MKB definition
Examples of MKB in a sentence
MKB Order Fulfillment Fee: US$ 500.00 per order MKB Unit Fee: N/A AACS for prerecorded media orders shall be limited to a maximum of one-hundred (100) MKBs per order.
Concurrently with the delivery of this Amended and Restated ECL, (a) each of the Original Cash Investors is entering into an amended and restated letter agreement committing to provide equity financing to Parent in accordance with the terms thereof, and (b) The 2012 MKB Irrevocable Trust is entering into a letter agreement committing to provide equity financing to Parent in accordance with the terms thereof.
Such new Adopters may manufacture Licensed Products that utilize Class I MKB implementations only in instances where such Licensed Products include a Licensed Component provided by an Adopter formerly licensed as an Interim Adopter and such Licensed Component performs the Class I MKB processing.
Adopter shall certify to AACS LA, within ten (10) days of AACS LA providing it with a new MKB, that such new MKB is effective at preventing Adopter’s product or products in which the Expired AACS Key is used from playing back or otherwise decrypting AACS content.
In consideration of the sale, transfer and delivery of the Sale Shares by the Vendor, the Purchaser 1 shall pay 51% of the Consideration for Share1 package and Purchaser 2 shall pay 49% of Consideration for Share2 package to the Vendor as set out below: The Sale Shares endorsed to blank are deposited with Commerzbank (physically with MKB).
The MKB that is being incorporated into Licensed Recorders manufactured by Adopter that are not capable of updating the incorporated MKB shall be changed every three (3) months.
AACS LA reserves the right to change the required frequency of updates and number of units of media or recording devices into which an MKB may be incorporated as relevant changes in environmental conditions, including but not limited to security concerns, changes in manufacturing processes, or production volumes, warrant.
For avoidance of doubt, nothing in the foregoing section shall prohibit Adopters, Fellow Content Providers and Content Participants from continuing to sell Licensed Products and Licensed Content Products containing the previous version of the MKB to consumers during such period in a manner otherwise consistent with the terms of their respective Approved Licenses.
Content Participant is not required to regularly report MKB usage to AACS LA.
Content Providers may elect to pay MKB fees directly to AACS LA, or to direct the payment of the Content Certificate fees by its contracted Licensed Content Producer.