Industrial Party. As to [Industrial Party], it is agreed between the Parties that, to the best of their knowledge (please choose) Option 1: The following Background is hereby identified and agreed upon for the Project. Specific limitations and/or conditions, shall be as mentioned hereunder: Describe Background Specific limitations and/or conditions for implementation of the Project; Specific limitations and/or conditions for exploitation of the Foreground Option 2: No Background of [Industrial Party X] shall be needed by another Party for implementation of the Project or exploitation of that other Party’s Foreground. This represents the status at the time of signature of this Consortium Agreement.
Appears in 8 contracts
Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement
