Industrial Partner definition

Industrial Partner or "IP" shall mean any Person with which PixTech SA or PixTech, Inc. has a Cooperation and License Agreement. A Cooperation and License agreement involves a worldwide non exclusive license on FED patents and know-how from PixTech to the Industrial Partners with no right to sublicense, and a worldwide, non exclusive license on certain Industrial Partner's FED technology to PixTech, with a right to sublicense, under certain conditions.
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Examples of Industrial Partner in a sentence

  • The Option shall be deemed to be declined in respect of the Industrial Partner that has not informed the Research Organisation owning (part of) such Foreground within the aforesaid term.

  • If more than one Industrial Partner has made a substantial contribution, the Option shall be exclusively granted to the Industrial Partner that has contributed the Background to which the Foreground constitutes an improvement.

  • In the event that the Foreground is owned jointly by the Research Organisation receiving a substantial contribution and an Industrial Partner and/or Research Organisation not receiving a substantial contribution, the Option shall concern the share of the Research Organisation in such joint Foreground.

  • In the event that Foreground is owned by the Research Organisation, the Research Organisation shall grant the Industrial Partner that has contributed substantially to the Research Organisation’s activities under the Project an option to negotiate an exclusive license or transfer of ownership of such Foreground (the “Option”).

  • If (i) such Industrial Partner informs the Research Organisation in accordance with Section 8.6, that it declines the Option, or if (ii) the Foreground does not constitute such improvement or if (iii) there is more than one Industrial Partner that has provided such Background, the Option shall exclusively be granted to the Industrial Partner that has made the actual, substantial contribution of the highest value in cash or in kind.

  • If such Industrial Partner informs the Research Organisation in accordance with Section 8.6, that it declines the Option, or if (ii) the value of the substantial contribution by the Industrial Partners is equal, the Industrial Partners may jointly exercise the Option, unless otherwise agreed between these Industrial Partners.

  • The Option shall be deemed to be declined in respect of the Industrial Partner that has not informed the Research Organization owning (part of) such Foreground within the aforesaid term.

  • If such Industrial Partner informs the Research Organization in accordance with Section 8.6, that it declines the Option, or if (ii) the value of the substantial contribution by the Industrial Partners is equal, the Industrial Partners may jointly exercise the Option, unless otherwise agreed between these Industrial Partners.

  • If (i) such Industrial Partner informs the Research Organization in accordance with Section 8.6, that it declines the Option, or if (ii) the Foreground does not constitute such improvement or if (iii) there is more than one Industrial Partner that has provided such Background, the Option shall exclusively be granted to the Industrial Partner that has made the actual, substantial contribution of the highest value in cash or in kind.

  • In the event that Foreground is owned by the Research Organisation, the Research Organisation shall grant the Industrial Partner that has contributed substantially to the Research Organization’s activities under the Project an option to negotiate an exclusive license or transfer of ownership of such Foreground (the “Option”).

Related to Industrial Partner

  • Industrial park means an area in a blighted or conservation area suitable for use by any manufacturing, industrial, research or transportation enterprise, of facilities to include but not be limited to factories, mills, processing plants, assembly plants, packing plants, fabricating plants, industrial distribution centers, warehouses, repair overhaul or service facilities, freight terminals, research facilities, test facilities or railroad facilities.

  • Industrial hemp means a plant of the genus Cannabis and any part of the plant, whether growing or not, containing a delta-9 tetrahydrocannabinol (THC) concentration of no more than three-tenths of one percent (0.3%) on a dry weight basis.

  • Commercial Partners means any third party with whom a contract is lawfully concluded for the exploitation of the Commercial Rights;

  • Industrial Property – means property used for construction, repair, trade or manufacturing, production, assembly or processing of finished or partially finished products from raw materials or fabricated parts on such a large scale that capital and labour are significantly involved, and includes any office or other accommodation on the same property, the use of which is incidental to such activity;

  • General partnership means an organization formed by two or more persons under chapters 45-13 through 45-21.