Low End Product Sample Clauses

Low End Product. In the event a third party introduces into the stream of commerce a shoe or similar product intended to be used for grinding, which does not infringe the Intellectual Property, and which is targeted to the retail footwear (or comparable) market at a retail price point equal to or less than $50.00, and Licensee, at its option, decides to introduce into the stream of commerce a similar non-infringing shoe or other product (each, a "Low End Product") for the purpose of competing with said competing grinding product, anything contained herein to the contrary notwithstanding and in lieu of any other royalty payments contained herein, Licensor shall be entitled to a royalty of $1.00 for each pair of Low End Product or such lesser amount as may be mutually agreed upon by the Parties.
Sample 1
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Low End Product. In the event a third party introduces into the stream of commerce a shoe or similar product intended to be used for grinding, which does not infringe the Intellectual Property, and which is targeted to the retail footwear (or comparable) market at a retail price point equal to or less than $50.00, and Licensee, at its option, decides to introduce into the stream of commerce a similar non-infringing shoe or other product (each, a "Low End Product") for the purpose of competing with said competing grinding product, anything contained herein to the contrary notwithstanding. Licensor shall be entitled to a royalty of $1.00 for each pair of Low End Product or such lesser amount as may be mutually agreed upon by the Parties.
Sample 1

Related to Low End Product

  • Product The term “

  • Licensed Product “Licensed Product” shall mean any article, composition, apparatus, substance, chemical material, method, process or service whose manufacture, use, or sale is covered or claimed by a Valid Claim within the Patent Rights. For clarity, a “Licensed Product” shall not include other product or material that (a) is used in combination with Licensed Product, and (b) does not constitute an article, composition, apparatus, substance, chemical material, method, process or service whose manufacture, use, or sale is covered or claimed by a Valid Claim within the Patent Rights.

  • New Products You agree to comply with NASD Notice to Members 5-26 recommending best practices for reviewing new products.

  • Licensed Products Lessee will obtain no title to Licensed Products which will at all times remain the property of the owner of the Licensed Products. A license from the owner may be required and it is Lessee's responsibility to obtain any required license before the use of the Licensed Products. Lessee agrees to treat the Licensed Products as confidential information of the owner, to observe all copyright restrictions, and not to reproduce or sell the Licensed Products.

  • Competing Products The provisions of Section 21 are set forth on attached Exhibit H and are incorporated in this Section 21 by this reference.

  • Company Products Schedule 2.10(d) of the Company Disclosure Letter lists all Company Products, and for each such product or feature (and each version thereof) identifying its release date.

  • Products 1.1. The information (including but not limited to the quantity, rated hashrate, unit price (“Unit Price”), total price for one item (“Total Price (One Item)”), total price for all the items (“Total Purchase Price”) of Products to be purchased by Party B from Party A is as follows (“Products”):

  • API A. Reliant shall supply to Cardinal Health for Manufacturing and Packaging, at Reliant’s sole cost, the API and applicable reference standards in quantities sufficient to meet Reliant’s requirements for each Product as further set forth in Article 4. Prior to delivery of any of the API or reference standard to Cardinal Health for Manufacturing and Packaging, Reliant shall provide to Cardinal Health a copy of the API Material Safety Data Sheet (“MSDS”), as amended, and any subsequent revisions thereto. Reliant shall supply the API, reference standards, and Certificate of Analysis FOB the Facility no later than thirty (30) days before the scheduled Manufacture Date upon which such API will be used by Cardinal Health. Upon receipt of the API, Cardinal Health shall conduct identification testing of the API. Cardinal Health shall use the API solely and exclusively for Manufacturing and Packaging under this Agreement. The maximum volume of API that Reliant supplies to Cardinal Health shall not exceed the amount reflected in the Firm Commitment and the next six (6) months of the Rolling Forecast.

  • Product Supply 5.2.1 HEMISPHERX undertakes and agrees to supply to IMPATIENTS on an exclusive basis, IMPATIENTS’ requirements of Product ordered in accordance with the terms of this Agreement, for distribution and sale in the Territory, limited to EAP use of Product in accordance with Early Access Approvals.

  • Combination Product The term “

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