Otherwise Dispose Of definition

Otherwise Dispose Of means (a) the lease of, or (b) any sale, transfer or possession or transfer of title to any third person for non-cash consideration.
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Otherwise Dispose Of. OTHERWISE DISPOSED OF", "OTHERWISE DISPOSES OF" and "OTHER DISPOSITION OF" as used in conjunction with LICENSED PRODUCT shall mean any transaction that is not an arms length sale, lease or disposition to a third party of a LICENSED PRODUCT in consideration for products and/or services from such third party. These phrases shall not include any LICENSED PRODUCTS which are (a) destroyed, damaged or defective or (b) on loan to third parties for testing, evaluation or field trials.
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Otherwise Dispose Of means to put into use or to lease, sell or otherwise transfer title to another party or entity in other than an arms- length transaction in the ordinary course of business.
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Examples of Otherwise Dispose Of in a sentence

  • Without limiting any restrictions or other limitations specified in Section 2.3(a) above, Fujitsu further acknowledges that, in no event shall Fujitsu or a sublicensed Fujitsu Subsidiary authorize or permit a Fujitsu contract manufacturer to manufacture, use, offer to sale, sell, import or Otherwise Dispose Of (as defined in Exhibit E) a Licensed LongRun2 Product for or on behalf of any party other than Fujitsu or a sublicensed Fujitsu Subsidiary, as applicable.

  • Fujitsu / Transmeta Agreement 3 November, 2004 used), offer for sale, sell, import or Otherwise Dispose Of (as defined in Exhibit E) such Licensed LongRun2 Products.


More Definitions of Otherwise Dispose Of

Otherwise Dispose Of means to put into use or to lease, sell or otherwise transfer title to another party or entity in other than an arms-length transaction in the ordinary course of business, but shall specifically exclude bona fide testing of any battery.
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Related to Otherwise Dispose Of

  • Disposed of shall have correlative meanings.

  • Dispose of means any (i) pledge, sale, contract to sell, sale of any option or contract to purchase, purchase of any option or contract to sell, grant of any option, right or warrant for the sale of, or other disposition of or transfer of any shares of Common Stock, or any Common Stock Equivalents, including, without limitation, any “short sale” or similar arrangement, or (ii) swap or any other agreement or any transaction that transfers, in whole or in part, directly or indirectly, the economic consequence of ownership of shares of Common Stock, whether any such swap or transaction is to be settled by delivery of securities, in cash or otherwise.

  • Specified Disposition means any disposition of all or substantially all of the assets or Capital Stock of any Subsidiary of the Borrower or any division, business unit, product line or line of business.

  • Qualified disposition means that term as defined in section 2 of the qualified dispositions in trust act.

  • Encumbered shall have corresponding meanings.