Competitive Technology definition

Competitive Technology means any system, program, hardware or software (including any network architecture, system architecture, messaging architecture, trade processing and clearing systems and architecture, database architecture and storage of market and trading data for purposes of statistical analysis, network infrastructure, market data processing and messaging types that support such market data processing, order processing or any other software or hardware): (i) only if developed for one or more financial institution(s) or designed primarily for use by, or sale or license to, one or more financial institutions, is (A) used (or will be used in the future in its current or any enhanced or modified form) in Strategy Competition to evaluate, route or execute orders or trades in any Financial Asset or (B) used (or will be used in the future in its current or any enhanced or modified form) in Strategy Competition for the efficient processing and dissemination of market data or messaging for Financial Assets, or (ii) in any case, is specifically designed or intended for use in Strategy Competition.
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Competitive Technology means any system, program, hardware or software (including any network architecture, system architecture, messaging architecture, trade processing and clearing systems and architecture, database architecture and storage of market and trading data for purposes of statistical analysis, network infrastructure, market data processing and messaging types that support such market data processing, order processing or any other software or hardware): (a) only if developed for one or more financial institution(s) or designed primarily for use by, or sale or license to, one or more financial institutions, is (i) used (or will be used in the future in its current or any enhanced or modified form) in Strategy Competition to evaluate, route or execute orders or trades in any Financial Asset or (ii) used (or will be used in the future in its current or any enhanced or modified form) in Strategy Competition for the efficient processing and dissemination of market data or messaging for Financial Assets, or (b) in any case, is specifically designed or intended for use in Strategy Competition.
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Competitive Technology means any Non-leaching Antimicrobial Technology developed or otherwise acquired by Quick-Med that is ready to be commercialized which could be used by a third party to compete with the Licensed Products in form, fit, function or performance within the Field of Use.
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Examples of Competitive Technology in a sentence

  • Notwithstanding the foregoing, SSG shall be entitled to assign or transfer such rights or obligations hereunder to a SOFTBANK Affiliate in connection with any merger or sale of substantially all of SSG's assets or business related to this Agreement to such SOFTBANK Affiliate without such InterTrust consent; provided -------- that such SOFTBANK Affiliate does not own, control, or is not developing, ---- promoting, licensing or acquiring any Competitive Technology.

  • Dr. Xxxxxxx xxxees that, at least until the later of (X) the date that Dr. Xxxxxxx xx longer serves as a member of the Board or (y) January 6, 2003, he shall not engage, directly or indirectly, in any activity that relates to Competitive Technology and shall not become employed by or render 2 services on behalf of a Prohibited Entity that relate to Competitive Technology; provided, however, that Dr. Xxxxxxx xxx become employed by or render services on behalf of ORINCON Industries or AM Group, Inc.

  • The Shareholders will use their best efforts to refinance the Bank of Bloomfield mortgage debt of Competitive Technology Investment Company, a Michigan co- partnership ("Partnership"), and the Deutsche Credit equipment debt of the Corporation.

  • In the event Quick-Med provides Avery notice of a Competitive Technology or a material Develoxxxxx thereto any time after the date that is thirty (30) months after the Effective date, Avery shall have six months from the date it receives such noxxxx to exercise the CT Option with respect to such Competitive Technology or material Development.

  • Sublicensor shall be free to discuss licensing such Competitive Technology with third parties and to grant such a license to one or more third parties (i) if Sublicensee fails to timely respond to Sublicensor’s notice of intent to license the Competitive Technology, or (ii) if Sublicensor and Sublicensee fail to agree upon the terms of a possible license to the Competitive Technology prior to expiration of the Competitive Negotiation Period.

  • Quick-Med hereby grants to Avery and its Affiliates a single right of first option to nexxxxxte with Quick-Med in order to enter into an exclusive license on terms and conditions acceptable to both Parties to Use within the Field of Use each Competitive Technology or material Development thereto (each, a “CT Option” and, collectively with the Next Gen Option and the Stay Fresh® Option, the “Options”).

