EXISTING BUSINESS RELATIONSHIP BETWEEN THE PARTIES Sample Clauses

EXISTING BUSINESS RELATIONSHIP BETWEEN THE PARTIES. The Parties previously established a business relationship, according to which Kinetics manufactures for Applied fluid delivery systems for incorporation into various systems sold by Applied, including semiconductor fabrication equipment, flat panel display fabrication equipment and thin film application process equipment ("Outsource Relationship"). The Outsource Relationship is CONFIDENTIAL TREATMENT REQUESTED
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EXISTING BUSINESS RELATIONSHIP BETWEEN THE PARTIES. The Parties previously established a business relationship, according to which Kinetics manufactures for Applied fluid delivery systems for incorporation into various systems sold by Applied, including semiconductor fabrication equipment, flat panel display fabrication equipment and thin film application process equipment ("Outsource Relationship"). The Outsource Relationship is defined by a series of agreements, including an "Intellectual Property Agreement" dated June 28, 1999 ("Original IPA.") The Original IPA was amended by a series of three amendments - (1) First Amendment to Intellectual Property Agreement dated September 20, 1999, (2) Second Amendment to Intellectual Property Agreement dated September 20, 1999, and (3) Third Amendment to Intellectual Property Agreement dated June 25, 2000 (the thrice-amended Original IPA and any of its predecessor agreements, including the Original IPA, are referred to hereinafter as the "Amended IPA"). The Amended IPA defines each Party's intellectual property rights and obligations related to the fluid delivery systems manufactured for Applied by Kinetics until the Effective Date of this Agreement.
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Related to EXISTING BUSINESS RELATIONSHIP BETWEEN THE PARTIES

  • Relationship Between the Parties The parties’ relationship, as established by this Agreement, is solely that of independent contractors. This Agreement does not create any partnership, joint venture or similar business relationship between the parties. Neither party is a legal representative of the other party, and neither party can assume or create any obligation, representation, warranty or guarantee, express or implied, on behalf of the other party for any purpose whatsoever.

  • Relationship Between Parties Each party will be deemed to represent to the other party on the date on which it enters into a Transaction that (absent a written agreement between the parties that expressly imposes affirmative obligations to the contrary for that Transaction):

  • Certain Business Relationships Neither Parent nor any of its affiliates is a party to any Contract with any director, officer or employee of the Company or any Company Subsidiary.

  • Business Relationship This Agreement shall not create any agency, employment, joint venture, partnership, representation, or fiduciary relationship between the parties. Neither party shall have the authority to, nor shall any party attempt to, create any obligation on behalf of the other party.

  • Certain Business Relationships with the Company Except as disclosed on (S) 4A(s) of the Sellers' Disclosure Schedule, neither the Sellers nor their Affiliates have been involved in any business arrangement or relationship with the Company outside of the Company's Ordinary Course of Business within the past 12 months, and neither the Sellers nor any of their Affiliates owns any asset, tangible or intangible, which is used in the business of the Company.

  • Business Relationships There are no business relationships or related party transactions involving the Company or any other person required to be described in the Registration Statement, the Pricing Disclosure Package and the Prospectus that have not been described as required.

  • Termination of Business Relationship If the Optionee's Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5, no further installments of this option shall become exercisable, and this option shall terminate (and may no longer be exercised) after the passage of 90 days from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

  • Business Relations Neither the Company nor Seller knows or ------------------ has good reason to believe that any customer or supplier of the Company will cease to do business with the Company after the consummation of the transactions contemplated hereby in the same manner and at the same levels as previously conducted with the Company except for any reductions which do not result in a Material Adverse Change. Neither Seller nor the Company has received any notice of any material disruption (including delayed deliveries or allocations by suppliers) in the availability of any material portion of the materials used by the Company nor is the Company or Seller aware of any facts which could lead them to believe that the Business will be subject to any such material disruption.

  • No Obligation to Continue Business Relationship Neither the Plan, this agreement, nor the grant of this option imposes any obligation on the Company to continue the Optionee in employment or other Business Relationship.

  • Subadviser’s Relationship Notwithstanding anything herein to the contrary, Subadviser shall be an independent contractor and will have no authority to act for or represent the Trust, the Fund or Manager in any way or otherwise be deemed an agent of any of them, except to the extent expressly authorized by this Agreement or in writing by the Trust or Manager.

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