PFEL definition

PFEL means Peter Fowler Enterprises Ltd.
PFEL has the meaning set forth in the Recitals of this Agreement.

Examples of PFEL in a sentence

  • PFEL has the corporate power to own or lease its properties and assets and to carry on its business as now conducted.

  • PFEL is a corporation duly organized, validly existing and in good standing under the laws of the Cayman Islands.

  • PFEL shall not represent that any product or system sold in conjunction with the PAPNET System or PAPNET Service is a product manufactured or endorsed by NSI.

  • PFEL shall not solicit or take any action that is designed or intended to have the effect of discouraging any PAPNET(R) Testing System customer, supplier, or other business associate from maintaining the same business relationships after execution hereof as PFEL maintained prior to such date.

  • PFEL agrees to comply with NSI's prevailing policies regarding use of NSI's copyrights, trademarks and trade names used by NSI's distributors and representatives, as such policies may be amended from time to time.

  • PFEL shall not use NSI's copyrights, trademarks or trade names in a disparaging manner.

  • NSI further covenants, and shall cause its direct and/or indirect subsidiaries to covenant, that PFEL shall receive substantially the same consideration as that which PFEL may receive pursuant to any assignment, transfer, sublicense and/or delegation, in whole or in part, of this Third Agreement, with respect to any other marketing and/or sales rights granted by NSI, or any of its subsidiaries, to any third party for the PAPNET(R) Testing System in any part of the Territory.

  • PFEL shall not, or shall not permit any third party to, encourage uses of PAPNET other than as permitted by NSI.

  • NSI shall assist PFEL in filing all required documents with, and in obtaining any necessary approvals, permits or licenses from, any applicable Governmental Body.

  • The Seller and each PFEL Stockholder will treat and hold as such all of the Confidential Information, refrain from using any of the Confidential Information except in connection with this Agreement, and deliver promptly at Closing to the Buyer all tangible embodiments and all digital media copies of the Confidential Information which are in its, his or her possession.