Product Designs. Customer (and, if applicable, its third-party licensors) will retain sole and exclusive ownership of the Product Designs, including all associated software and materials and any improvements or modifications thereto. Manufacturer is authorized to use the Product Designs, and any other materials furnished to Manufacturer by or on behalf of Customer, solely for the purpose of performing services and manufacturing Products for Customer in accordance with this Agreement. Manufacturer shall make no other use of the Product Designs.
Product Designs. LICENSOR agrees to furnish conceptual product designs, if requested, for the initial product line all subsequent variations and extensions at no charge to LICENSEE. In addition, if requested, LICENSOR will assist in the design of packaging, point-of-purchase material, displays, etc. at no charge to LICENSEE. However, costs for finished art, photography, typography, mechanical preparation, etc. will be borne by LICENSEE.
Product Designs. Buyer and its Affiliates may grant a sublicense under all or any portion of the license rights granted to Buyer or its Affiliates under Section 3.3(a) at any time to a third party in connection with the manufacture of any products by or for Buyer or in connection with the licensing by Buyer of its product designs or Transferred Technology.
Product Designs. The most common product designs include:
Product Designs. (i)The most common product designs include: Fixed rate, fixed maturity GICs. Evergreen products that provide for the periodic interest rate reset applicable the unallocated amounts held under the contract. Indexed products that guarantee a return of a specified index. Products that guarantee a minimum return, such as the return of principal. Immediate participation guarantee type arrangements fund fixed annuity benefits for retirees through a market value separate account. Often used to provide guaranteed annuities for participants in plan termination or other settlement situations.
Product Designs. The Seller acknowledges that the Product Designs have been developed by the Seller (either alone or in collaboration with customers of the Business) and that the Buyer intends to continue the use of the Products Designs in its operation of the Business after the Effective Time. As a material inducement to the Buyer’s performance under this Agreement, the Seller covenants and warrants that products manufactured by the Buyer after the Effective Time according to and in compliance with the Product Designs and other applicable safety and design standards, without material deviation from the Product Design or the type of the Company’s past exploitation of the product, will not solely on account of such Product Designs contain any defects (patent or latent) or create any dangerous condition through intended use. Notwithstanding anything in this Section 5.4 to the contrary, the covenants and warranties in this Section 5.4 shall not apply to any product manufactured by the Buyer after the Effective Time to the extent (i) such product was not manufactured according to and in compliance with the applicable Product Design, and other applicable safety or design standards without material deviation therefrom or from the type of exploitation of such products by Seller in the past, or (ii) any defect or dangerous condition in such product is due to the Buyer’s acts or omissions in manufacturing the product.
Product Designs. Licensee shall not produce or sell any Product unless LS&CO. approves of the design and the collection under this Section 5. Licensee shall produce two collections per Annual Period, for the Spring/Summer and Fall/Winter seasons and not less than fifteen (15) Styles for each collection. (For purposes of this Section 5, a "
Product Designs. All right, title and interest of Seller in and to the Product Designs and the custom analog cells identified on Schedule 2.1(a) that are used exclusively in the Products;
Product Designs
