MTC Technology definition

MTC Technology means (i) the information listed in a Statement of Work as being provided by and that is actually provided by MTC, (ii) any other information provided by MTI pursuant to a Statement of Work including technical information, know-how, trade secrets, maskworks, and other information, including maskwork rights and copyrights therefor, if any, and (iii) any Error Corrections provided by MTC hereunder; but only to the extent such information described in (i), (ii) and (iii), above, is owned or controlled by MTC or licensed to MTC independently of a Joint Project and MTC has the free right to grant a license or a non-assertion right to the extent necessary for the implementation of said Joint Project. MTC Technology shall not include MTC Tools.
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Related to MTC Technology

  • Company Technology means all Technology used in or necessary for the conduct of the business of the Company or any of its Subsidiaries, or owned or held for use by the Company or any of its Subsidiaries.

  • Licensor Technology means the Licensor Patents and the Licensor Know-How.

  • Licensee Technology means the Licensee Know-How and Licensee Patents.

  • New Technology means methods, products, processes and procedures developed through science or research;

  • Developed Technology means any Technology including, without limitation, any enhancements, substitutions or improvements to the Core Technology that is (a) discovered, developed or otherwise acquired by DURA pursuant to the terms of the Development Agreement or (b) otherwise acquired by or on behalf of ▇▇▇▇▇▇ Corp. II during the term of the Development Agreement.