Examples of Adopted Specifications in a sentence
The Association recognizes and understands that such claims may create unexpected financial and legal burdens on companies which are developing and selling products compliant with the Adopted Specifications, and such claims thereby undermine the attractiveness of the Adopted Specification and undermine the purposes and goals of the Association.
In furtherance of the objective of widespread adoption, the Alliance and its Members agree that barriers to industry use of Adopted Specifications should be limited as much as possible.
The Association recognizes that (i) companies that are non-practicing entities (entities whose main business is licensing IPR but who do not themselves develop, manufacture or sell products) and/or (ii) companies that are not members of the Association, may claim IPR that is essential to comply with the Adopted Specifications.
Each Member shall, in the form requested by the Association, as soon as Proposed Specifications have been disclosed, as a result of a Reasonable and Good Faith Inquiry disclose, within sixty (60) days of this disclosure, whether such Member or non Member has any Necessary IPRs (but only to the extent determined by such Reasonable and Good Faith Inquiry) with regard to Proposed Specifications submitted by a Member and/or any Adopted Specifications (the "Review Period").
Proposed Specifications submitted to the Board of Directors for adoption in accordance with Section 15.4 of the Articles of Association shall require a seventy-five percent (75%) vote for final approval, and upon such approval shall become "Adopted Specifications".
Accordingly, in the event such a claim is made, the Association agrees and commits to assess ways to minimize the effects of such claim, including but not limited to considering ways to modify the Adopted Specifications to work around or eliminate the feature on which the claim is targeted.
In furtherance of the objective of widespread adoption, the Association and its Members agree that barriers to industry use of Adopted Specifications should be limited as much as possible.
The Alliance may serve, upon such terms and conditions as may be established by the Board of Directors, as a clearinghouse for the purposes of collecting and distributing any royalties or license fees due to any applicable Members and/or Non-Members in connection with the licensure and/or use of Adopted Specifications.
The Adopted Specifications constitute together the PRIME Specifications.
The Members shall not use the Formerly Adopted Specifications for any other purpose than expressly authorized in such separate license agreement.