The Industry Sample Clauses

The Industry. XxxxxXxxxx.xxx is the convergence of the Internet and the automotive resale industry. The Companies meet a critical need for all areas of the industry by providing the consumer an enormous selection of inventory at the best possible prices on the planet, and provides the dealership an inexpensive channel of distribution to move their inventory. ONLINE AUTO SALES “Gone in 60 seconds - eBay sells a car every 60 seconds.” The first place serious buyers go when shopping for a new vehicle is the Internet. A study by X.X. Power and Associates found that of the 64% of new-vehicle buyers use the Internet while shopping for a car; 88% will visit automotive Web sites before going into a dealership for a test drive. In many cases, particularly with a Luxury Car, the buyer knows the make, model and color of the car they want, really don’t need a test drive, and would rather not deal with the salesperson at the dealership. Some industry experts speculate that there are over 15 million cars sold over the Internet each year, and this figure is growing. As previously mentioned, GM partnered with eBay on August 11, 2009 in a move that is part of the automakers’ recovery plan, that connects traditional dealerships to a specially designed portal. Through this portal users can browse car lots, negotiate prices and arrange financing. EBay reports selling a car every 60 seconds. Xxxxx Xxx of Jupiter Media Metrix confirms, “Consumers still perceive third-party auto sites to be more impartial and innovative, offering tools, chat rooms, and a breadth of links to services that were only recently adopted by some manufacturers.” Today, brick and mortar retail dealerships work in tandem with automotive Internet companies to sell more cars. While the Internet is the first place consumers go when they want to buy a car, their final step takes place in the showroom when they get to take the vehicle for a test drive. In a recent interview with a finance manager from a top 5 Luxury auto dealer, who requested to remain anonymous, stated, “Currently about 20% of the cars sold are over the Internet, but the dealership is expecting that to increase to about 50% in the next 5 years, and is positioning itself accordingly.” GLOBAL AUTOMOTIVE INDUSTRY United States, Japan, China, Germany and South Korea are the top five automobile manufacturing nations throughout the World. The U.S. is the world’s largest producer and consumer of motor vehicles and automobiles accounting for 6.6 million direct and...
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The Industry. This is one of the biggest factors in valuing the license and each industry has its own practices and norms based on its general profit margin and business model. For example, the semiconductor industry typically prefers yearly payments rather than earned royalties because they know that the price of chips always comes down over time. In addition, there may be hundreds of patents in one product (e.g. a computer). The therapeutic drug licensees typically prefer earned royalties. Medical device companies are acutely aware of third party patents and may insist on royalty stacking provisions. We take all these factors into consideration when we propose financial terms. If an invention generates competitive (multiple) interest, or is in a “hot industry,” the financial package will be higher.
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The Industry. (for example, the nature of the business that the applicant develops or intends to develop, the possible absence of a liquid market exchange for the securities of the applicant, unusual competence conditions, among others)
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The Industry.  A specific section in the website will be dedicated to Innovation & Technology transfer. This section will be regularly updated when new results will be achieved and will be managed by the Dissemination Group in agreement with the Coordinator (URL: xxxx://xxx.xxxxxxxxx-xx0.xx/index.php/science-a-technology).  Publication of relevant information into industrial (online) magazines such as xxxx://xxx.xxxxxxxxxxxxxxxxxxxxxx.xxx (following the approval procedure detailed above).  Organisation and participation in industry workshops or events in order to stimulate transfer of ideas and information. The aim is also to increase visibility of the SUNFLOWER project and the general sustainable energy harvesting theme at major industrial fairs.  Industrial training activities will be organised in close interaction with other European networks active in the respective field, e.g. COLAE (see below).  Industrial partners will be present at related industrial meetings to promote technology transfer.  Publication of press releases dedicated to the industry. The content will be managed by the Dissemination Group in agreement with the project Coordinator.
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The Industry 
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Related to The Industry

