Derivative Product Sample Clauses

The Derivative Product clause defines the specific financial instruments or contracts that are considered derivatives under the agreement. It typically outlines the types of products covered, such as swaps, options, or futures, and may specify criteria like underlying assets or reference rates. By clearly identifying which products are included, this clause ensures both parties understand the scope of their obligations and helps prevent disputes over whether a particular transaction falls within the agreement.
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Derivative Product. The Authority has executed and delivered the Initial Derivative Product, and may provide an Alternate Derivative Product upon the termination of any Derivative Product.
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Derivative Product. The term “Derivative Product” shall mean products that are not Licensed Products, but are in the Field and share an active pharmacophore or mechanism of action with any Licensed Product. If a product can be characterized as a Licensed Product and a Derivative Product, then such product shall be considered a Licensed Product.
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Derivative Product. “Derivative Product” as used herein shall mean any product subsequently approved by applicable regulatory authorities for use in spinal cord stimulation to manage chronic pain of the trunk and limbs that is of substantially equivalent design and functionality as a product that is commercially marketed and sold as of the Effective Date. In the interest of clarity, a future product shall be considered a “Derivative Product” unless it is covered by a patent (other than the Licensed Patents) that does not cover a product commercially marketed and sold as of the Effective Date. Whether a future product is a “Derivative Product” shall be determined on a patent-by-patent basis; a future product that is not a “Derivative Product” with respect to one patent shall not be exposed to claims of infringement based on any other patent for which the product is a “Derivative Product.”
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Derivative Product. The City has not entered into any Derivative Product relating to Debt (a) wherein any termination payment thereunder is senior to or on a parity with the payment of the Revolving Loans, the Term Loans or the other Obligations or (b) which requires the City to post cash collateral to secure its obligations thereunder.
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Derivative Product. ESS agrees that for a period of three years from the Effective Date, it shall not release any new integrated circuits for Standard DVD Player applications.
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Derivative Product. All of the structured products, which are used for the purpose of hedging or increasing the revenue by taking risk at a certain level, in general such as treasury bill, government bond, indexes, precious metals, commodities, interest rates or currency indexed derivatives, forward transactions, swaps, options and futures are called as Derivatives.
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Derivative Product the End-User is entitled to use, store, copy, alter, process and/or modify data as well as Extract received from the Processing Blocks to produce Derivative Product.
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Derivative Product. 3.20(d) DGCL........................................................................1.01
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Derivative Product. Type of use of work commissioned for purposes other than its broadcast by the CBC
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Related to Derivative Product

  • Combination Products If a LICENSED PRODUCT is sold to any third party in combination with other products, devices, components or materials that are capable of being sold separately and are not subject to royalties hereunder (“OTHER PRODUCTS,” with the combination of products being referred to as “COMBINATION PRODUCTS” and the Other Product and Licensed Product in such Combination Product being referred to as the “COMPONENTS”), the NET SALES of such LICENSED PRODUCT included in such COMBINATION PRODUCT shall be calculated by multiplying the NET SALES of the COMBINATION PRODUCT by the fraction A/(A+B), where A is the average NET SALES price of such LICENSED PRODUCT in the relevant country, as sold separately, and B is the total average NET SALES price of all OTHER PRODUCTS in the COMBINATION PRODUCT in the relevant country, as sold separately. If, in any country, any COMPONENT is not sold separately, NET SALES for royalty determination shall be determined by the formula [C / (C+D)], where C is the aggregate average fully absorbed cost of the Licensed Product components during the prior Royalty Period and D is the aggregate average fully absorbed cost of the other essential functional components during the prior Royalty Period, with such costs being determined in accordance with generally accepted accounting principles. To the extent that any SUBLICENSE INCOME relates to a COMBINATION PRODUCT or is otherwise calculated based on the value of one or more licenses or intellectual property rights held by the COMPANY, an AFFILIATE or SUBLICENSEE, COMPANY shall determine in good faith and report to THE PARTIES the share of such payments reasonably attributable to COMPANY’s or such AFFILIATE’s sublicense of the rights granted hereunder, based upon their relative importance and proprietary protection, which portion shall be the SUBLICENSE INCOME. THE PARTIES shall have the right to dispute such sharing determination in accordance with the dispute provisions of the AGREEMENT.

  • Combination Product The term “

  • Product NYISO will provide Energy Resource Interconnection Service and Capacity Resource Interconnection Service to Developer at the Point of Interconnection.

  • OPEN SOURCE COMPONENTS The DS Offerings may include open source components. Whenever notices (such as acknowledgment, copies of licenses or attribution notice) are required by the original licensor, such notices are included in the Documentation of the DS Offerings. Moreover, some open source components may not be distributed and licensed under the terms of the Agreement but under the terms of their original licenses as set forth in the Documentation of the DS Offerings themselves. Source code for open source software components is available upon request. Except for components mentioned in the section EXCLUSIONS below, the warranty and indemnification provided by DS under the Agreement apply to all open source software components and shall be provided by DS and not by the original licensor, but only for the use of the DS Offerings that is in compliance with the terms of the Agreement, and in conjunction with the DS Offerings. The original licensors of said open source software components provide them on an “as is” basis and without any liability whatsoever to Customer.

  • Additional Products Upon satisfying the minimum order requirements above, Enrolled Affiliate may order Additional Products.