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.
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.
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.”
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.
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.
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.
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.
Derivative Product. 3.20(d) DGCL........................................................................1.01
Derivative Product. Type of use of work commissioned for purposes other than its broadcast by the CBC