  • Notice and Procedures If any suit, action, proceeding (including any governmental or regulatory investigation), claim or demand shall be brought or asserted against any person in respect of which indemnification may be sought pursuant to either paragraph (a) or (b) above, such person (the “Indemnified Person”) shall promptly notify the person against whom such indemnification may be sought (the “Indemnifying Person”) in writing; provided that the failure to notify the Indemnifying Person shall not relieve it from any liability that it may have under paragraph (a) or (b) above except to the extent that it has been materially prejudiced (through the forfeiture of substantive rights or defenses) by such failure; and provided, further, that the failure to notify the Indemnifying Person shall not relieve it from any liability that it may have to an Indemnified Person otherwise than under paragraph (a) or (b) above. If any such proceeding shall be brought or asserted against an Indemnified Person and it shall have notified the Indemnifying Person thereof, the Indemnifying Person shall retain counsel reasonably satisfactory to the Indemnified Person (who shall not, without the consent of the Indemnified Person, be counsel to the Indemnifying Person) to represent the Indemnified Person in such proceeding and shall pay the fees and expenses of such counsel related to such proceeding, as incurred. In any such proceeding, any Indemnified Person shall have the right to retain its own counsel, but the fees and expenses of such counsel shall be at the expense of such Indemnified Person unless (i) the Indemnifying Person and the Indemnified Person shall have mutually agreed to the contrary; (ii) the Indemnifying Person has failed within a reasonable time to retain counsel reasonably satisfactory to the Indemnified Person; (iii) the Indemnified Person shall have reasonably concluded that there may be legal defenses available to it that are different from or in addition to those available to the Indemnifying Person; or (iv) the named parties in any such proceeding (including any impleaded parties) include both the Indemnifying Person and the Indemnified Person and representation of both parties by the same counsel would be inappropriate due to actual or potential differing interest between them. It is understood and agreed that the Indemnifying Person shall not, in connection with any proceeding or related proceedings in the same jurisdiction, be liable for the fees and expenses of more than one separate firm (in addition to any local counsel) for all Indemnified Persons, and that all such fees and expenses shall be paid or reimbursed as they are incurred. Any such separate firm for any Underwriter, its affiliates, directors and officers and any control persons of such Underwriter shall be designated in writing by the Representatives and any such separate firm for the Company, its directors, its officers who signed the Registration Statement and any control persons of the Company shall be designated in writing by the Company. The Indemnifying Person shall not be liable for any settlement of any proceeding effected without its written consent, but if settled with such consent or if there be a final judgment for the plaintiff, the Indemnifying Person agrees to indemnify each Indemnified Person from and against any loss or liability by reason of such settlement or judgment. Notwithstanding the foregoing sentence, if at any time an Indemnified Person shall have requested that an Indemnifying Person reimburse the Indemnified Person for fees and expenses of counsel as contemplated by this paragraph, the Indemnifying Person shall be liable for any settlement of any proceeding effected without its written consent if (i) such settlement is entered into more than 30 days after receipt by the Indemnifying Person of such request and (ii) the Indemnifying Person shall not have reimbursed the Indemnified Person in accordance with such request prior to the date of such settlement. No Indemnifying Person shall, without the written consent of the Indemnified Person, effect any settlement of any pending or threatened proceeding in respect of which any Indemnified Person is or could have been a party and indemnification could have been sought hereunder by such Indemnified Person, unless such settlement (x) includes an unconditional release of such Indemnified Person, in form and substance reasonably satisfactory to such Indemnified Person, from all liability on claims that are the subject matter of such proceeding and (y) does not include any statement as to or any admission of fault, culpability or a failure to act by or on behalf of any Indemnified Person.

  • Policy and Procedures If the resident leaves the facility due to hospitalization or a therapeutic leave, the facility shall not be obligated to hold the resident’s bed available until his or her return, unless prior arrangements have been made for a bed hold pursuant to the facility’s “Bed Reservation Policy and Procedure” and pursuant to applicable law. In the absence of a bed hold, the resident is not guaranteed readmission unless the resident is eligible for Medicaid and requires the services provided by the facility. However, the resident may be placed in any appropriate bed in a semi-private room in the facility at the time of his or her return from hospitalization or therapeutic leave provided a bed is available and the resident’s admission is appropriate and meets the readmission requirements of the facility.

