Technology Licensing definition

Technology Licensing has the meaning set forth in Section 7(c) (Remedies, Mitigation and Clawbacks) of the Guardrail Provisions.

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Technology Licensing means: (a) An express or implied contractual agreement in which the rights owned by, licensed to or otherwise lawfully available to one party in any, trade secrets or knowhow are sold, licensed or otherwise made available to another party.

Technology Licensing has the meaning given to the term in Section 7(c) (Remedies, Mitigation and Clawbacks) of the Guardrail Provisions. “Termination Date” means the date that is the later of (a) the last day of the Period of Performance; and (b) the tenth (10th) anniversary from the Award Date. “Threshold Event of Loss” means any compromise or settlement of any claim with respect to any Event of Loss involving an amount in excess of Five Hundred Thousand Dollars ($500,000). “Title Commitment” means, with respect to any Project Site, an ALTA commitment for title insurance, in form and substance satisfactory to the Department, issued by the Title Company in respect of the applicable Project Site for such Project. “Title Company” means a national commercial title insurance company acceptable to the Department. “Total Funding Available” means, with respect to any Project and as of any date of determination, the sum of: (a) the unused portion of the Maximum Award Amount for such Project; plus (b) any other unused equity funding that is committed for such Project; plus (c) any other funding that the Department determines to be reasonably likely to become available to the Recipient for such Project after such date of determination to pay all remaining Project Costs. “Total Project Costs” means, with respect to any Project and as of any date of determination, the total amount of Project Costs reasonably likely to be required to be paid by the Recipient to achieve the Project Completion Date for such Project. “Trade Secrets” means any trade secrets and other confidential or proprietary information, including know-how, inventions, processes, procedures, algorithms, Source Code, databases, concepts, ideas, research or development information, techniques, technical information and data, specifications, methods, discoveries, modifications, extensions, and customer and supplier lists, in each case, whether or not reduced to a written or other tangible form. “Transfer” means any sale, assignment, pledge, creation of a security interest or other transfer, regardless of whether carried out directly or indirectly, provided that the term “Transfer” shall not include the creation or existence of any Permitted Lien. “True-Up Amount” means, with respect to any requested Disbursement for any Disbursement Milestone of any Project and as of any date of determination, an amount equal to: (a) the lesser of (i) the product of (A) the Scheduled Cumulative Disbursement Ratio for such Disbursement Mileston...

Examples of Technology Licensing in a sentence

If ***** does not notify Stanford University Office of Technology Licensing at least 15 days prior to enrolling the first patient in a clinical trial at Stanford, ***** agrees that it will pay $50,000 to Stanford within 30 days of being invoiced.
Each Party shall promptly notify the other Party of any Joint Invention; in the case of MIT, such notification shall be provided to Sponsor after an invention disclosure is received by MIT’s Technology Licensing Office (“TLO”).
Assistant ▇▇▇▇ and Director Office of Technology Licensing The ▇▇▇▇▇ ▇▇▇▇▇▇▇ University School of Medicine ▇▇▇▇ ▇.
All notices under this Agreement shall be deemed to have been fully given when done in writing and deposited in the United States mail registered or certified, and addressed as follows: To STANFORD: Office of Technology Licensing Stanford University ▇▇▇ ▇▇▇▇▇ ▇▇▇▇, Suite 350 Palo Alto, CA 94304-1850 Attention: Director To RIGEL: Rigel Pharmaceuticals, Inc.
The Office of Technology Licensing shall assess the relative equities of the faculty member and the University in the work.
If ***** does not notify Stanford University Office of Technology Licensing at least 15 days prior to enrolling the first patient in a clinical trial at Stanford, ***** agrees that it will pay $50,000 to Stanford.
If the University wishes to assert its interest in the work, the Office of Technology Licensing shall inform the faculty member as soon as practicable but in no case later than sixty (60) days after disclosure to the OTL.
North Carolina Lummus Gasification Technology Licensing Company Delaware CB&I Laurens, Inc.
In the case of UFRF, that representative is the Director of Technology Licensing.
All notices under this Agreement are deemed fully given when written, addressed, and sent as follows: All general notices to Licensee are mailed to: All financial invoices to Licensee (i.e., accounting contact) are e-mailed to: All general notices to Stanford are e-mailed or mailed to: Office of Technology Licensing ▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ ▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇ All payments to Stanford are mailed to: Stanford University Office of Technology Licensing Department #44439 ▇.▇.

More Definitions of Technology Licensing

Technology Licensing means the movement of technological discoveries from the laboratory to the commercial market place, or for further research. For this purpose, the licensor (the Party owning the intellectual property) grants the licensee the right to develop and/or commercialize the intellectual property in return for financial consideration, i.e. up-front payments, license fees and/or royalties as per Clauses 7.7and 7.8, or otherwise. In this Agreement, unless otherwise stated, a reference to any Clause is a reference to a Clause of this Agreement.

Technology Licensing means the licensing by UCC to the Company of technology under the PE Licence Agreement and the EG Licence Agreement in return for Royalty Payments;