Quad/COF Technology definition

Quad/COF Technology means E’s String Ribbon Technology incorporated in E’s Wafer production furnace known as “Quad” furnace technology [****], as such Quad furnace technology exists on the Signing Date; provided that Quad/COF Technology shall be deemed to include [****].
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Quad/COF Technology meaning the process developed by E for producing silicon wafers using a furnace known as the “Quad” furnace, including Cut on the Fly, as such technology exists at the time of Signing of this Agreement and licensed from E.
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Quad/COF Technology meaning the Quad ribbon process of ESLR for producing silicon wafers including Cut on the Fly as such technology exists at the time the final Quad/COF License agreement between EQ and ESLR is entered into pursuant to this MOU.
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Examples of Quad/COF Technology in a sentence

  • Additionally, Each party shall promptly advise the other party of, and provide sufficient details of all Technology associated with other (i.e., non-patentable) improvements or developments owned or Licensable by E after the Effective Date that are incorporated by such party in the Quad/COF Technology or Additional SR Technology (if Additional SR Technology is licensed by EQ) in commercial operation (and not on a pilot, developmental or experimental basis) in such party’s facilities.

  • In October 2007, REC, Q-Cells and Evergreen agreed (i) on a further expansion of Sovello with a capacity of further 75 MW based on Quad/COF Technology, (ii) to look to establish factories in other locations worldwide and (iii) to make changes in the contractual relationships between Evergreen and Sovello and establish Sovello as an independent company with a goal of completing an initial public offering.

  • Each Party shall own all right, title and interest in all Intellectual Property Rights regarding the Improved Quad/COF Technology, Additional String Ribbon Technology or otherwise invented or authored solely by such Party’s personnel (including third parties working on such Party’s behalf).

  • EQ shall pay E a royalty (the “Quad Royalty”) equal to the Quad Royalty Rate multiplied by the number of Units (as defined below) Sold by EQ which were made using the Quad/COF Technology.

  • The amount of the royalties or other consideration received by E from its sublicensees for such Applicable Commercial Improvement and any other Applicable Commercial Improvement or the Quad/COF Technology shall not affect the royalty payment made by E to EQ for such sublicenses.

  • To the extent that E elects not to file, prosecute or maintain any E Intellectual Property Right relating to the Improved Quad/COF Technology licensed to EQ under this Agreement, or pay any fee related thereto, E shall notify EQ, and EQ shall have the right, at its option, to control the filing, prosecution and/or maintenance of any such Intellectual Property Right, and E, at EQ’s written request, shall transfer and assign all of its right, title and interest to such E Intellectual Property Right to EQ.

  • The E IP constitutes all of the Intellectual Property owned or Licensable by E that is reasonably necessary for the conduct and operation of the Quad/COF Technology for the manufacture of Wafers for use in the Licensed Products as presently configured.

  • In the case of the license of the Quad/COF Technology granted effective on the date of this MOU, until such time as (a) definitive agreement(s) has been entered into (or amendment and restatement of the LTTA has been effected), the terms of the LTTA, to the extent they are not inconsistent with the terms of the Quad/COF Technology license set forth in this MOU shall apply to the license of such technology.

  • If the sum of (A) the actual production costs of EQ using Quad/COF Technology and (B) the Quad Royalty paid to E exceeds, in any given calendar year, the actual average production costs of REC or Q for conventional sliced Wafers, then the Actual Quad Rate can be reduced such that the sum of Actual Quad Costs and the Actual Quad Rate are equal to the average production costs of conventional sliced Wafers of REC or Q, but the level of the Actual Quad Rate shall never go below zero.

  • This Agreement supersedes and replaces Section F of the MOU with respect to Quad/COF Technology and any provisions of the LTTA that would otherwise be applicable to the Quad/COF Technology.

Related to Quad/COF Technology

  • Collaboration Technology means all Collaboration Patents and Collaboration Know-How.

  • Technology means all the software, prototypes, devices, drawings, specifications, lab notebooks, manuals, databases, equipment, files, technical memoranda, invention disclosures, patent application files, research studies, testing data, plans, files, formulas, computer programs, data and information, quality control records and procedures, research and development files containing, embodying or revealing the trade secrets, confidential information, and know-how that constitute Intellectual Property.

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

  • 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.