Prime Technology definition

Prime Technology means any Business Technology that is primarily held for or used primarily in the Business including (i) Business Technology used primarily in the creation, development, modification or maintenance of Sniffer Products (including both current and prior versions, prototypes or forms of such products), (ii) all Technology that is included in or constitutes the Sniffer Products (including both current and prior versions or forms of such products and the Software therefore), (iii) all Technology (including documentation) as the same exist as of the Closing Date that constitutes or is primarily related to a Sniffer Product under development as of the Closing Date; and (iv) the items identified in Section 2G of the Asset Schedule. Any Technology that is not capable of being copied (such as hardware) that is primarily related to the Business shall be deemed Prime Technology and not Shared Technology. For avoidance of doubt the Prime Technology shall include all materials of Sellers used primarily in the operation or conduct of the program of Sellers' known as "Sniffer University."
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Examples of Prime Technology in a sentence

  • No other material, part, or component other than a new and authentic part is to be used unless approved in advance in writing by Prime Technology LLC.

  • Rights to access will be coordinated and agreed upon with the supplier and Prime Technology LLC.

  • Seller agrees and shall ensure that Counterfeit Parts or Counterfeit Work are not delivered to or incorporated into Prime Technology LLC and that the Work contains not Counterfeit Parts or Counterfeit Work.

  • From May 29, 2006 through your Termination Date, you will be responsible for special projects as assigned by NCR, which will include serving as Non-Executive Chairman of Prime Technology, and may include, but not be limited to, the following: consultant on matters related to Fox River; consultant to the Chief Executive Officer (“CEO”) and others regarding NCR Government Affairs; and consultant on international business matters and other matters as determined by the CEO.

  • The Prime Technology includes all Technology used primarily in the Business.

  • The Sellers Prime Technology Ventures II N.V. and Prime Technology Venture Partners II B.V. shall be allowed to disclose the key financial terms of this Agreement to their current and future investors and shall be allowed to fully disclose the contents of this Agreement following filing by Purchaser of this Agreement with the US Securities & Exchange Commission.

Related to Prime Technology

  • New Technology means methods, products, processes and procedures developed through science or research;

  • Licensee Technology means the Licensee Know-How and Licensee Patents.

  • Company Technology means all Technology used in or necessary for the conduct of the business of the Company or any of its Subsidiaries, or owned or held for use by the Company or any of its Subsidiaries.

  • Background Technology means all tools, programs, designs, processes, formulas, techniques, improvements, inventions, works of authorship, software, data, know-how, ideas, methodologies, specifications, code libraries, algorithms, protocols, routines, subroutines, network systems, machine learning models, Trade Secrets (defined below), and other technology which are: (a) created, developed, owned, or licensed by PickNik prior to the Effective Date of this Agreement; (b) are created, developed, owned, or licensed by PickNik during the term of this Agreement but not delivered as a part of the Software; (c) which have general applicability to PickNik’s business and which are not based on any Company Confidential Information; or (d) modifications of or derivatives to any of the foregoing.

  • Licensor Technology means the Licensor Patents and the Licensor Know-How.