranty of joint and several liability provided by a financial organization recognized by Party A, or a full amount policy-based credit insurance provided by China Export & Credit Insurance Corporation, or the credit amount guaranteed by other measures which are capable of risk compensation to the full amount and are recognized by Party A. 1.2 Claim-determinating Term in the Contract is the period of time when claims occur. The claim of a guaranty of maximum amount is determinated when this Term expires.

Definitions and Explanations. Unless otherwise defined or interpreted herein, the following terms in this Agreement shall have the following meanings:

Definitions and Explanations. 1.1 Definition In this circular, unless the context requires otherwise, the following expressions have the following meaning: “Agreement provision” Provision of materials “Existing Continuing Connected Transaction Agreements” the agreement in relation to the Existing Continuing Connected Transactions entered into between Yankuang Group and the Company on 10 January 2006, namely, the Provision of Materials and Water Supply Agreement

Definitions and Explanations. For the purposes of this Agreement, the following words and expressions shall have the following meanings: Interest is the fee paid by the borrower to the lender for the use of the loan amount; The interest rate is the amount of interest expressed as a percentage; The maturity date is the date on which the Borrower must have repaid in full the amount of credit drawn down by it in accordance with the payment schedule submitted to it; The usage limit is the maximum amount that the borrower sets in agreement with the lender and within which the lender allows the borrower to receive a loan; A customer account is a personal account of the borrower created via the lender's website, through which the borrower can submit loan applications within the credit limit and usage limit provided to him / her; The customer agreement is the general terms and conditions of the loan agreement established by the lender now and in the future; Account management fee is a fee for managing a client account. The Borrower shall pay the account management fee on a monthly basis if the Borrower has a credit amount in use or has unpaid interest or service fees; The total cost of the credit is the credit limit, interest payable by the due date of use and account management fee. The total cost of the credit does not include the fees due to the borrower for the breach of the obligations arising from the agreement. The total cost of the credit is calculated at the time of concluding the agreement, provided that the borrower draws on the credit limit immediately and in full and repays its use on the maturity date; The credit cost rate is expressed as a percentage of the credit limit and expresses the annual burden on the borrower of using the credit limit. The credit cost rate specified in the agreement is calculated as of the time of concluding the agreement or amendment to the agreement and is valid only if the borrower fulfills its obligations arising from the agreement on the agreed terms and conditions. The credit cost rate is calculated on the assumption that the borrower draws on the credit limit immediately and in full. When calculating the credit cost rate, the lender proceeds from the formula approved by the Minister of Finance of the Republic of Estonia and rounds the result to two decimal places; The credit limit, ie the upper limit of the credit , is the maximum amount within which the lender allows the borrower to take a loan; The amount of credit is the balance of the principa...

Definitions and Explanations. 12.1 In these Standard Terms and Conditions, and the Agreement, the following words and phrases will have the following meanings: Agreement means the Agreement between ETE and the Customer for the provision of Services the terms of which are fully set out in the Quotation and these Standard Terms and Conditions and any additional Special Conditions. Customer means the company or person described in the Quotation as “the Customer” and includes where applicable its owners, principals, lawful successors, assignees and contractors. Day means a period of 24 hours. Day-Rate means the AUS$ rate per Day shown in the Quotation.