IP Blocks definition
Examples of IP Blocks in a sentence
Company warrants that for a period of [*****] months from the delivery of the Final Licensed Deliverables to Licensee pursuant to Section 4.1, (i) the Licensed Deliverables will be sufficient for a competent [*****] to produce Licensed Chips; and (ii) the Licensed Digital IP Block(s) and Licensed Software will meet the functionality and performance described in any specifications set forth in this SOW and in the Documentation.
Likewise, NXP acknowledges that it receives the license from Dutch Newco to Dutch Newco’s applicable Licensed Materials subject to any rights third parties may have in the underlying Component IP Blocks, and NXP alone is responsible for obtaining all rights and licenses from third parties necessary to use any of Dutch Newco’s Licensed Materials.
Company does not warrant that Licensed Digital IP Block(s) and Licensed Software will operate other than within the [*****], including in the combinations that may be selected for use by Licensee, or will operate uninterrupted or error-free.
Trident acknowledges that, as of the Closing, it owns all right, title and interest in and to the Composite IP Blocks, subject to any rights that NXP or third parties may have in the underlying Component IP Blocks.
For the first *** sublicenses with respect to High-Level IP Blocks under clause 2.2(b)(iii) of the Intellectual Property Transfer and License Agreement, Seller shall not be obligated to pay Purchaser any fees with respect thereto.
Except as otherwise specified in this Addendum, all the terms and conditions of the Agreement shall apply to the New IP Blocks.
Major changes to IP Blocks and their relevant technical documentation that might be required by Tower or Tower Customer should be carried out with prior consultation and collaboration with Chipidea.
DAC/ADC IP Blocks The specific IP blocks of Products as available at the Closing Date providing the functionality of high speed Analogue to Digital Converters or ADCs [***] and high speed Digital to Analogue Converters or DACs [***].
The parties desire to amend the Agreement to provide for the following obligations and responsibilities of the parties relating to the development and customization of a New IP Block(s) to be performed in Portugal under the Agreement and its subsequent licensing by Chipidea for the use of Tower's Customers under a separate end user license agreement between Chipidea and the Tower Customer.
Upon Tower or Tower Customer request for minor design changes to the IP Blocks, Chipidea will support and perform such changes under reasonable commercial terms.