Proposed Technology definition
Examples of Proposed Technology in a sentence
At no point will the Jal ▇▇▇▇▇ or NMCG be obliged to make any payments to the Concessionaire towards the licensing and use of the Proposed Technology.
Exhibit C EPI Model System Genetic Technology Proposed Technology Transfer to BMS I.
Unless otherwise agreed in writing by the Parties, as part of a Project Plan or otherwise, the Parties shall proceed in good faith with negotiations of a separate mutually agreeable Commercial Supply and License Agreement in connection with a specific MBI Proposed Technology for a period of no longer than [*****] from the date of receipt by MBI of the written notice from Scotts pursuant to Section 3.3 above in connection with such MBI Proposed Technology (the “Negotiation Period”).
The Parties acknowledge and agree that, as a term of any separate mutually agreeable Commercial Supply and License Agreement, MBI shall supply a suitable form (e.g., a technical grade active ingredient, a final formulation, etc.) of the subject MBI Proposed Technology to Scotts at a price that is: (a) [*****].
The license granted in this Section 8.1.3 will continue for the Term of this Agreement, or, as to any MBI Proposed Technology that is the subject of an executed Project Plan, the term of such Project Plan, unless this Agreement, or such Project Plan, is earlier terminated in accordance with Article 10 or otherwise.
The DPR shall include details of the Proposed Technology, demand assessment, technical feasibility, detailed cost estimates, capital investment plan, project financing details, revenue projections and financial analysis.
The Project Management Committee shall recommend and advise, pursuant to Article 4 hereof, whether a Development Project shall be established to perform additional development activities specific to commercialization in the Consumer Market in the Territory for an MBI Proposed Technology.
The Exclusivity Period and the Exclusivity Grant shall automatically terminate with respect to each and every MBI Proposed Technology that becomes a Declined MBI Technology pursuant to Section 3.3.3 hereof.
If the Selected Bidder does not own the Proposed Technology, then the Concessionaire shall, at its own cost, enter into a technology license agreement with the technology provider, under which the technology provider will grant to the Concessionaire an irrevocable, perpetual, assignable and royalty-free license to use the Proposed Technology.
At no point will the Authority be obliged to make any payments to the Concessionaire towards the licensing and use of the Proposed Technology.