New Application Technology definition
Examples of New Application Technology in a sentence
The Parties shall negotiate in good faith and use their commercially best efforts to enter into joint development agreements with respect to the New Application Products and the New Application Technology as justified by market demands.
For the development of the New Application Technology or efforts to commercialize any New Application Technology or New Application Products, the Parties recognize the need of a separate joint development agreement.
POSCO Energy shall have the right of first offer and to exclusively negotiate with FCE as to any joint development agreement of the New Application Technology or New Application Products for the Asia Market.
New Application Technologies that have been developed by Eutectix with a third party shall be owned by Eutectix and the third party, and, if permitted by such third party, Eutectix shall negotiate with Liquidmetal a license to such New Application Technology as set forth in Section 8.4 below in the case that (i) Eutectix retains the authority to grant a such license, and (ii) the New Application Technology is derived in whole or in part from Liquidmetal Intellectual Property.
The parties agree to cooperate and cause their employees and contractors to cooperate in the preparation and prosecution of patent applications relating to any joint development work concerning New Process Technology or New Application Technology.
The Parties shall negotiate in good faith a royalty-bearing, perpetual, world-wide, non-exclusive license to any New Application Technology in which they acquire rights as set forth in Section 8.2.3 above.