  • Rules and Procedures (a) The Benefit Society By-Laws will be amended to provide for a 6th Director with three Directors appointed by the Unions and three Directors appointed by the Corporation.

  • Good Offices, Conciliation or Mediation 1. Good offices, conciliation and mediation are procedures that are undertaken voluntarily if the Parties involved so agree. They may begin at any time and be terminated at any time.

  • GRIEVANCE AND ARBITRATION PROCEDURES 8.01 For the purposes of this Agreement, a grievance is defined as a difference arising between the parties related to the interpretation, application, administration or alleged violation of the Agreement including any question as to whether a matter is arbitrable.

  • Arbitration Procedures In the event that the employee and the School Board are unable to resolve any grievance, the grievance may be submitted to arbitration as defined herein:

  • Rules of Grievance Processing 1. Time limits at any stage of the grievance procedure may be extended by mutual agreement of the parties at that step.

  • Summary of Policy and Prohibitions on Procurement Lobbying Pursuant to State Finance Law §139-j and §139-k, this Contract includes and imposes certain restrictions on communications between OGS and a Vendor during the procurement process. A Vendor is restricted from making contacts from the earliest notice of intent to solicit offers/bids through final award and approval of the Procurement Contract by OGS and, if applicable, the Office of the State Comptroller (“restricted period”) to other than designated staff unless it is a contact that is included among certain statutory exceptions set forth in State Finance Law §139-j(3)(a). Designated staff, as of the date hereof, is identified in Appendix G, Contractor and OGS Information, or as otherwise indicated by OGS. OGS employees are also required to obtain certain information when contacted during the restricted period and make a determination of the responsibility of the Vendor pursuant to these two statutes. Certain findings of non-responsibility can result in rejection for contract award and in the event of two findings within a four-year period; the Vendor is debarred from obtaining governmental Procurement Contracts. Further information about these requirements can be found on the OGS website: xxxx://xxx.xxx.xx.xxx/aboutOgs/regulations/defaultSFL_139j-k.asp.

  • Policies and Procedures i) The policies and procedures of the designated employer apply to the employee while working at both sites.

  • Notice and Procedure Promptly after the Indemnified Party receives any claim or notice of the commencement of any action, administrative or legal proceeding, or investigation as to which the indemnity provided for in Sections 23.1 through 23.3 may apply, the Indemnified Party shall notify the Indemnifying Party in writing of such fact; provided, however, that the rights of the Indemnified Party shall not be forfeited by the failure to give the Indemnifying Party notice to the extent that said failure does not have a material and adverse effect on the defense of the matter. The Indemnifying Party shall assume on behalf of the Indemnified Party, and conduct with due diligence and in good faith, the defense thereof with counsel reasonably satisfactory to the Indemnified Party; provided, however, that the Indemnifying Party shall not settle any such action or investigation unless approved by the Indemnified Party (which approval shall not be unreasonably withheld). Notwithstanding the foregoing, (a) the Indemnified Party shall have the right to be represented in any such action or investigation by advisory counsel of its own selection and at its own expense, and (b) if the Indemnified Party shall have reasonably concluded that (i) there may be legal defenses available to it that are different from, or additional to, or inconsistent with, those available to the Indemnifying Party, or (ii) there exists a conflict of interest between the Indemnifying Party and the Indemnified Party, then, in either case, the Indemnified Party shall have the right to select separate counsel to participate in the defense of such action on its own behalf and the Indemnifying Party shall indemnify the Indemnified Party for the fees and expenses of such separate counsel. If any claim, action, proceeding or investigation arises as to which the indemnity provided for in Section 23.1, 23.2 or 23.3 applies and the Indemnifying Party fails to assume the defense of such claim, action, proceeding or investigation, then the Indemnified Party may, at the Indemnifying Party’s expense, contest or settle such claim, and the Indemnifying Party shall remain obligated to indemnify the Indemnified Party for any and all losses, damages, and liability (including, without limitation, attorneys’ fees and expenses) associated therewith. The payment of the indemnity pursuant to this Section 23.5 shall not be predicated on the Indemnified Party having made payment on any suit, action, loss, damage, claim or liability.

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