Old Technology definition
Examples of Old Technology in a sentence
The exclusive nature of the foregoing license is subject to the rights granted pursuant to the Prior Agreements with respect to the Old Technology, including U.S. Patent No. 5,633,001.
The co-exclusive nature of the foregoing license is subject to the rights granted pursuant to the Prior Agreements with respect to the Old Technology, including U.S. Patent No. 5,633,001.
Pursuant to the Penney Agreement, Penney has the non-exclusive right to use the Old Technology in home shopping and business-to-business applications.
Effective April 1, 1995, the Company, IT and ICT entered into an agreement (the "1995 AGREEMENT; and, together with the 1992 Agreement, the "COMPANY/IT LICENSE AGREEMENTS") pursuant to which IT and the Company were granted the exclusive, worldwide right to use the Old Technology and technology developed by ICT since the date of the 1992 Agreement, including certain technology developed specifically for IT and the Company (the "NEW TECHNOLOGY").
With respect to the Daily Services to be provided under the FT Technology Services Agreement, the Group shall pay a service fee at a rate of 0.2% of the Sales Revenue of the Group for the year, which was determined with reference to the terms of the Old Technology Services Agreement.
If the 1995 Agreement (as amended by the 1997 Amendment) is terminated or not further renewed, IT will retain its right to the Old Technology under the 1992 Agreement.