PEM Equipment definition

PEM Equipment means equipment that Seller provides to Buyer under this PO, including the PEM reactor and thermal residence chamber, partial oxidation gasifer and all related controls, power supplies, metals and vitrate recovery equipment embodying, and into which Seller has embedded all or portions of, the PEM Technology, all as more specifically identified on an itemized, component-by-component basis by name and model number in this PO.
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PEM Equipment means all of equipment that Seller is required to provide to Owner under this Contract, as specified in the PEM Equipment Description, including the Refractory (i.e., the PEM reactor and thermal residence chamber, and partial oxidation gasifier) and all related controls, power supplies, metals and vitrate recovery equipment embodying, and into which Seller has embedded all or portions of, the PEM Technology, all as more specifically identified in the PEM Equipment Description.
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Examples of PEM Equipment in a sentence

  • No ownership of the PEM Technology or the IP Rights in and to the PEM Technology are transferred to Owner except that, subject to the terms and conditions of the Agreement and this PO, Seller hereby grants to Owner (once the fees hereunder have been paid), a fully paid-up, royalty-free license under the Seller’s IP Rights to use the PEM Technology provided to Owner for the sole purpose of operating and maintaining, at the Facility, the PEM Equipment purchased hereunder.

  • No ownership of the Owner Technology or the IP Rights in and to the Owner Technology are transferred to Seller except that Owner hereby grants to Seller, subject to the terms and conditions of the Agreement and this PO, a fully paid-up, royalty-free worldwide, license under the Owner’s IP Rights to make such limited uses of the Owner Technology as are reasonably required to perform services for the benefit of Owner in connection with the PEM Equipment purchased under this PO.

  • The licenses hereunder shall continue in effect for so long as Owner or any permitted successor retains ownership of the PEM Equipment.

  • This PO sets forth the entire, final and exclusive agreement between Owner and Seller and supersedes all prior and contemporaneous agreements, understandings, negotiations and discussions between them, whether oral or written, regarding Owner’s purchase of PEM Equipment and license to PEM Technology.

  • If an Owner enters into a PO such Owner shall be considered to be the party holding title to the PEM Equipment components of the Core System and the licensee of the IET Technology components therein, and shall be responsible for complying with the terms and conditions of the PO and this Agreement to the extent incorporated therein.