Core Technology Development definition

Core Technology Development means changes to the Software Product initiated and funded by OMT and included in a New Release.
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Core Technology Development means Company’s research and development relating to the Core Technology.
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Examples of Core Technology Development in a sentence

  • The ISE acknowledges that enhancements to the Software Product through Core Technology Development may require the ISE to make additional investments in the Production System.

  • As a result, ISE’s license shall be deemed to include a license to use such New Software or Other Software, as the case may be, and OMUS shall be required to provide support and maintenance to ISE with respect to such New Software and Other Software in the manner provided in the SA, including, but not limited to, maintaining Operating Capabilities of the Software Product and performing Core Technology Development on such New Software or Other Software.

  • The Parties shall endeavor to include the following items as discussion topics at the meeting: Organization information (OMT and ISE); Presentation of OMT plans, next New Release, and long term and short term Core Technology Development; Review of software quality program; Performance and capacity planning; Presentation of ISE plans; Scheduling of next releases to ISE.

  • Core Technology Development Funding Payments after the second anniversary of the Effective Date.

  • The first such Core Technology Development Funding Payment shall be due within [ * ] days of the Effective Date.

  • Furthermore, OMT will use its best efforts to take the ISE’s current and future business requirements into consideration in its Core Technology Development.

  • During the Development Period, Company shall keep complete, accurate and authentic accounts, notes, data and records, including, without limitation, any and all ideas for technical solutions, designs, drawings, schematics, technical data, prototypes, inventions, or other intellectual property, relating to the Core Technology Development (collectively, “Company Records”).

  • Such response shall be one of the following: (a) such targets shall be developed as Core Technology Development; (b) such targets shall be developed as an ISE Requested Release; (c) such targets shall be developed as a combination of Core Technology Development and an ISE Requested Release; or (d) such targets are not possible for OMT to develop.

  • During the Development Period, Company shall keep complete, accurate and authentic accounts, notes, data and records, including, without limitation, any and all ideas for technical solutions, designs, drawings, schematics, technical data, prototypes, inventions, or other intellectual property, relating to the Core Technology Development (collectively, "Company Records").

  • MPI shall pay to Caliper a non-refundable Core Technology Development Funding Payment of [ * ] for each Contract Quarter during the first two Contract Years for a total of [ * ] in the aggregate.

Related to Core Technology Development

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

  • 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.

  • Collaboration Technology means all Collaboration Patents and Collaboration Know-How.

  • New Technology means methods, products, processes and procedures developed through science or research;

  • Background Technology means all tools, programs, designs, processes, formulas, techniques, improvements, inventions, works of authorship, software, data, know-how, ideas, methodologies, specifications, code libraries, algorithms, protocols, routines, subroutines, network systems, machine learning models, Trade Secrets (defined below), and other technology which are: (a) created, developed, owned, or licensed by PickNik prior to the Effective Date of this Agreement; (b) are created, developed, owned, or licensed by PickNik during the term of this Agreement but not delivered as a part of the Software; (c) which have general applicability to PickNik’s business and which are not based on any Company Confidential Information; or (d) modifications of or derivatives to any of the foregoing.