USPC definition
Examples of USPC in a sentence
Notwithstanding anything to the contrary herein, USPC shall have the right, at its sole option and discretion, to terminate this Agreement without advance notice (but with written notice) in the event that Licensee shall fail to abide by the obligations as set forth in Article V hereof for three (3) consecutive quarters.
For ex- ample, the USPC may override the im- position of any of the sanctions in paragraph (b) of this section and issue a warrant or summons if you are a pa- ▇▇▇▇▇ and it finds that you are a risk to the public safety or that you are not complying in good faith with the sanc- tions (see 28 CFR 2.85(a)(15)).
As and when the information supplied by USPC to Licensee pursuant to Article III is supplied by Licensee or an Associated Company of Licensee to a third party supplier to have such third party supplier manufacture Licensed Products for Licensee and/or its Associated Companies, Licensee will notify USPC of the name of such third party supplier and of the fact that such third party supplier has agreed in writing to the restrictions on the use of the USPC supplied information to be observed by it.
Licensee agrees that, subject to what has been provided for in Article IV of this Agreement, Licensee and its Associated Companies shall not disclose to any third party information relative to the manufacture and sale of Licensed Products acquired from USPC or USPC's Associated Companies.
USPC makes no warranty whatsoever that the use of information supplied by USPC does not infringe or may not cause infringement of patent rights owned or controlled by third parties, or of patent rights owned or controlled by USPC or an Associated Company of USPC not licensed pursuant to Article II.
In further certainty the parties of this Agreement recognize that third parties own patent rights in the field of Licensed Products and Licensee accepts that USPC makes no warranty whatsoever that any manufacture, use, sale, lease or other disposition of Licensed Product will be free from infringement of any patent other than Licensed Patents.
However, in the event that the government of a country imposes any income taxes on payments made by Licensee to USPC hereunder and requires Licensee to withhold such tax from such payments, Licensee may deduct such tax from such payments.
Such inspection shall be conducted at USPC's own expense provided that if any discrepancy or error exceeding three percent (3%) of the monies actually due is established, the cost of such inspection shall be borne by Licensee, without prejudice to any other claims that USPC may have under this Agreement or under applicable law.
Licensee shall pay the royalties due to USPC concurrently with the submission of the aforementioned written statement.
In such event, Licensee shall promptly provide USPC with tax receipts issued by the relevant tax authorities so as to enable USPC to support a claim for credit against income taxes which may be payable by USPC.