Technology Recipient definition
Examples of Technology Recipient in a sentence
Such plan shall provide for the transfer by AstraZeneca to the Technology Recipient, at Horizon’s expense, all Packaging Technology; provided, however, that AstraZeneca shall provide up to [...***...] of technology transfer services at no cost to Horizon in connection with the transfer of the Packaging Technology to Horizon or the Technology Recipient (and in providing reasonable assistance in connection therewith).
Promptly following the date of such Technology Transfer Notice, the Parties shall work together to agree to a plan for transitioning the Packaging Technology to the Technology Recipient, and each Party shall use commercially reasonable efforts to perform its obligations under such plan in accordance with the timelines set out therein.
Horizon acknowledges and agrees that AstraZeneca provides no assurances or guarantee that the Packaging Technology may be successfully transferred to the Technology Recipient.
Acceleration - activities implemented by the beneficiary for the benefit of the Grant Recipient, described in the Individual Acceleration Plan, leading to the development of the Grant Recipient's product, aimed at enabling the pilot implementation of the solution developed by the Grant Recipient at the Technology Recipient or acquiring capital from the Investor.
Horizon acknowledges that the timely and successful transfer of the Packaging Technology to the Technology Recipient depends on the provision of information, personnel, products, materials, services, facilities and other resources by or on behalf of Horizon or the taking of certain actions by or on behalf of Horizon.
Upon the termination of this Agreement (or upon request form VT Technology), Recipient shall cease use of the Software, and if so requested, promptly return to VT Technology, or certify destruction of, all full or partial copies of the Software provided by VT Technology.
Unless the parties execute a broader license to the Technology, Recipient shall upon termination or expiration of this Agreement destroy all Technology, including any and all derivative works thereof and certify to Intel in writing of Recipient's compliance with this provision.
The Parties also acknowledge that upon completion of the Technology Transfer contemplated by this Section 2.13.2, the upper and lower quantities set forth in the most recent Forecast provided by Purchaser shall not be applicable, and the Parties shall discuss in good faith the implementation of a modified Forecast taking into account the Technology Transfer to the Technology Recipient.
Such plan shall provide for the transfer by Seller to the Technology Recipient, at Buyer’s cost and expense, of all Manufacturing Technology (other than any Packaging Technology that has been transferred pursuant to Section 2.12.1), the amounts payable by Buyer to Seller in connection therewith (which, for clarity, shall cover Seller’s direct costs incurred in connection with such technology transfer) and the maximum number of hours Seller is required to devote to such technology transfer.
Buyer acknowledges and agrees that AstraZeneca provides no assurances or guarantee that the Manufacturing Know-How shall be successfully transferred to the Technology Recipient.