Polyurethane Intermediates definition
Polyurethane Intermediates means the chemical polyurethane backbones and polyurethane dispersions products listed on Schedule A hereto which have been manufactured by the Seller in the United States and sold as industrial chemical Intermediates to customers throughout the world listed on Schedule A. “Intermediates” means products sold to third parties who further incorporate such products with other substances into finished goods or otherwise modify the product for use by their end customers. For the avoidance of doubt, under no circumstances shall the Polyurethane Intermediates include or be deemed to include any formulated finished products for end applications as adhesives, sealants or coatings. The Polyurethane Intermediate line of business is referred to herein as the “Polyurethane Intermediate Line”. The Microspheres Products and Polyurethane Intermediates are referred to herein collectively as the “Products” and the Microspheres Product Line and Polyurethane Intermediate Line are referred to herein collectively as the “Business Product Lines”; and
Examples of Polyurethane Intermediates in a sentence
The parties acknowledge that the license of the Licensed Know How (as that term is defined in the License Agreement) granted by the Seller under the License Agreement with respect to the Polyurethane Intermediates Line is worldwide, and that the Buyer is not restricted under the License Agreement from using the Licensed Know How to sell Polyurethane Intermediates in areas outside of the United States and Canada.
For the avoidance of doubt, under no circumstances shall the Polyurethane Intermediates include or be deemed to include any formulated finished products for end applications as adhesives, sealants or coatings.