Standards Organization definition

Standards Organization has the meaning assigned to such term in Section 2.8(c) of the Agreement. An Entity shall be deemed to be a “Subsidiary” of another Person if such Person directly or indirectly owns or purports to own, beneficially or of record: (a) an amount of voting securities of other interests in such Entity that is sufficient to enable such Person to elect at least a majority of the members of such Entity’s board of directors or other governing body; or (b) at least 50% of the outstanding equity, voting or financial interests in such Entity.

Standards Organization means any standards organization, standards body, standards developing organization (SDO), standards setting organization (SSO), or any other organization, entity, association, body or other group of any type whatsoever that may impose upon an affiliated or associated member or participant an obligation or commitment to any Encumbrance on an Assigned Patent.

Standards Organization has the meaning assigned to such term in Section 2.8(c) of the Agreement.

Examples of Standards Organization in a sentence

• The Corporation has provided Parent with accurate and complete copies of all governing documents and other Contracts (including charter, Bylaws, and participation guidelines) relating to the Corporation’s membership in, contribution to, or affiliation with, any Standards Organization.

• The Vendor’s Information Security Program shall conform to the framework set forth by the International Standards Organization in a standards document entitled “Code of practice for information security management” (ISO/IEC 27002:2005, and as may be amended from time to time.).

• The Corporation is not and has never been a member of, a contributor to, or affiliated with, any industry standards or open source organization, body, working group, project, or similar organization (a “Standards Organization”), and neither the Corporation, nor any Corporation-Owned IP, is subject to any licensing, assignment, contribution, disclosure, or other requirements or restrictions of any Standards Organization.

• In the event the Territory includes any country adopting the International Standards Organization 9002 standards (or any successor thereto), Distributor shall be in compliance with the standards applicable to the Distributor’s activities under this Agreement at the date the standards become effective, and shall furnish proof to INFRAREDX that the Distributor is in compliance.

More Definitions of Standards Organization

Standards Organization means any entity whose primary activities are developing, coordinating, promulgating, revising, amending, reissuing, interpreting, or otherwise maintaining standards that addressthe interests of a wide base of users or consumers of such standards outside the standards developmentorganization.

Standards Organization has the meaning given to it in Section 3.12(n).

Standards Organization has the meaning set forth in Section 2.10.13.

Standards Organization means an organization internationally recognized as the sole standards setting body or consortium responsible for setting an international technical standard. For purposes of clarity, a Standards Organization does not include any body or consortium responsible for setting regional, national or local technical standards;

Standards Organization has the meaning set forth in Section 4.12(a).

Standards Organization has the meaning set forth in Section 5.17(g).

Standards Organization means any and all associations, industry groups or other organizations established for the purpose of developing, coordinating, promulgating, revising, amending, reissuing, interpreting, or otherwise maintaining standards, protocols or specifications. “Subsidiary” means an Entity that is, at any time, directly or indirectly Controlled by another Entity, but only as long as such Control exists. “Supplier Items” means any materials (including software, algorithm, code or other technology) developed by or for, designed by or for, licensed by or otherwise obtained from [...***...] and which would (without a valid license or other grant of rights from Purchaser or the proper exercise of the Retained Rights by Seller) directly or indirectly infringe any of the Patents. “Tax” means any tax (including any income tax, franchise tax, capital gains tax, estimated tax, gross receipts tax, value-added tax, surtax, excise tax, ad valorem tax, transfer tax, stamp tax, sales tax, use tax, property tax, business tax, occupation tax, inventory tax., occupancy tax, withholding tax or payroll tax), levy, assessment, tariff, impost, imposition, toll, duty (including any customs duty), deficiency or fee, and any related charge or amount (including any fine, penalty or interest), that is, has been or may in the future be (a) imposed, assessed or collected by or under the authority of any Governmental Body, or (b) payable pursuant to any tax-sharing agreement or similar Contract. “Transactional Agreements” mean this Agreement and all other agreements that are referred to in this Agreement or that are executed and delivered by a Party to the other Party in connection with or pursuant to this Agreement. “Transactions” mean, collectively, all of the transactions contemplated by this Agreement and the other Transactional Agreements, including: (a) the sale, assignment, conveyance, transfer and delivery of the Patents by Seller to Purchaser in accordance with this Agreement; and (b) the performance * Confidential Treatment Requested Confidential and Proprietary to Purchaser and Seller