Derivative Design definition

Derivative Design is a mask set other than the Initial Design for an implementation of the Jazz PSA Platform in any iNSECT PSA IC.
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Examples of Derivative Design in a sentence

  • For all other Derivative Designs hereunder, including without limitation, modifications to the existing hardware circuitry and/or software in an Existing iNSECT PSA IC that increase or materially change the functionality of the applicable Existing iNSECT PSA IC, the royalty schedule described in this Section 5.3 shall separately apply to the Sales of the iNSECT PSA ICs implemented in such Derivative Design such that the royalty schedule shall restart at zero units for sales of such iNSECT PSA ICs.

  • With respect to the Derivative Design described in the applicable Derivative Design Supplement, to the extent the terms and conditions of the Derivative Design Supplement are inconsistent with those of this Agreement, the Derivative Design Supplement shall control.

  • With respect to the Initial Design and to each Derivative Design in accordance with the royalty designations set forth in Section 5.3.1 hereof, upon any sale, lease, transfer, or other disposition by THLC of a iNSPECT PSA IC ("Sale" or "Sold", as the case may be).

  • Confidential Information may also include oral information disclosed by one Party to the other pursuant to this Agreement or a Derivative Design Supplement, provided that such information is designated as confidential at the time of disclosure and is reduced to writing by the disclosing Party within a reasonable time (not to exceed thirty (30) days) after its oral disclosure, and such writing is marked in a manner to indicate its confidential nature and delivered to the receiving Party.

  • This Agreement, and any documents executed contemporaneously herewith, and each Derivative Design Supplement constitute the entire understanding between the Parties, and supersede all prior discussions, representations, understandings or agreements whether oral or in writing between the Parties with respect to the subject-matter of this Agreement.

  • The definitions set forth in this Section apply to the following capitalized words and terms when used in this Agreement and the applicable Derivative Design Supplement.

  • Following the implementation of the Initial Design, should THLC desire to commence a Derivative Design, the Parties agree to enter into a Derivative Design Supplement (each, a "Derivative Design Supplement") describing the anticipated derivative of the Jazz PSA Platform or other hardware circuitry within the Initial Design and the iNSECT PSA IC to be implemented thereunder.

  • THLC shall pay to Improv a derivative License Fee") in the amount of $150,000 for the right to make the Derivative Design described in the Derivative Design Supplement which is due and payable within thirty (30) days of the effective date of the applicable Derivative Design Supplement.

  • Except as otherwise provided herein, any modification or amendment to this Agreement and each Derivative Design Supplement must be in writing signed by and on behalf of both Parties.

  • In the case that the Derivative Design is a modification to the existing hardware circuitry and/or software in an iNSECT PSA IC implemented in such Derivative Design shall be aggregated together with the Sales of the applicable Existing iNSECT PSA ICs for purposes of determining the amount of royalties payable for such Sales pursuant to this Section 5.3.

Related to Derivative Design

  • Derivative Product means a written contract or agreement between the Authority and a Reciprocal Payor, which provides that the Authority’s obligations thereunder will be conditioned on the absence of (a) a failure by the Reciprocal Payor to make any payment required thereunder when due and payable, or (b) a default thereunder with respect to the financial status of the Reciprocal Payor; and:

  • Derivative Work means a work that is based on one or more preexisting works (such as a revision, translation, dramatization, motion picture version, abridgment, condensation, enhancement, modification, or any other form in which preexisting work may be recast, transformed, or adapted) which, if created without the authorization of the copyright owner of the preexisting work, would constitute copyright infringement.

  • Derivative Works means any work, whether in Source or Object form, that is based on (or derived from) the Work and for which the editorial revisions, annotations, elaborations, or other modifications represent, as a whole, an original work of authorship. For the purposes of this License, Derivative Works shall not include works that remain separable from, or merely link (or bind by name) to the interfaces of, the Work and Derivative Works thereof.

  • Derivative Contract means (a) any and all rate swap transactions, basis swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or forward bond price or forward bond index transactions, repurchase transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement, including any such obligations or liabilities under any such master agreement.

  • Derivative Interest means any derivative securities (as defined under Rule 16a-1 under the Exchange Act) that increase in value as the value of the underlying equity increases, including, but not limited to, a long convertible security, a long call option and a short put option position, in each case, regardless of whether (i) such interest conveys any voting rights in such security, (ii) such interest is required to be, or is capable of being, settled through delivery of such security or (iii) transactions hedging the economic effect of such interest.