Axens definition

Axens means the French company organized as a "Societe Anonyme" and having its main office at 8▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, F-92508, Rueil-Malmaison, France which is an affiliate of Instituit Francais due Petrole ("IFP") and an international provider of technologies, catalysts, absorbents, specialises equipment and services to the hydrocarbon industry;
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Axens has the meaning given in the recitals.
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Examples of Axens in a sentence

  • The Commercial Committee shall consist of two (2) members, with one member chosen from JEPLAN and one member from Axens.

  • In case the KHP Pilot demo plant ceases to be functional or operational and is considered reasonably or commercially unrepairable, thus jeopardizing the Project, the Steering Committee may decide to terminate the Agreement in accordance with Article 15.5. The operating data and laboratory data of the KHP Pilot demo plant may be sent automatically and on real time to the Axens Connect’In platform during the operating periods corresponding to the Work.

  • With respect to each Licensed Unit, Axens or JEPLAN, depending on which entity is recognized as bringing the opportunity and finding the prospective licensee, will be entitled to receive [**] of the Gross License Fee to cover its marketing and commercial expenses (“Marketing Fee”), Axens will be entitled to receive [**] of the Gross License Fee to cover its contractual expenses related to granting the license (“Contracting Fee”).

  • For the existing PRT industrial unit in Japan (PRT Plant), as agreed between the Parties, a royalty bearing license agreement will have to be signed between Axens and PRT Plant operator for the Process and/or Intermediate Process (for sake of clarity, including for the PRT Process) upon conditions to be agreed upon.

  • Should a Party oppose to readiness for Commercialization of the Process, the Parties shall discuss the reasons of such opposition which shall be duly justified; and should the Parties fail to reach an agreement to assess commercial readiness of the Process within two (2) month from Steering Committee meeting stating the opposition, Axens may decide, at its sole discretion and risk, to Commercialize the Process (therefore provisions of Article 10.5 will not apply).

  • It is expressly agreed that the Purchaser shall have the full benefit of any indemnity provided by Axens and Oiltech to the Contractor against all actions, claims, demands, costs, charges and expenses arising from or incurred by reason of any infringement or alleged infringement of patent, registered design, copyright, trade m▇▇▇ name or other intellectual property right protected in Malaysia or elsewhere by the use or possession of any Plant supplied by such Sub-contractor.

  • Provided that in relation to the training for the CTER Section designed by Axens, the training shall be provided as and to the extent of the training provided in accordance with the TTA.

  • As the exclusive licensor of the Process and/or the Intermediate Process, and whenever the licensee has not been introduced by J▇▇▇▇▇ to Axens, Axens will make its reasonable efforts to introduce JEPLAN, as its partner for the Process, to its licensees.

  • JEPLAN represents and warrants it will give access to KHP Pilot demo plant to Axens and IFPEN to perform the Work specified in Schedule A.

  • Investment in the CAPEX of KHP Pilot demo plant by Axens is estimated as per Schedules A and C.