R2G definition
Examples of R2G in a sentence
Upon the consummation of the transactions described in this Section 1.01, all of the issuance obligations under the R2G Agreement and the repurchase obligations with respect to the Transferred Shares under the PAG Agreement shall be deemed to have been fully discharged.
Braingrid agrees to sell the Sentrollers to R2G as noted in Schedule A.
Braingrid will provide embedded software API (but not user interface or applications) at its cost and R2G will provide applications at its cost.
R2G agrees to pay to Braingrid a monthly subscription fee for each Sentroller actively in operation (the “Monthly Subscription Fee”) as noted in Schedule A.
Braingrid will provide an entire page on the website ▇▇▇▇▇▇▇▇▇.▇▇, for R2G at its own expense to communicate their features and functions, in the form of an Braingrid story.
Braingrid is the exclusive worldwide licensee of the technology included in Braingrid’s patented device known as the Sentroller and Braingrid agrees to sell to R2G and R2G agrees to purchase from Braingrid Sentrollers together with a software platform and sensors developed by Braingrid (collectively the “BG Solution”) on the terms and conditions set forth in this SAA and in particular, the terms and conditions of the Master Sales Agreement attached hereto as Schedule “A” and forming part of this SAA.
All hardware and software is governed by the terms of the SAA regardless whether the sale is made to R2G or one of its affiliated companies or franchisees.
R2G agrees that it will deal exclusively with Braingrid to purchase and shall require its affiliated companies and franchisees to purchase the BG Solution for the Franchise Model during the Term of the SAA.
Both parties agree to co-brand and co-market the R2G version of the product at their respective headquarters, all R2G/Braingrid tradeshows where there is a booth, and locations (for eg.
During the Term and so long as R2G purchases the minimum annual order of Sentrollers in each Year’s Milestone, Braingrid agrees that it will not to the best of its knowledge sell during the next year following each Milestone, the BG Solution to competitors of the Franchise Model selling self-contained pods (which include Do-It-Yourself pod home grows and community pod grows).