A Value Added Product definition

A Value Added Product means a product consisting of Data supplied to or taken by the Licensee hereunder in its supplied raw state, loaded onto databases, processed and reformatted with data, whether obtained from other sources or not, and/or analysed, so as to add value to the raw data, and so as to create derived information, for incorporation in products and services of the Licensee, before being supplied on to any customer or customers of the Licensee. PROVIDED ALWAYS, for the purposes of sub-clause (d) above, subject as hereinafter provided, the specification for the Data may be modified from time to time by the Registrar in such manner as she, the Registrar for the time being, shall consider reasonable having regard to her functions and duties under the Companies Act, and as provided for in the Regulations made, from time to time, by the Minister, but bearing in mind the interest of the Licensee hereunder and of the interests of all other Licensees under similar arrangements. Before implementing any modification as aforesaid, and whenever she, the Registrar, proposes to modify the specification, the Registrar shall first notify the Licensee in writing, and all other Licensees under similar Licences to this Licence as may be affected by such modification, that she proposes to modify the specification and the manner in which she proposes so to do, and the date, not being a date less than two calendar months thereafter, on which she proposes to implement the aforesaid modification to the specification. In the event that the Licensee considers that the Registrar is acting unreasonably, it shall, within the period of ten working days from the date of receipt of the said modification aforesaid from the Registrar, inform the Registrar in writing, that it considers that the Registrar is not acting reasonably in and about the making of the proposed modification to the specification, and the reason why it so considers that the Registrar is acting unreasonably; in the event that the Licensee does not serve any such Notice within the said period of ten working days as aforesaid, (and for this purpose time shall be of the essence), the Licensee shall be deemed not to have any objection to the proposed modification. In the event that some other Licensee holding under a like or similar Licence notifies the Registrar within the said period of ten working days that it objects to the said modification, and the reasons therefore, the Registrar shall so inform the Licensee of the said reasons...
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A Value Added Product means a product consisting of Data supplied to or taken by the Licensee hereunder in its supplied raw state, loaded onto databases, processed and reformatted with data, whether obtained from other sources or not, and/or analysed, so as to add value to the raw data, and so as to create derived information, for incorporation in products and services of the Licensee, before being supplied on to any customer or customers of the Licensee.
Sample 1

Related to A Value Added Product

  • Mercury-added product means a product or product component that contains mercury or a mercury compound that was intentionally added;

  • Roll-on product means any antiperspirant or deodorant that dispenses active ingredients by rolling a wetted ball or wetted cylinder on the affected area.

  • Net Sales means [***].

  • Hemp products means all products made from industrial hemp,

  • Licensed Product means a product, method or service in the Licensed Field of Use, the making, having made, using, importing or selling of which, absent this license, infringes, induces infringement, or contributes to infringement of a Licensed Patent.

  • Aerosol coating product means a pressurized coating product containing pigments or resins that dispenses product ingredients by means of a propellant, and is packaged in a disposable can for hand-held application, or for use in specialized equipment for ground traffic/marking applications.

  • Tobacco product means any substance containing tobacco leaf, including but not limited to, cigarettes, cigars, pipe tobacco, hookah tobacco, snuff, chewing tobacco, dipping tobacco, bidis, blunts, clove cigarettes, or any other preparation of tobacco; and any product or formulation of matter containing biologically active amounts of nicotine that is manufactured, sold, offered for sale, or otherwise distributed with the expectation that the product or matter will be introduced into the human body by inhalation; but does not include any cessation product specifically approved by the U.S. Food and Drug Administration for use in treating nicotine or tobacco dependence.

  • Domestic end product as used in this clause, means, (1) an unmanufactured end product mined or produced in the United States, or (2) an end product manufactured in the United States, if the cost of its components mined, produced, or manufactured in the United States, exceeds 50 percent of the cost of all its components. Components of foreign origin of the same class or kind as the products referred to in paragraphs (b)(2) or (3) of this clause shall be treated as domestic. Scrap generated, collected, and prepared for processing in the United States is considered domestic.

  • Existing Product means any formulation of the same product category and form sold, supplied, manufactured, or offered for sale in California prior to the following dates, or any subsequently introduced identical formulation:

  • Back Ordered Products If product is not expected to ship within the time provided to the TIPS Member by the Vendor, the Member is to be notified within 3 business days and appropriate action taken based on customer request. The TIPS Vendor Agreement Signature Page is inserted here.

  • Anti-Static Product means a product that is labeled to eliminate, prevent, or inhibit the accumulation of static electricity. “Anti-Static Product” does not include “Electronic Cleaner,” “Floor Polish or Wax,” “Floor Coating,” and products that meet the definition of “Aerosol Coating Product” or “Architectural Coating.”