Common use of Technical Materials Clause in Contracts

Technical Materials. “Technical Materials” means copies of all inventor notebooks (or relevant portions of them), files, data, information, results of testing, drawings, schematics, and all models and prototypes that are owned by the Seller and that are in the Seller’s possession on the date of this Agreement and that relate to the Patents.

Appears in 1 contract

Sources: Asset Purchase Agreement (Schmitt Industries Inc)

Technical Materials. “Technical Materials” means copies of all inventor notebooks (or relevant portions of them), files, data, information, results of testing, drawings, schematics, and all models models, and prototypes that are owned by the Seller Licensor and that are in the SellerLicensor’s possession on the effective date of this Agreement and that relate to the Licensed Patents.

Appears in 1 contract

Sources: Exclusive Manufacturing, Marketing and Distribution License Agreement (Tristar Wellness Solutions, Inc.)