Current Technology definition

Current Technology means Oji’s Intellectual Property that was licensed to VCP pursuant to the 2004 Agreement, including any of Oji’s Intellectual Property that was or is used in the manufacture, sale or distribution of any Thermal Paper Product being sold as of the date hereof under the product legacy names set forth on Schedule 1.01(a).
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Current Technology. - means the latest or most recent advancement in a given scientific field, which is sufficiently developed to permit exploitation in the appropriate markets;
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Current Technology as applicable, means that level of technical or service performance in terms of quality, reliability, capacity and capability (including, but not limited to, plant or other equipment; public, educational or governmental access and other production equipment or facilities; construction techniques; customer service; facilities, equipment, systems and operations; and performance standards) which has been developed and demonstrated in the cable industry or any other comparable industry that provides services to the public under similar conditions to be workable and Economically and Technically Feasible and Viable, as such level may develop from time to time throughout the term of the Franchise.
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Examples of Current Technology in a sentence

  • For an abundance of clarity, VCP agrees and acknowledges that the Current Technology and any New Technology or Improvements provided by Oji or its Subsidiaries to VCP are the Confidential Information of Oji or its Subsidiaries and that, as a result, VCP owes Oji and its Subsidiaries a duty of confidentiality under this Article VI with respect thereto.

  • VCP agrees that Thermal Paper Products manufactured and sold by it shall be of good quality, shall be in accordance with all specifications contained in know-how books provided with the Current Technology, New Technology and Improvements and shall meet the standards and specifications of Licensed Thermal Paper Products manufactured by Oji or its Subsidiaries.

  • VCP shall not have the right to use the Current Technology and the New Technology, and any Improvements thereto that may be required to be licensed pursuant to Section 4.02, for any purpose not expressly granted by this Agreement.

  • For purposes of clarity, after the termination of the 2004 Agreement, Oji shall remain the sole owner of the Current Technology and, except as limited by this Agreement, reserves the right in any manner to license, use or sell the Current Technology and in any manner to make, use, sell or distribute Thermal Paper Products manufactured, sold or distributed using the Current Technology.

  • VCP shall not manufacture Thermal Paper Products using the Current Technology, New Technology or Improvements that materially deviate from the foregoing requirements of this Section 5.08 without prior written approval from Oji.

  • OCTT or the Council may, but shall not be obligated to, schedule a public hearing, roundtable or meeting to discuss such report and the deployment of Current Technology in the System.

  • At the Closing, CTI shall deliver to Buyer the ------------------- documents required to be filed by the Secretary of State of Delaware to amend CTI's Certificate of Incorporation to legally change its name from "Current Technology Inc." to a name which is not confusingly similar to "Current Technology".

  • EMPLOYER has ---------------------------------------------- contracted to sell substantially all of the assets of one of its wholly owned subsidiary, Current Technology, Inc, a Delaware corporation, .

  • As part of the first annual report submitted, pursuant to Section 9.5 [Required Annual Report], after the fourth (4th) anniversary of the Effective Date of this Agreement, the Company shall explain in such report what it has done or plans to do to keep pace with Current Technology, including keeping pace with a new or improved level of technical or service performance provided in neighboring jurisdictions pursuant to Section 3.1.1 hereof.

  • Buffton has provided ----------------------------------------------- to ▇▇▇▇▇▇▇ and Mathot a copy of the draft proxy statement filed with the SEC describing the proposed sale of substantially all of the assets of Current Technology, Inc.


More Definitions of Current Technology

Current Technology means the scientific method or process currently existing for translating schoolbooks to the American standard code for information interchange, or another approved computer language, so that the text of the schoolbook may be translated into braille.
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Current Technology. For all recordkeeping functions, a team of three individuals is responsible for each client relationship. The components of the team depend on the type of plan, number of participants, and services desired. For example, the completely automated 401(k) will be implemented on our daily valuation system with voice response. The team leader will be the compliance consultant, but because of the heavy reliance on the daily valuation trust accounting system, a trust accounting specialist will be involved with the account relationship. Each of these two individuals has a fully trained back up and support staff. Any of these individuals are accessible by clients. CALPAC licenses its use of the ASC plan compliance system, TrustMark MBA3d Daily Valuation trust accounting system and Hyperprep 5500 reporting system. Under the terms of each licensing agreement, we are always operational on the most currently available updated release. We have report writer capabilities for special processing, which include exporting ASCII files to word processing software. AUTOMATED SYSTEMS EMPLOYEE AND EMPLOYER SUPPORT The Voice Response Unit is available 23 hours per day (available in Spanish). Office staff is available from 7:30 AM to 5:30 PM Pacific Time. Separate 800 number for each client can be easily accommodated if the case size so warrants. The Voice Response Unit permits investment reallocation and a variety of inquiry functions including loan modeling. DESIGN AND INSTALLATION Plan documents may be individually drafted for the client by their legal representative. However, it has been our experience that a prototype plan document pre-qualified by the Internal Revenue Service, usually provided sufficient range of options for the client. We sponsor both standard and non-standard regional prototype defined contribution plans with elective provisions flexible enough to meet most plan goals and objectives, thereby avoiding the additional start-up expense associated with plan drafting. In addition to defined contribution plans, we also service volume submitter defined benefit and general test plans. Consulting - the single most important service we offer is effective design consulting. It is essential that the retirement program be designed to respond to both the client's current needs and to the changing environment in which the business operates. The services provided with CALPAC vary from one plan sponsor to another. In many instances, we provide a comprehensive evaluation and a...
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Current Technology. – means that technology that Company has deployed to at least 50% of its customers nationwide after the effective date of this Agreement.
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Related to Current Technology

  • Joint Technology means the Joint Know-How and the Joint Patent Rights.

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

  • Company Technology means all Technology used in or necessary for the conduct of the business of the Company or any of its Subsidiaries, or owned or held for use by the Company or any of its Subsidiaries.

  • Program Technology means Program Know-How and Program Patents.

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