Licensed Memory Stick definition
Examples of Licensed Memory Stick in a sentence
LEXAR acknowledges and agrees that the "bona fide need to know" standard set forth in the foregoing subsection (iii) above as applied to dissemination of SONY Technology requires that authorized LEXAR employees must have actual need to use the SONY Technology to design or develop a specific Licensed Memory Stick.
SONY acknowledges and agrees that the "bona fide need to know" standard set forth in the foregoing subsection (iii) above as applied to dissemination of LEXAR Technology requires that authorized SONY employees must have actual need to use the LEXAR Technology to design or develop a specific Licensed Memory Stick.
Notwithstanding the foregoing, no royalty shall accrue on any Licensed Memory Stick incorporating a controller supplied by LEXAR.
Any attempted assignment in derogation of this section will be null and void Notwithstanding LEXAR's right to assign or transfer this Agreement and all rights and obligations hereunder, in the course of a merger, reorganization or acquisition of all or substantially all of LEXAR's remaining assets related to the Licensed Memory Stick without the consent of SONY, LEXAR agrees *.
During the Royalty Term for each Licensed Memory --------- Stick sold or distributed by LEXAR or its sublicensees, LEXAR shall pay SONY a royalty equal to the lessor of: (i) * of the Net Selling Price of such Licensed Memory Stick, or (ii) Notwithstanding the foregoing, no royalty shall accrue on any Licensed Memory Sticks made or sold by or for LEXAR * nor on any Licensed Memory Stick or related product that LEXAR purchases from SONY.
In addition, during the Royalty Term for each --------- Licensed Memory Stick sold or distributed by SONY or its sublicensees, SONY shall pay LEXAR a royalty equal to the lesser of: (i)* of the Net Selling Price of such Licensed Memory Stick or (ii)*.
In addition, during the Royalty Term for each --------- Licensed Memory Stick sold or distributed by SONY or its sublicensees, SONY shall pay LEXAR a royalty equal to *.
Further, the license to offer to sell and sell Improved Memory Stick controllers apart from the Improved Memory Sticks is limited to sales and offers to sell such controllers to parties that have a license from LEXAR to manufacture Improved Memory Sticks from such controllers; provided, however, SONY shall be permitt ed to offer for sell and sell controllers any party as repair or replacement parts for Licensed Memory Stick.
Further, the license to offer to sell and sell Improved Memory Stick controllers apart from the Improved Memory Sticks is limited to sales and offers to sell such controllers to parties that have a license from LEXAR to manufacture Improved Memory Sticks from such controllers; provided, however, SONY shall be permitted to offer for sell and sell controllers any party as repair or replacement parts for Licensed Memory Stick.
Nonwithstanding the foregoing, * nor on any Licensed Memory Stick or related product that LEXAR purchases from SONY.