Comtek definition
Examples of Comtek in a sentence
Technology License Agreement between Borrower and Powerwave Comtek Oy dated November 3, 2008.
As promptly as reasonably practicable after the date of this Agreement, the Vendor shall provide to the Purchaser the combined financial statements of the Target Companies and the Comtek Business required for inclusion in the Purchaser Form 8-K to be filed pursuant to Item 9.01 of Form 8-K with respect to the transactions contemplated under this Agreement.
This software is owned by Filtronic Comtek, Inc and will be retained by Filtronic Comtek Inc.
The Management Accounts have been carefully prepared on a basis consistent with the Accounts, fairly reflect the trading position of each Target Company and the Comtek Business as at their date and for the period to which they relate and are not affected by any extraordinary, exceptional, unusual or non-recurring income, capital gain or expenditure or by any other factor known by the Vendor to render profits or losses for the period covered exceptionally high or low.
Amendment to lease dated 16 August 2001 and 23 April 2004 For the purposes of this Schedule 3, any references to “the Company” shall, where the context so permits, mean each of the Target Companies and Comtek in relation to the Comtek Business.
Comtek will assign to the Target Companies the patents and patent applications owned by Comtek and the Purchaser will procure that the Target Companies will license these patents back to the Filtronic Group on a perpetual (i.e. for the duration of the right), royalty free, non-exclusive basis for all fields of use (except for use in the Wireless Infrastructure Business).
After Completion, the Vendor and Comtek shall (at the Purchaser’s cost) execute such documents and take such steps as the Purchaser may reasonably require to vest the full title to the Shares in the Purchaser, to assure to the Purchaser the full benefit of the Comtek Business to fulfil the provisions of this Agreement and to otherwise give the Purchaser the full benefit of this Agreement.
Any Intra-Group Transferee shall be entitled to enforce the terms of this Agreement as if named as the Vendor or Comtek, provided always that the disposal of the Assets or the Comtek Business by the Intra-Group Transferee, or any enforcement of this Agreement by the Intra-Group Transferee, shall not in any circumstances impose any greater liability on the Purchaser than would have been imposed on it had the Intra-Group Transfer not taken place.
Each of the Assets and each asset included in the Accounts or acquired by any Target Company since the Accounts Date (other than the Properties, any current assets subsequently disposed of or realised in the ordinary course of business and any assets subject to retention of title clauses which provide that title does not pass until payment has been made in full) is owned both legally and beneficially by a Target Company or Comtek free from Encumbrances.
In the event of an Intra-Group Transfer, the Vendor and Comtek undertake to procure that the Intra-Group Transferee shall comply with this Agreement as if it were a party to it in place of Comtek and all references in this Agreement to “Comtek” shall to that extent be amended with effect from the date of the Intra-Group Transfer to include references to the Intra-Group Transferee.