  • Such enterprises include, but are not limited to Pacific-Teal Development, Inc.; Targeted Resources, Inc.; Competitive Technology, Inc.; Somerset Properties Partnership; Harvest Development Company, Inc.; Xxxxx Engineering, Inc.; The Xxxxx Companies- Inland Empire, Inc.; The Xxxxx Companies -Hawaii, Inc.

  • BANK USE ONLY Received by: Authorized Signer ____________________________________ Date: Authorized Signatory of Borrower Verified: ____________________________________ Authorized Signer Title ____________________________________ Date: Date Compliance Status Yes No 103 SCHEDULE OF EXCEPTIONS Permitted Indebtedness None Permitted Investments None Permitted Liens Liens of Competitive Technology CTT which must be paid off by July 1, 2005.

  • In addition, the Company is a Private Sector Participant along with Stanford University in a project entitled "Computer Mediated Stereotaxic Radiosurgery" which is being funded by a California Competitive Technology Grant (the "CCT Grant").

  • Notwithstanding the foregoing, Willxxxx xxx serve as an owner, officer, director, employee, agent of, or adviser or consultant to a business entity engaged in Competitive Technologies if Willxxxx xxxs not participate in any manner with the entity's activities in Competitive Technology, and if Willxxxx xx effectively screened from such participation.


More Definitions of Competitive Technology

Competitive Technology means all technology of Purchaser and its Subsidiaries that is used by a third-party competitor of the Business related to a marketplace of transactions in U.S. Treasury Securities, including, if required to consummate the transactions contemplated hereby, any updates and upgrades of such technology and access to maintenance of such technology. In addition, Purchaser and Parent shall defend through litigation on the merits in a U.S. District Court (or any state trial court) any claim asserted in court by any party in order to avoid entry of, or to have vacated or terminated, any decree, order or judgment (whether temporary, preliminary or permanent) that would restrain, prevent or delay the Closing. For the avoidance of doubt, if Purchaser has complied with its obligations set forth above, and nonetheless a Governmental Authority has brought an action under any antitrust, competition or trade regulation Law that has resulted in a final, permanent Governmental Order preventing the Closing, then either Party will be entitled to terminate this Agreement pursuant to Section 9.1(b) without incurring any obligations to each other in connection with such termination. Notwithstanding anything to the contrary contained in this Agreement, Purchaser shall have the principal responsibility for devising and implementing the strategy for obtaining any necessary antitrust or competition clearances and shall take the lead in all meetings and communications with any Governmental Authority in connection with obtaining any necessary antitrust or competition clearances. No Party shall participate in any meeting with any Governmental Authority in connection with this Agreement (or make oral submissions at meetings or in telephone or other conversations) unless it consults with the other Parties in advance and, to the extent not prohibited by such Governmental Authority, gives the other Parties the opportunity to attend and participate thereat.
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Competitive Technology has the meaning provided therefor in Section 18.01(a) of this Agreement.
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Competitive Technology means a third Person’s technology (a) that is primarily used for the purposes of (i) converting carbon-containing gases into products and/or energy using microbes and gas fermentation reactors or (ii) converting industrial and municipal ​ waste gases rich in carbon monoxide and/or carbon dioxide into energy using power generation instruments and (b) the use of which by a third Person would be reasonably likely to prevent LanzaTech from licensing the LanzaTech Technology to such third Person.
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Competitive Technology means products and/or services that are competitive with the OptiMark Technology; and (c) "Prohibited Entity" means any company, joint venture, consortium, legal or other entity that directly or indirectly develops, markets, sells, or offers Competitive Technology if the same derives more than 25% of its gross revenue from such Competitive Technology. Dr. Xxxxxxx xxxees that, at least until the later of (X) the date that Dr. Xxxxxxx xx longer serves as a member of the Board or (y) January 6, 2003, he shall not engage, directly or indirectly, in any activity that relates to Competitive Technology and shall not become employed by or render 2 services on behalf of a Prohibited Entity that relate to Competitive Technology; provided, however, that Dr. Xxxxxxx xxx become employed by or render services on behalf of ORINCON Industries or AM Group, Inc. ("Permitted Entities"), but may not render services on behalf of a Permitted Entity to a Prohibited Entity that relate to Competitive Technology. Nothing herein precludes Dr. Xxxxxxx xxxm advertising his skills and services to the general public.
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Related to Competitive Technology

  • Competitive Product means a product or service, made or provided by a Competitor, which is the same as or is directly competitive with one with respect to which the Employee acquired confidential information relating to the Company, or its business, products or services by reason of the Employee's work with the Company.

