USGC definition
Examples of USGC in a sentence
Market (USGC) of some refined products, the value of the barrel of said crude oil in the same market is determined.
NMC may exercise this right to audit no more frequently than once during any calendar year and shall provide USGC with at least thirty (30) days advance written notice prior to conducting an audit of USGC's records.
NMC will provide USGC only with factual data concerning test conditions and results of the tests.
At the request of NMC and at NMC's expense, USGC shall cooperate with and assist NMC to evidence, demonstrate or perfect NMC's right, title and interest in and to the Improvements, including preparing, filing and prosecuting relevant patent applications in the United States and other countries and including signing such documents and performing such acts, or having employees or others sign such documents or perform such acts, as requested by NMC.
USGC shall promptly notify NMC in writing of any actions by a Third Party of which USGC becomes aware during the term of this Agreement which USGC believes is infringing one or more of the NMC Patents.
Upon request from USGC, NMC will consider performing laboratory flotation testing to further investigate application of the NMC Flotation Technology for implementation at the Tonkin Springs Property.
USGC shall promptly notify NMC in writing of any claim, action or suit for infringement of a patent or other intellectual property right asserted or threatened to be asserted against USGC or a permitted sublicensee of USGC during the term of this Agreement based on use by USGC or the permitted sublicensee of any portion of the NMC Flotation Technology.
USGC, and permitted sublicensees of USGC, shall be free of liability with respect to any infringement or other violation of the NMC Patents on account of exercise by USGC, or a permitted sublicense of USGC, of the right and license granted to USGC by NMC under section 2.1.
The prices used are those of the USGC, since this is the main market for Colombian crude oils.
USGC shall, and shall cause other USGC Parties, to use best efforts to maximize monies received from Third Party purchasers for sales of Licensed Concentrate and Licensed Dore.