The SME Sample Clauses

The SME. Small and medium enterprises are characterised by having management teams who are close to the technology being developed, and are accessible to the researchers directly. They are far less risk-averse than their big corporate counterparts, but will generally be looking for external investment or capital in order to invest in a new venture. SMEs may have some of their own researchers, but will also be looking to collaborate with researchers in academia or research centres to identify IPR that could be turned into a product. They need to make a profit, otherwise they will go out of business, but they can be more flexible than a large corporation, and with a lower cost base they can afford to work within a more specialised market place. This is not to say that exploitation by an SME is a guaranteed route to market. Whilst they are certainly more prepared and interested to collaborate with IP owners, and are more amenable to supporting knowledge transfer initiatives with academic groups, there can be obstacles to an effective relationship. The typical SME is working in a tough business environment, where sales of existing products inevitably take precedence over new product development. Very often the relationship with researchers is seen as an interesting but non-core activity, and so fruitful engagement with SME management can suffer when immediate commercial demands take precedence. There is also the very real risk that an SME will change its nature mid-course. Either through re-capitalisation or sale to a larger organisation, control of the SME can change from a technical to an economic focus, in which existing product lines are developed and research relationships are abandoned by a new and more financially driven management. Thus the very process of securing funding to invest in bringing IP to market can bring an SME to the point where they cannot go all the way to market, and a very well thought-through costed business plan is an essential part of preparing for a new product development.
Sample 1
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Related to The SME

  • The S E.A faculty representative may hold a meeting during non-contract time for the purpose of Association business. Attendance at any S.E.A. faculty meeting shall be strictly voluntary. The S.E.A. faculty representative or his/her designee shall chair this meeting.

  • The U S. Borrower from time to time agrees to pay (i) to each Lender (other than any Defaulting Lender), through the Administrative Agent, three Business Days after the last day of March, June, September and December of each year and three Business Days after the date on which the Commitments of all the Lenders shall be terminated as provided herein, a fee (an “L/C Participation Fee”) on such Lender’s Revolving Facility Percentage of the daily aggregate Revolving L/C Exposure (excluding the portion thereof attributable to unreimbursed L/C Disbursements), during the preceding quarter (or shorter period ending with the applicable Maturity Date or the date on which the Revolving Facility Commitments shall be terminated) at the rate per annum equal to the Applicable Margin for Eurocurrency Revolving Borrowings effective for each day in such period and (ii) to each Issuing Bank, for its own account, (x) three Business Days after the last day of March, June, September and December of each year and three Business Days after the date on which the Revolving Facility Commitments of all the Lenders shall be terminated as provided herein, a fronting fee in respect of each Letter of Credit issued by such Issuing Bank for the period from and including the date of issuance of such Letter of Credit to and including the termination of such Letter of Credit, computed at a rate equal to the U.S. Dollar Equivalent of 0.125% per annum of the daily average stated amount of such Letter of Credit (or as otherwise agreed with such Issuing Bank), plus (y) in connection with the issuance, amendment or transfer of any such Letter of Credit or any L/C Disbursement thereunder, such Issuing Bank’s customary documentary and processing fees and charges (collectively, “Issuing Bank Fees”). All L/C Participation Fees and Issuing Bank Fees are payable in U.S. Dollars and shall be computed on the basis of the actual number of days elapsed in a year of 360 days.

  • The P C. agrees to conduct the Practice in compliance with all applicable laws, rules and ordinances.

  • The Crown Re: Class Size Data For the school years 2020-21 and 2021-22, the Ministry of Education will provide the Parties with the data related to class size for the October and March count dates, when it becomes available. School Boards shall provide to each local a copy of the class size data as submitted to the Ministry of Education as of the September count date in each school year. LETTER OF AGREEMENT #9 BETWEEN The Elementary Teachers’ Federation of Ontario (hereinafter called the ‘ETFO’) AND The Ontario Public School Boards’ Association (hereinafter called ‘OPSBA’) AND The Crown

  • Compliance with this Agreement The Purchaser shall have performed and complied with all of its agreements and conditions set forth or contemplated herein that are required to be performed or complied with by the Purchaser on or before the Closing Date.

  • Good Faith and Fair Dealing The Parties agree to act in accordance with the principles of good faith and fair dealing in the performance of the Agreement.

  • Right to Have Xxxxxxx Present (a) An employee shall have the right to have their xxxxxxx present at any discussion with supervisory personnel which the employee believes might be the basis of disciplinary action. Where a supervisor intends to interview an employee for disciplinary purposes, the supervisor shall make every effort to notify the employee in advance of the purpose of the interview in order that the employee may contact their xxxxxxx, providing that this does not result in an undue delay of the appropriate action being taken. This clause shall not apply to those discussions that are of an operational nature and do not involve disciplinary action.

  • Right to Have a Xxxxxxx Present (a) An Employee shall have the right to have his/her xxxxxxx present at any discussion with supervisory personnel which the Employee believes might be the basis of disciplinary action. Where a supervisor intends to interview an Employee for disciplinary purposes the supervisor shall make every effort to notify the Employee in advance of the purpose of the interview in order that the Employee may contact his/her xxxxxxx, providing that this does not result in an undue delay of the appropriate action being taken.

  • THE ACADEMY 2.1 The Company will establish and maintain, and carry on or provide for the carrying on of the Academy in accordance with the Master Agreement and this Agreement.

  • Placement of RDDS probes Probes for measuring RDDS parameters shall be placed inside the networks with the most users across the different geographic regions; care shall be taken not to deploy probes behind high propagation-­‐delay links, such as satellite links.

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