LFC Technology definition

LFC Technology means any and all information and know-how, as of the execution date of this Agreement, relating to SGI's (or SGI's sublicensees) existing and future products with respect to (i) methods of production relating to the mild pyrolysis upgrading of low-rank subbituminous and lignite coal including without limitation the convection drying and mild pyrolysis of low-rank subbituminous coal, with controlled convection gas composition, temperature, and flow rate; (ii) methods for controlled cooling and stabilization of the solid product; and (iii) methods for providing process heat through the efficient and controlled combustion of low-heating-value recycled gas. LFC Technology shall include without limitation, the LFC Patents, printed and unprinted technical data, trade secrets, inventions, discoveries, techniques, works, processes, methods, plans, software, designs, specifications, communications, protocols, source and object codes and modifications, test procedures, program cards, tapes, disks and all other scientific or technical information in whatever form, including all Intellectual Property Rights arising therefrom.
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Examples of LFC Technology in a sentence

  • SGI shall transfer and assign to LFC Co. all of its fifty percent (50%) undivided rights and interests in the LFC Technology including without limitation, the LFC Patents and the Intellectual Property Rights with respect to the LFC Technology, free from any lien, license, claim or encumbrance in accordance with the terms and conditions as set forth in Schedule 3.3 (a) attached hereto by November 5, 1999 (the "First Transfer).

  • If the least senior teacher(s) cannot be laid off due to qualification needs, as stated above, the Board or its designee and the GEA leadership shall meet to develop a staffing plan that ensures that more seniored teachers retain employment and the staffing needs of the district are met.

  • SGI hereby represents and warrants that (i) the First Transfer shall result in the Company's having fifty percent (50%) undivided rights and interests in the LFC Technology and (ii) the First and Second Transfers shall result in the Company's having the fun and exclusive rights and interests in the LFC Technology.

  • In the event either Member becomes aware of any actual or threatened infringement of the LFC Technology, that Member shall promptly notify the other Member, and the Members shall discuss the most appropriate action to take.

  • Any and all amounts of Preferred LFC Technology Royalties exceeding the aggregate amount of Six Million Five Hundred Thousand Dollars ($6,500,000) shall be distributed to SGI and MLFC in proportion to each party's respective Ownership Percentages.

  • Up to one-third of ad the interests in the LFC Technology vested in LFC Co. as a result of the First and Second Transfers may be sold to a strategic partner to be agreed upon between SGI and MLFC by way of an equity participation by such strategic partner in LFC Co. upon the terms and with conditions acceptable to SGI and MLFC.

  • The parties agree that Section 4 of the Second Amendment to LFC Technologies LLC Operating Agreement executed concurrently herewith shall be applicable to all confidential information with respect to the Assigned Rights and the LFC Technology.

  • In no event shall SGI receive Preferred LFC Technology Royalties after the expiration or termination of this Agreement, in which case SGI shall not use any of the MLFC Technology without the prior written consent of MLFC.