APPLIED MATERIALS definition
Examples of APPLIED MATERIALS in a sentence
APPLIED MATERIALS also grants to the CUSTOMERS of ASM a non-exclusive, worldwide, non-transferable and non-assignable license under APPLIED LICENSED EPITAXY PATENTS to use, lease and resell said SYSTEMS, to use wafers processed on said SYSTEMS, and to authorized ASM vendors, to sell replacement parts for said SYSTEMS.
If APPLIED MATERIALS rejects the offer in writing within seven (7) days of receipt of such notice or, after having previously expressed interest in writing rejects the offer in writing within the two-week due diligence period, then ASM is free for 90 days following receipt of the written rejection to enter into an agreement to sell at an equal or greater price and upon terms which, in the aggregate, are no more favorable to the buyer than those offered to APPLIED MATERIALS.
APPLIED MATERIALS also grants to the CUSTOMERS of ASM a non-exclusive, worldwide, nontransferable and non-assignable license under the APPLIED LICENSED TEOS PATENT RIGHTS to use, lease or resell said LICENSED TEOS SYSTEMS, to use wafers processed on said LICENSED TEOS SYSTEMS, and, to authorized ASM vendors, to sell replacement parts for said LICENSED TEOS SYSTEMS.
If APPLIED MATERIALS is subject to withholding taxes in respect of royalty payments due under this AGREEMENT and ASM is required to withhold such taxes and remit the funds to a third party, ASM shall immediately provide to APPLIED MATERIALS withholding certificates, as well as any other related documentation requested by APPLIED MATERIALS, in respect of such amounts withheld and remitted.
If there is a delay in the entry of an order beyond 90 days and it determined by the arbitration panel that ASM caused or substantially contributed to said delay, then, in that event, ASM agrees to entry of an order that the product was, or was not, ESSENTIALLY UNCHANGED, as advocated by APPLIED MATERIALS.
ASM shall be responsible for all taxes, including withholding taxes, imposed on ASM by any foreign government, or other jurisdiction outside the U.S., if any, on all payments to APPLIED MATERIALS under this AGREEMENT.
AND ______________, AS IT MAY BE AMENDED, A COPY OF WHICH IS ON FILE AT THE PRINCIPAL EXECUTIVE OFFICES OF APPLIED MATERIALS, INC.
Nothing under this AGREEMENT shall obligate APPLIED MATERIALS to investigate whether any COVERED ASM PRODUCT infringes any APPLIED MATERIALS PATENTS.
ASM must promptly reimburse APPLIED MATERIALS for the cost of any filing fees paid by APPLIED MATERIALS in connection with the filing of any report or notification under the HSR Act.
Failure by APPLIED MATERIALS to notify ASM of such belief of infringement within 60 days of forming such belief only results in limiting APPLIED MATERIALS’ right to relief for such infringement to reasonable royalties from October 31, 1997.