U-GAS definition
Examples of U-GAS in a sentence
SES agrees to pay to GTI for each U-GAS unit licensed, designed, built and/or operated by or for SES an upfront royalty of * for each Thermal MegaWatt/hr (MWt) of dry syngas production of rated design capacity of the U-GAS system using Coal or a Coal and Biomass Mixture as the feed stock.
The Royalty shall be paid in two equal installments: the first installment shall be paid upon the execution of the license and/or contract for the construction of the U-GAS system; and the last installment shall be paid upon the completion of the build of the U-GAS system.
If the U-GAS system consists of more than one unit to be built over a period of years, then the second installment of the Royalty shall be paid proportionately at the completion of each unit.
SES shall not sell products that use the Know-How of GTI other than as part of a U-GAS system within the Territory.
Neither party shall be Confidential August 16, 2006 deemed to have disclosed CONFIDENTIAL INFORMATION due to the fact that such CONFIDENTIAL INFORMATION can be discerned from a U-GAS system sold by such party, either through reverse engineering or observation or due to the nature of the product itself.
SES hereby grants to GTI a royalty-free non-exclusive irrevocable license, with the right to grant sublicenses, to make, have made, manufacture, have manufactured, use, market, import, offer for sale, and sell systems incorporating said Improvements, but excluding therefrom any market or product to which SES enjoys the exclusive rights granted by GTI, such as the U-GAS Coal gasification system.
SES shall have no right to grant sublicenses to the U-GAS system to other than customers of SES for whom SES has constructed a U-GAS system without GTI’s prior written approval, which may be withheld by GTI at its sole discretion for no reason.
In the event that the Company mentions the U-GAS Process that is the subject matter of this Agreement in writing in any press release or other promotional documentation, the Company shall include the phrase “Licensed from Gas Technology Institute and Synthesis Entergy Systems, Inc.” in said release or promotional documentation.
The royalty shall be paid in two equal installments: the first installment shall be paid upon the execution of the license and/or contract for the construction of the U-GAS system; and the last installment shall be paid upon the completion of the build of the U-GAS system.
U-GAS gasification technology IP rights belongs to the Transferor, the ZZ Plant only has usage right during its operation.