MSI Business definition

MSI Business means the business of researching, engineering, designing, developing, manufacturing, testing, distributing, selling and marketing services, products and systems primarily related to microwave technology for use in flight instrumentation, weapons sensors, electronic warfare systems and command and control systems, to the extent such activities occur or have occurred in the MSI Entities’ locations in Fort ▇▇▇▇▇▇ Beach, Florida, or are conducted by or on behalf of an MSI Entity.
MSI Business means the business of researching, engineering, designing, developing, manufacturing, testing, distributing, selling and marketing services, products and systems primarily related to microwave technology for use in flight instrumentation, weapons sensors, electronic warfare systems and command and control systems, to the extent such activities B-2 occur or have occurred in the MSI Entities’ locations in Fort ▇▇▇▇▇▇ Beach, Florida, or are conducted by or on behalf of an MSI Entity. 1.12 “MSI Entities” means, collectively, MSI Acquisition Corp., a Delaware corporation, and Micro Systems, Inc., a Florida corporation. 1.13 “Permitted Lien” means any (a) Liens for Taxes, assessment or other governmental charges and levies that are not delinquent or that are being contested in good faith by appropriate proceedings; or (b) mechanics’, carriers’, workmen’s, warehousemen’s, repairmen’s or other like Liens arising or incurred in the ordinary course of business consistent with past practice of such Person, not delinquent.

Examples of MSI Business in a sentence

  • For purposes of this Agreement, the MSI Business includes the development, distribution, licensing or sale of algorithms, computer-based techniques or software for modeling (including graphical display), analysis or storage of chemical or biological structures, properties, processes or related information, and any other business in which MSI engages or plans to engage (as evidenced in business plans or other written materials) during the Term.

  • Employee hereby assigns to MSI all right, title and interest in and to any such inventions relating to the MSI Business (including any actually or demonstratively anticipated research and development of MSI) which are conceived or made by Employee solely or jointly with any other person, during the course of employment with MSI.

  • Employee has not developed or conceived of any invention related to the MSI Business as of the date of this Agreement that is not owned by MSI.