Cyntech and definition
Examples of Cyntech and in a sentence
This reimbursement shall not be made until any action taken by Tex-Oil is fully and finally resolved or the any such action by Tex-Oil against Bromley and the Consultants has not been initiated and such action is barred by the applicable statute of limitations for Cyntech and Tex-Oil's claims against Bromley and the Consultants.
Windstar represents and warrants to Cyntech that Windstar has good and indefeasible title to and has all right and interest to and in all of the technology licensed to Cyntech, and has acquired sufficient intellectual property rights protecting the Technology such that the technology may be practiced without violating or infringing any patent, trademark or other intellectual property rights of any third party.
In like manner, Cyntech shall keep Windstar informed as to Improvements made by Cyntech and shall assign the same to Windstar, upon which all such Improvements shall be included in the Windstar Technology without additional consideration, and shall be subject to all provisions of this Option Agreement and any license agreements that have been issued for individual plants or facilities.
All such audit, royalty payment, sales volume and price records shall be treated as confidential by each such independent auditor pursuant to an executed confidentiality agreement with Cyntech, and shall not be disclosed to Windstar or to any other party except as authorized by Cyntech or as necessary to verify the accuracy of payments made under this Agreement.
In like manner, Cyntech shall keep Windstar informed as to Improvements made by Cyntech and shall assign the same to Windstar, upon which all such Improvements shall be included in the Windstar Technology without additional consideration and shall be subject to all provisions of this License Agreement.