Background Technology definition
Examples of Background Technology in a sentence
Subject to the terms of this MTEA, Biotheus is granted by Talem a non-exclusive license to use Talem Background Technology and Talem Materials solely to perform the Study and the Evaluation.
Subject to the terms of this MTEA, Talem is granted by Biotheus a non-exclusive license to use Biotheus Background Technology and Biotheus Materials solely to perform the Study and the Evaluation.
Except as expressly stated in this Agreement, Biotheus will not, under this MTEA, acquire any right, title or interest to the Talem Background Technology.
Except as expressly stated in this Agreement, Talem will not, under this MTEA, acquire any right, title or interest to the Biotheus Background Technology.
Upon completion of the Study and the Evaluation, (i) each Party shall destroy or return to the other Party, at such other Party’s direction, any unused or reusable Products or other Party’s Materials and cease to use the other Party’s Background Technology.