Technovita definition

Technovita means Technovita Technologies Corporation, the exclusive licensee of the Patent Rights and Technology in Canada.
Sample 1

Examples of Technovita in a sentence

  • During the duration of this Sublicense Agreement, Sublicensee will have the right to commence legal action for the enforcement of any Patents within the Licensed Territory, but prior to the commencement of any such action by Sublicensee, Sublicensee will advise Licensor, Licensee and Technovita by notice in writing of its intention to do so.

  • In the event of a termination of the License Agreement (as defined in the Sublicense Agreement between, inter alia, the Company and Novas USA), one hundred percent (100%) of Novas USA’s Membership Interest in the Company and all of Novas USA’s rights under this Agreement shall be transferred and assigned to Technovita, and Novas USA shall no longer be a party to this Agreement or Member of the Company.

  • The officers of the Company shall include a Chief Executive Officer, who shall be initially selected by Technovita (who shall initially be Kxx Stankievech, President and Chief Executive Officer), a Deputy Chief Executive Officer or other key manager, who shall be initially selected by Novas USA (who shall initially be Jxxxx XxXxxxx, Executive Vice President, Sales and Marketing), and a Chief Technology Officer, who shall be selected by the unanimous written consent of the Members (initially vacant).

  • The Members hereby agree that an additional Capital Contribution of $300,000 by Novas USA and $200,000 by Technovita will be made on the two month anniversary of the Effective Date, but only in the event such additional Capital Contribution is needed by the Company and requested in writing.

  • Notwithstanding the foregoing, and for greater certainty, Technovita Technologies Corporation shall have the right to Deploy the Vertical Technology in wxxxx owned by it or its Affiliates in Canada, and Novas USA shall have the right to Deploy the Vertical Technology in wxxxx owned by it or its Affiliates in the United States.

  • Novas USA, Technovita, and the JV Entity hereby jointly and severally agree to allocate to the JV Entity all expenses incurred by the Technovita or Novas during the period between August 1, 2015 and October 21, 2015 as set forth in Exhibits A, B, and C annexed hereto.

  • In the event of a termination of the License Agreement (as defined in the Sublicense Agreement between, inter alia, the Company and Technovita Technologies Corporation), one hundred percent (100%) of Technovita’s Membership Interest in the Company and all of Technovita’s rights under this Agreement shall be transferred and assigned to Novas USA, and Technovita shall no longer be a party to this Agreement or Member of the Company.

  • Any Technovita Director may be removed at any time, with or without cause, by Technovita, and any Novas Director may be removed at any time, with or without cause, by Novas USA.

  • Novas USA, Technovita, and the JV Entity hereby jointly and severally agree to allocate to the JV Entity expenses in the amount of $110,496.00 USD incurred during the month of August 2015, and the JV Entity shall immediately reimburse such amount to Technovita.

  • Name and Contact Information Capital Contribution Membership Interest Technovita Technologies USA, Inc.

Related to Technovita

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  • CSDCC means the China Securities Depository and Clearing Co., Ltd. “CSRC” means the China Securities Regulatory Commission.

  • Raptor means all birds of the orders Falconiformes and Strigiformes, commonly called falcons,

  • Honeywell has the meaning set forth in the preamble.

  • Arena means an enclosed building:

  • Information Technologies means all information processing and communications-related hardware, Software, supplies, and consumable items that the Supplier is required to supply and install under the Contract.

  • DTS means Days to Settlement, i.e., the number of actual days elapsed from and including the original Closing Day with respect to such Accepted Note (in the case of the first such payment with respect to such Accepted Note) or from and including the date of the next preceding payment (in the case of any subsequent delayed delivery fee payment with respect to such Accepted Note) to but excluding the date of such payment; and "PA" means Principal Amount, i.e., the principal amount of the Accepted Note for which such calculation is being made. In no case shall the Delayed Delivery Fee be less than zero. Nothing contained herein shall obligate any Purchaser to purchase any Accepted Note on any day other than the Closing Day for such Accepted Note, as the same may be rescheduled from time to time in compliance with paragraph 2B(7).

  • Production company means a person or entity engaged in the business of making motion picture, television, or radio images for theatrical, commercial, advertising, or education purposes; Reserved

  • SBS means the New York City Department of Small Business Services.

  • TEC means the Technical Evaluation Committee, constituted for the purpose of evaluating the Proposals received.