KGSI Technical Information definition
Examples of KGSI Technical Information in a sentence
Subject to the terms of the KGSI Agreement, in the event this Agreement terminates pursuant to Section 8.2.3, and Licensee is not in breach of this Agreement at the time of such termination, Licensee has a right to approach KGSI to obtain from KGSI a direct license to the KGSI Technology and KGSI Technical Information pursuant to Section 3(e) of the KGSI Agreement.
As consideration in part for the grant of the sublicense set forth herein, Licensee covenants that it shall not knowingly, through its actions or inactions, directly or indirectly, cause BP to be in material breach of the KGSI Agreement, or challenge the validity or enforceability of the KGSI Technology or KGSI Technical Information.
No later than July 31 of each year (or the next following business day if July 31 falls on a weekend), Licensee shall provide to BP a report setting forth the amount (in gallons) of fuel grade ethanol produced by Licensee using the KGSI Technology and KGSI Technical Information during the immediately preceding Reporting Year.
Subject to the KGSI Agreement and this Article III, all right, title and interest in and to new application technology consisting of conversion processes in the Field of Use which are derived from or arising as a result of the practice of the KGSI Technology and KGSI Technical Information by Licensee, which Licensee may have, make or develop, shall be owned by Licensee.
Licensee shall keep complete, true and accurate books and records in accordance with generally accepted accounting principles in sufficient detail for BP to determine the amounts of fuel grade ethanol produced using the KGSI Technology and KGSI Technical Information, and the payments due under Section 4.1.2 of this Agreement.
CELUNOL shall pay KGSI a Royalty calculated in accordance with Section 4 b herein below on all production of fuel grade ethanol by itself or its sublicensees using KGSI Technology or KGSI Technical Information.
KGSI will provide to CELUNOL KGSI Technical Support to assist CELUNOL in the evaluation and use of the KGSI Technology and KGSI Technical Information in the development of a commercial scale process (the ‘CELUNOL Process’) for the fermentation of biomass to produce fuel grade ethanol and related by-products and co-products.
This Section 6 shall also apply to any consultants or subcontractors that the receiving Party may engage in connection with the Agreement, except that this Section 6 shall not apply to any consultants or sub-contractors who are engaged by CELUNOL and to whom neither the KGSI Technology nor the KGSI Technical Information has been disclosed by CELUNOL or otherwise made available by CELIJNOL.
CELUNOL will evaluate the feasibility of using the KGSI Technology and KGSI Technical Information in the Field.
KGSI warrants that it has not entered into any agreement in the Field with any third party with respect to KGSI Technology including the KGSI Organism, the KGSI Enzyme and the KGSI Technical Information.