Test Units Sample Clauses

Test Units. Company may install and use copies of the MS Binaries as part of an Image used solely to test Embedded Systems. Test units are limited to 100 copies of each Product. These copies may only be used in non-production environments on Company premises. No COAs are required for these copies, but the Embedded System must be clearly marked “Test Units – Not for Sale” (or the equivalent). There is no royalty owed to MS for these copies.
Sample 1Sample 2
AutoNDA by SimpleDocs
Test Units. Teletrac acknowledges that it has been supplied 10 test units and that it has tested these units and found them acceptable and conforming to the specifications and that the plastics and graphics are also acceptable. Teletrac confirms that Micronet may proceed with production units based on these test units. The test units shall be included in the count of Spare terminals as defined in Paragraph 5.2.
Sample 1
Test Units. TiVo shall provide (directly or indirectly ---------- through a Manufacturer) and AOL shall purchase up to * * * total (such total to include the number of development units purchased pursuant to Section 3.2(c)(iii) below) units of the various test versions of the Integrated Product and shall participate in the alpha, beta and other testing of the Integrated Product conducted by AOL. Such participation shall be pursuant to the various test plans and procedures established by AOL.
Sample 1
Test Units. STL will ship to United 10 test units of each of the ---------- Products ordered by United at least 2 weeks prior to shipping the first production run of such Products. United shall have the right to have these test units independently tested by United pursuant to a written protocol setting forth the testing procedure and results needed for acceptance, with such protocol to be agreed to by United and STL in writing prior to STL placing any orders for Products (the written protocols for the Products ordered pursuant to the Initial Order are attached hereto as Schedule 5.4). The test units to be evaluated by United shall be actual Production units of the Products taken directly off the assembly line, without special assembly or handling. United shall notify STL of any defects in the test units according to the protocol within ten working days after receiving the test units. In the event that one or more of the test units fail the applicable protocol for testing, STL shall have 30 days within which to submit another test unit for testing. In the event that the second test unit for any Product fails the test according to the protocol, United shall have the right to cancel that portion of the order relating to such Product (the "Canceled Product"). If the portion of the purchase order covered by the Canceled Product exceeds 20% percent of the purchase order, United shall have the right to declare STL in breach, cancel the entire purchase order and terminate this Agreement pursuant to Section 15.3 of this Agreement.
Sample 1
Test Units. In addition to Product purchased for purposes of creating a Marketed System, Buyer may purchase Product to be used internally by Buyer as test units. Such purchases shall be subject to the terms and conditions set forth herein, including the limited license grants. Further, Buyer shall track the location of all such units and report the same to EMC upon request.
Sample 1
Test Units. There are currently three Miami Subs/Xxxxxx Xxxxxxxx'x test units which are operating under letter agreements (attached as Exhibit A hereto). Upon termination or expiration of the test agreements, Xxxxxx Xxxxxxxx'x shall provide the owner/operator with the approved Xxxxxx Xxxxxxxx'x franchise agreement for use with this program. There will be no initial franchise fee charged. Following execution of the Franchise Agreement, the terms of this Agreement shall become effective.
Sample 1
Test Units. TiVo shall provide (directly or indirectly ---------- through a Manufacturer) and AOL shall have the right, but not the obligation, to purchase up to [*]total units of the TiVo Platform. At AOL's request, TiVo shall assist AOL in obtaining such units directly from the Manufacturer at production cost, which the Parties anticipate will be no more than [*]per unit. AOL and TiVo acknowledge and agree that AOL has purchased [*]total units as of the Effective Date. For each production run of development units provided to AOL directly by TiVo, TiVo shall provide documentation containing lists and descriptions of known errors and limitations for such production run.
Sample 1
AutoNDA by SimpleDocs

Related to Test Units

  • Units Interests in the Partnership shall be represented by Units. The Units initially are comprised of one Class: Class A Units. The General Partner may establish, from time to time in accordance with such procedures as the General Partner shall determine from time to time, other Classes, one or more series of any such Classes, or other Partnership securities with such designations, preferences, rights, powers and duties (which may be senior to existing Classes and series of Units or other Partnership securities), as shall be determined by the General Partner, including (i) the right to share in Profits and Losses or items thereof; (ii) the right to share in Partnership distributions; (iii) the rights upon dissolution and liquidation of the Partnership; (iv) whether, and the terms and conditions upon which, the Partnership may or shall be required to redeem the Units or other Partnership securities (including sinking fund provisions); (v) whether such Unit or other Partnership security is issued with the privilege of conversion or exchange and, if so, the terms and conditions of such conversion or exchange; (vi) the terms and conditions upon which each Unit or other Partnership security will be issued, evidenced by certificates and assigned or transferred; (vii) the method for determining the Total Percentage Interest as to such Units or other Partnership securities; and (viii) the right, if any, of the holder of each such Unit or other Partnership security to vote on Partnership matters, including matters relating to the relative designations, preferences, rights, powers and duties of such Units or other Partnership securities. Except as expressly provided in this Agreement to the contrary, any reference to “Units” shall include the Class A Units and any other Classes that may be established in accordance with this Agreement. All Units of a particular Class shall have identical rights in all respects as all other Units of such Class, except in each case as otherwise specified in this Agreement.

  • Common Units The capital structure of the Company shall consist of one class of common interests (the "Common Units"). The Company shall have authority to issue one thousand (1,000) Common Units. Each Common Unit shall have one vote and shall otherwise be identical with each other Common Unit in every respect.

