New Idea definition
Examples of New Idea in a sentence
If Consultant conceives of a New Idea expanding or competing with the ideas laid out in the Assets during the Consulting Period and the Company is interested in obtaining a license to such New Idea, Consultant shall first offer to license the New Idea to the Company and the parties shall work together in good faith towards the successful negotiation of such a license.
All publications and disclosures about the Grantee's research released by the Sponsoring Institution or the Grantee shall indicate that such research is being funded by The Leukemia & Lymphoma Society by including the following statement: “Supported by a New Idea Award from The Leukemia & Lymphoma Society.” Presentations or posters at major meetings at which funded research is included must include the LLS logo in addition to this statement.
If SUPPLIER wishes to reduce the New Idea to practice by incorporating it into the Product, then the parties will mutually agree upon terms and conditions of such reduction to practice.
Polymers shall have sixty (60) days after delivery to it of the New Idea Notice to elect to manufacture the potential product under the terms of the New Idea Notice or other terms to which the parties are mutually agreed with such election made by Polymers only by written election delivered to the Buyer within the above-described sixty (60) day period.
In other words, if the TPG New Idea is a big success and drives incremental revenue and EBITDA during such Earnout Period, then this incremental revenue and EBITDA will create a tail-wind for the Surviving Company towards achieving the Earnout EBITDA Target in any applicable Earnout Period.
This Patent and Intellectual Property Agreement (“IP Agreement”) forms part of the accompanying Grant Agreement – New Idea Award between LLS and the Sponsoring Institution, executed concurrently herewith (“Grant Agreement”).
If Dot Hill would like to share with SUPPLIER a New Idea for purposes of having SUPPLIER include the New Idea in the Product, Dot Hill shall inform SUPPLIER of such desire.
We consider our intellectual property rights, including our rights to use the AGCO, AGCO Allis, AGCOSTAR, Ag-Chem, Farmhand, FENDT, Fieldstar, GLEANER, Glencoe, Hesston, Lor(*)Al, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, New Idea, RoGator, Spra-Coupe, Terra-Gator, Tye and Willmar trade and brand names important in the operation of our businesses.
If, upon disclosing the New Idea to SUPPLIER, SUPPLIER had not pre-conceived of the idea, such New Idea shall be Dot Hill IP.
In such event, any reduction to practice of the New Idea shall be Jointly Owned IP.