Intellectual Property Escrow definition

Intellectual Property Escrow means the arrangement set forth in Section 25 (Intellectual Property Escrow) of the Contract. Law or Laws means (a) any statute, law, code, regulation, ordinance, rule or common law, (b) any binding judgment (other than regarding a Claim or Dispute), (c) any binding judicial or administrative order or decree (other than regarding a Claim or Dispute), (d) any written directive, guideline, policy requirement or other governmental restriction or (e) any similar form of decision of or determination by, or any written interpretation or administration of any of the foregoing by, any Governmental Entity, in each case which is applicable to or has an impact on the Project or the Work, whether taking effect before or after the Effective Date, including Environmental laws but excluding Governmental Approvals. Liquidated Damages means such liquidated damages as may accrue and be due and payable by TSI Contractor to SRTA as set forth under Section 28 (Liquidated Damages) of the Contract and as set forth in Appendix D of the RFP. Master Project Schedule shall mean the TSI’s Project schedule, as more fully described in Section 4 of the RFP, as may be further adjusted pursuant to any Change Order, including on account of any permissible extensions of time pursuant to Section 17.3 (Delay and Extensions of Time) of this Contract.
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Intellectual Property Escrow has the meaning ascribed thereto in Section 3.11(h)(ii). “Intellectual Property Escrow Agent” has the meaning ascribed thereto in Section
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Examples of Intellectual Property Escrow in a sentence

  • TxDOT shall have 90 days after receiving written notice from Developer that the Update has been deposited in an Intellectual Property Escrow to commence action under the Dispute Resolution Procedures.

  • Developer will pursue the necessary financing in accordance with the Facility Plan of Finance, the portions of which are or upon Financial Close will be deposited in an Intellectual Property Escrow and the remaining portions of which are attached as Exhibit 5.

  • Developer shall allow TxDOT and the Independent Engineer ready access to all Contracts and records regarding Contracts, including amendments and supplements to Contracts and guarantees thereof, provided, however, that Developer may provide access thereto by depositing unredacted copies in an Intellectual Property Escrow as provided in Section 22.5.

  • Developer will pursue the necessary financing in accordance with the Facility Plan of Finance, portions of which are or upon Financial Close will be deposited in an Intellectual Property Escrow and the remaining portions of which are attached as Exhibit 5.

  • Developer shall provide to IFA, or make available to IFA for review pursuant to each Intellectual Property Escrow, copies thereof as and when reasonably requested by IFA, without charge.

  • SRTA shall be a signatory the escrow agreement and each Intellectual Property Escrow with direct rights of enforcement against TSI Contractor and the Escrow Agent.

  • Intellectual Property Escrow also may include TSI Contractor Parties as parties and may include deposit of their Intellectual Property.

  • The Intellectual Property Escrow shall not be terminated during the Term except by the express mutual written agreement of the Commission and Contractor.

  • Any shares remaining in the Intellectual Property Escrow and the CCC Milestone Escrow other than shares subject to dispute as to performance of matters related to such escrows shall be returned to FAA.

  • The University shall not be responsible for the fees and costs of the Intellectual Property Escrow Agent, and the Concessionaire shall not be permitted to include the costs thereof as an O&M Cost.