Final Prototype definition
Examples of Final Prototype in a sentence
Licensee shall advise Licensor in the event any Final Prototype (as defined in the Design Agreement) does not comply with any such law, rule, regulation or requirement.
The Company shall advise the Design Partnership to the extent any Final Prototype does not comply with any such law, rule, regulation or requirement.
As used herein, the term "Prototype" shall mean any and all models, or actual samples, of Licensed Products; and the term "Final Prototype" shall mean the actual final sample of a Licensed Product from which the first commercial production thereof will be made and which has been approved by PRLC prior to the first commercial production thereof pursuant to paragraphs 8 and 9 hereof.
In connection with the production of each item of Licensed Products, Company shall use only such materials as PRLC shall have previously approved pursuant to the Final Prototype with respect to such item of Licensed Products.
Subject to Sections 2.4 and 2.5 below, SUNI shall (a) complete and deliver the Initial Prototype Developed Subsystem no later than six (6) months after the Effective Date, and (b) deliver the Final Prototype Developed Subsystem to DMD no later than twelve (12) months after the Effective Date (the "Delivery Date"), in each case, subject to change by mutual agreement as contemplated by Section 2.8 below.
Phase II shall begin upon written agreement by the Parties on the Final Prototype Price and Specifications and receipt by PNL of the down payment described in Section 4.2.3(1) hereof.
SUNI shall promptly upon request by DMD at any time after the date of this Agreement until the earlier of the date that this Agreement is terminated or the delivery of the Final Prototype Developed Subsystem, provide to DMD reasonable access to SUNI's facilities and information to inspect the progress of the Development Work, and, in connection with such inspection, shall provide to DMD access to technical advisory staff for a reasonable time.
Phase II shall not begin until the Parties reach written agreement on the Final Prototype Price.
Given may issue an unlimited number of purchase orders (each, a “Purchase Order”) for Production Circuits from and after the Final Prototype Date.
If, in the sole judgment of Licensor, any Licensed Merchandise is not being manufactured in accordance with the Final Prototype thereof, Licensor shall so notify Licensee in writing and Licensee shall promptly repair or change the Licensed Merchandise in question to conform to the Final Prototype.