Security Chip definition

Security Chip means the application specific integrated circuit that instantiates the Security Feature and is made by an Approved Vendor.

Examples of Security Chip in a sentence

  • The Security Feature Fee is above and beyond the actual cost of the Security Chip that Company (or Approved Purchasers) will purchase from the Approved Vendor.

  • Company will pay Microsoft a one-time setup fee in the amount of US$*** in consideration of Microsoft and its Approved Vendor establishing a Company-specific version of the Security Chip for Company’s use.

  • Microsoft reserves the right to require additional design or other specifications relating to the Xbox 360 Chips and/or to add or decrease security requirements, including, without limitation, implementation of the Security Feature without using the Security Chip.

  • Company must pay the Security Feature Fee for each Security Chip purchased by Company on a quarterly basis at the same time Company submits the royalty report and payment required in Section 5.2(b).

  • The Security Feature Fee is above and beyond the actual cost of the Security Chip that Licensee will purchase from the Approved Vendor.

  • Company will pay Microsoft a license fee in the amount of US*** per Security Chip that is purchased by Company.