  • Purchase or Sale of Partnership Securities The General Partner may cause the Partnership to purchase or otherwise acquire Partnership Securities; provided that, except as permitted pursuant to Section 4.10, the General Partner may not cause any Group Member to purchase Subordinated Units during the Subordination Period. As long as Partnership Securities are held by any Group Member, such Partnership Securities shall not be considered Outstanding for any purpose, except as otherwise provided herein. The General Partner or any Affiliate of the General Partner may also purchase or otherwise acquire and sell or otherwise dispose of Partnership Securities for its own account, subject to the provisions of Articles IV and X.

  • Partnership Units Each Partner shall own Partnership Units in the amounts set forth for such Partner in Exhibit A and shall have a Percentage Interest in the Partnership as set forth in Exhibit A, which Percentage Interest shall be adjusted in Exhibit A from time to time by the General Partner to the extent necessary to reflect accurately redemptions, additional Capital Contributions, the issuance of additional Partnership Units or similar events having an effect on the number of Partnership Units held by, and the Percentage Interest of, any Partner. Each Partnership Unit shall entitle the holder thereof to one vote on all matters on which the Partners (or any portion of the Partners) are entitled to vote under this Agreement.

  • Preferred Units Notwithstanding anything to the contrary, the provisions of Section 14.3 are not applicable to Preferred Units or the holders of Preferred Units. Holders of Preferred Units shall have no voting, approval or consent rights under this Article XIV. Voting, approval and consent rights of holders of Preferred Units shall be solely as provided for and set forth in Article XVI.

  • Membership Units The Company is initially organized with One (1) class of Membership Interests, designated in Units, which Units are initially the only class of equity in the Company. The Units shall have no par value and shall be of a single class with identical rights. The Company shall have a first lien on the Units of any Member for any debt or liability owed by such Member to the Company. Additional and different classes of Membership Interests represented by different Units may be created and issued to new or existing Members on such terms and conditions as the Governors may determine. Such additional and different classes may have different rights, powers and preferences (including, without limitation, voting rights and distribution preferences), which may be superior to those of existing Members. Members shall have no preemptive rights to acquire additional or newly created Units.

  • Class B Units Class B Unitholders shall not be entitled to vote in any matters relating to the Company, unless otherwise reserved to the Members by the Act. In addition to the other rights and obligations of Class B Unitholders hereunder, Class B Units shall entitle the holder of such Class B Units to (i) Tax Distributions pursuant to Section 4.01(b), and (ii) a preferred return equal to the Class B Preferred Return Amount. The Class B Preferred Return Amount shall not be required to be paid annually but shall accrue and become payable at the earlier of (x) the fifth (5th) anniversary of the Effective Time, or (y) a liquidation of, or a taxable sale of substantially all of the assets of, the Company. Upon the occurrence of an event referenced in clause (y) above, each Class B Unitholder shall also be paid such Class B Unitholder’s Class B Preferred Return Base Amount, in addition to all of the outstanding, accrued and unpaid Class B Preferred Return Amount. On the seventh (7th) anniversary of the Effective Time, each Class B Unitholder may, at its option and in accordance with the notice and other procedural provisions set forth in Section 11.01(a) (the “7 Year Put Option”), sell all (but not less than all) of its Class B Units to the Company for an amount equal to such Class B Unitholder’s Class B Preferred Return Base Amount plus any outstanding and accrued Class B Preferred Return Amount of such Class B Unitholder (the “Class B Option Consideration”) and, upon the exercise of the 7 Year Put Option by any Class B Unitholder, the Company shall purchase all of such holder’s Class B Units for the Class B Option Consideration. Notwithstanding anything herein to the contrary, no Class B Preferred Return Amount shall be due and payable with respect to such Class B Units pursuant this Section 3.02(b) at such time or times specified in this Section 3.02(b) unless such Class B Units remain issued and outstanding at such time or times and no Redemption or Direct Exchange of such Class B Units described in Article XI hereof has occurred.

  • Purchase or Sale of Partnership Interests The General Partner may cause the Partnership to purchase or otherwise acquire Partnership Interests or Derivative Partnership Interests. As long as Partnership Interests are held by any Group Member, such Partnership Interests shall not be considered Outstanding for any purpose, except as otherwise provided herein. The General Partner or any Affiliate of the General Partner may also purchase or otherwise acquire and sell or otherwise dispose of Partnership Interests for its own account, subject to the provisions of Articles IV and X.

  • Clearcutting Units All trees that meet Utilization Standards within “Clearcutting Units” are designated for cutting.

  • Class A Units If a Warrantholder exercises Warrants in connection with a tender offer for settlement prior to the First Regular Call Date, each Class A Unit called in connection with such exercise shall receive, in addition to principal and accrued interest, $1.50 per Class A Unit from the proceeds of the Warrant exercise. Class B Payments: If a Warrantholder exercises Warrants, then the Class B Units designated to be called in connection with such exercise shall receive the corresponding portion of the Class B Present Value Amount, adjusted for accrued Class B Payments on the Class B Units otherwise paid. If the Underlying Security Issuer redeems Underlying Securities and the previous paragraph does not apply, then the Class B Units designated for a redemption in connection with such redemption of Underlying Securities shall receive the amount with respect to the Class B Present Value Amount allocated for distribution in accordance with the applicable provisions of the Distribution Priorities below, paid as of the date of such redemption as an additional distribution.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!