Licensed Technologies definition
Examples of Licensed Technologies in a sentence
As between Licensee (and any agents or Contractors of Licensee) and TSMC, TSMC shall exclusively own and does retain all of its right, title and interest in and to the Licensed Technologies and all patent rights, trademarks, trade secrets, copyrights, and all other proprietary rights therein.
TSMC shall have no financial liability to Licensee with respect to any of the Licensed Technologies for which Licensee has paid no fee to TSMC.
If maintenance of the Licensed Technologies is offered by TSMC, and if Licensees timely pays the fees therefore, TSMC will provide Licensee with technical support for the identified Licensed Technologies.
In the event that the license agreement between TSMC and SST for the Licensed Technologies is terminated, with or without cause, notwithstanding any other term of this Agreement, TSMC will give Licensee twenty (20) days prior written notice to terminate this Agreement.
Licensee acknowledges that the SST related Licensed Technologies can be used only for designing non-stand-alone memory products.