  • Assistive technology means the devices, aids, controls, supplies, or appliances described in OAR 411-300-0150 that are purchased to provide support for a child and replace the need for direct interventions to enable self-direction of care and maximize independence of the child.

  • Competitive Products shall include any product or service that directly or indirectly competes with, is substantially similar to, or serves as a reasonable substitute for, any product or service in research, development or design, or manufactured, produced, sold or distributed by the Company;

  • Competing Products means any product or service in existence or under development that competes with any product or service of the Company Group about which the Participant obtained Confidential Information or for which the Participant provided advisory services or had sales, origination, marketing, production, distribution, research or development responsibilities in the last twenty-four (24) months of employment with the Company Group.

  • Competing Product means [***].

  • Assistive technology service means any service that directly assists a child with a disability in the selection, acquisition, or use of an assistive technology device. The term includes:

  • Developed Technology means any Technology including, without limitation, any enhancements, substitutions or improvements to the Core Technology that is (a) discovered, developed or otherwise acquired by DURA pursuant to the terms of the Development Agreement or (b) otherwise acquired by or on behalf of Xxxxxx Corp. II during the term of the Development Agreement.

  • Assistive technology device means any item, piece of equipment, or product system that is used to increase, maintain, or improve the functional capacities of a child with a disability.

  • Licensed Field means all fields of use.

  • Licensed Field of Use means all fields.

  • Competitive Business means any firm, partnership, joint venture, corporation and/or any other Person, and/or any licensee of such entity, that develops, manufactures, markets, distributes, provides, offers, or sells any services or products substantially similar to First Party’s services or products.

  • Competitive Activities means any business activities in which the Company or any other member of the Company Group engage (or have committed plans to engage) during the Term of Employment, or, following termination of Employee’s employment hereunder, was engaged in business (or had committed plans to engage) at the time of such termination of employment.

  • Licensed Fields of Use means the fields of use identified in Appendix B.

  • Competitive Products or Services means, as of any time, those products or services of the type that any of the Bank Entities is providing, or is actively preparing to provide, to its customers.

  • Competitive Services means engaging in the business of community banking or commercial banking, including, without limitation, originating, underwriting, closing and selling loans, receiving deposits and otherwise engaging in the business of banking, as well as the business of providing any other activities, products, or services of the type conducted, authorized, offered, or provided by the Bank as of Executive’s Termination Date, or during the two (2) years immediately prior to Executive’s Termination Date.

  • Competitive Process means a formal sealed, electronic, or web-based bid procedure used for all nonclaims related purchases for goods and services over fifty thousand dollars. For purchases between five thousand dollars and fifty thousand dollars, competitive process means quotations obtained from at least three vendors by telephone or written quotations, or both, and supported by evidence of competition. Purchases up to five thousand dollars are exempt from competitive bids providing procurement is based on obtaining maximum quality at minimum cost.

  • High-technology activity means that term as defined in section 3 of the Michigan economic growth authority act, 1995 PA 24, MCL 207.803.

  • Field of Use means all fields of use.

  • Licensed Technology means the Licensed Know-How and Licensed Patents.

  • Qualified high-technology business means a business that is either of the following:

  • Proprietary Technology means the technical innovations that are unique and

  • Competitive Infringement has the meaning set forth in Section 7.5.1.

  • Competitive negotiation means a procedure for contracting for supplies, materials, equipment or contractual services, in which proposals are solicited from qualified suppliers by a request for proposals, and changes may be negotiated in proposals and prices after being submitted.

  • Effective Technological Measures means those measures that, in the absence of proper authority, may not be circumvented under laws fulfilling obligations under Article 11 of the WIPO Copyright Treaty adopted on December 20, 1996, and/or similar international agreements.

  • Joint Technology means Joint Inventions and Joint Patents.

  • Company Technology means all Technology owned or purported to be owned by the Company.