Philips definition

Philips means the purchasing Affiliate of Koninklijke Philips N.V. identified in Philips’ order and where applicable includes other Affiliates of Philips;
Philips means Koninklijke Philips Electronics N.V.
Philips means Philips Electronics N.V., a company existing under the laws of the Netherlands.

Examples of Philips in a sentence

  • He previously served as CEO of BioTelemetry, successfully guiding the company through a significant turn-around that culminated in its acquisition by Royal Philips.


More Definitions of Philips

Philips has the meaning set forth in the preamble.
Philips has the meaning given in the preamble of this Agreement;
Philips means Philips North America LLC f/k/a Philips Electronics North America Corporation.
Philips and the Philips shield emblem (the "PHILIPS TRADEMARKS") on a royalty-free, worldwide, non-exclusive basis, solely for the purpose of permitting the Company and its affiliates to market, sell and distribute (either in (i) a tangible format such as compact discs, compact cassettes and audio-visual sound and image carriers or (ii) an intangible format such as the internet) (x) classical music or (y) other types or categories of music that are identical or similar in nature to those types or categories marketed, sold or distributed by the Company or affiliates under the Philips Trademarks prior to the date of this Agreement. Such license shall contain other terms customary for a commercial license between unrelated parties concerning similar trademarks and contemplated use which fairly balances the needs and interests of licensor and licensee, provided that the terms of such license shall reasonably take into account the specific position of the Philips Trademarks as housemarks. The term of such license shall expire on the tenth anniversary of the Closing Date, provided that the term shall be extended to the extent required to honor, and solely with respect to, binding obligations of the Company or its affiliates to third parties contained in agreements entered into by the Company or any of its affiliates prior to the date hereof (or in extensions of any such agreement entered into after the date hereof so long as such extension is entered into pursuant to a renewal option exercised by any such third party that is contained in any such agreement as of the date hereof). At the reasonable request of Purchaser, such license shall be evidenced by separate agreements covering one or more territories, which agreements shall be substantially similar as to the substantive terms contained therein but which may vary in form to reflect local legal requirements or customary practice. Without limiting the generality of the Company's rights regarding the marketing, selling and distribution of music (as described above), the Company shall also be entitled to use for the maximum period of ten years the name "Philips" as part of its trading style or trade name, but appropriately clarifying that it is not part of the Philips group, and provided that the name Philips is followed by a descriptive designation of the activity of the 63 56
Philips means Koninklijke Philips Electronics N.V.; Philips Electronics North America Corp.; Philips Electronics Industries (Taiwan), Ltd.; Philips da Amazonia Industria Electronica Ltda.; Philips Electronics Industries Ltd.; and Philips Consumer Electronics Co.
Philips means PENV, Philips Media, Philips Networks and their ------- respective Affiliates (other than UPC and its Controlled Affiliates).
Philips means Philips Consumer Electronic Services B.V., a private limited liability company organized under the laws of The Netherlands, and its affiliates (within the meaning of the Exchange Act).