NECI definition

NECI shall have the meaning set forth in Paragraph B.
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Examples of NECI in a sentence

  • Notwithstanding any other provision of this Agreement or the Confidentiality Agreement, at all times during the term of this Agreement and after the termination of this Agreement, unless agreed otherwise in writing by both parties (a) Tekno shall have no ownership interest in any of the NECI Products and (b) NECI shall have no ownership interest in any of the Tekno Products.

  • Depending on the situation, Tekno and NECI will agree jointly on how the marketing contacts will be structured for each deal.

  • NECI shall be responsible for all costs associated with the maintenance and repair of NECI Products.

  • In respect to the joint marketing and sales activities further described in this Agreement, (a) Tekno grants to NECI a limited, non-exclusive, nontransferable license to use the trademarks and trade names associated with the Tekno Products and (b) NECI grants to Tekno a limited, non-exclusive, nontransferable license to use the trademarks and trade names associated with the NECI Products.

  • Tekno shall not be liable for the failure to perform or any fault in any NECI Product.

  • During the term of this Agreement and for a period of twenty-four months after the termination of this Agreement (1) Tekno shall not develop any NECI competitive product and (2) NECI shall not develop any Tekno Competitive Product.

  • NECI shall be responsible for the on time delivery, operational performance, product quality, and ongoing customer product support in respect of NECI Products.

  • All revenue generated from the sale of NECI Products shall be paid to NECI.

  • These efforts proved successful, and another meeting with NECI chefs is planned for this winter, in order to further collaboration.

  • Quoting and billing for NECI Products and the collection of revenues will be the sole responsibility of NECI.