Anti-Stacking definition

Anti-Stacking means that if (a) Company becomes obligated to pay royalties to third parties for technology necessary to develop or manufacture a Licensed Product and (b) the aggregate royalty rate owed by Company to all parties (including Cornell) to develop and manufacture the Licensed Product exceeds 150% of the Royalty Rate, then the Royalty Rate applicable to Cornell under this Agreement for such Licensed Product will be reduced pro rata if, and only if, all third party royalty rates are also reduced (during the time period when such third party royalties are due) pro rata, based on the respective applicable royalty rates for each such license, subject to the royalty floor specified in the definition of Royalty Rate in this Glossary.
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Anti-Stacking means that if (a) Company becomes obligated to pay royalties to third parties for technology necessary to develop or manufacture a Licensed Product and (b) the aggregate royalty rate owed by Company to all parties (including Cornell) to develop and manufacture the Licensed Product exceeds 150% of the Royalty Rate, then the royalty rate applicable to Cornell under this Agreement for such Licensed Product will be reduced pro rata if and only if, all third party royalty rates are also reduced pro rata. In no event, however, will the Royalty Rate applicable to Cornell under this Agreement for a Licensed Product be reduced to less than 50% of the Royalty Rate selected by Company in Item L. A reduction of the Royalty Rate for one Licensed Product will not affect the Royalty Rate for another Licensed Product.
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Examples of Anti-Stacking in a sentence

  • Select only one box: 2% of Net Sales without Anti-Stacking 3% of Net Sales with Anti-Stacking Select only one box: Pass through royalty, then 15% of other Sublicense Income Company receives No pass through royalty, then 25% of all Sublicense Income Company receives Pass through royalty means the same royalty rate selected in Item L will apply to all Net Sales for which a sublicensee of Company is the seller when computing the royalty due to Cornell.

  • Thank you,Form Schedule Item ChangesItem No.Form NameForm NumberEdition DateForm TypeForm ActionAction Specific DataReadability Score Attachments Submitted1ANTI- STACKING LIMITATIONSA 00045 0003/18ENDNew SA 00045 00(03-18) - Anti-Stacking Limitiation Endorsement - Business A..pdfDate Submitted: 03/15/2018By:Sherri Penn Changed Items: No Rate Schedule Items Changed.

  • Enforceability of Set-Off and Anti-Stacking Provisions Under Ohio Law Under Ohio law, UIM coverage is not excess coverage to other applicable liability coverage, and the policy limits of the UIM coverage must “be reduced by those amounts available for payment under all applicable bodily injury liability bonds and insurance policies covering persons liable to the insured.” OHIO REV.

  • Subject to the Anti-Stacking Provision (Reg 8.4) any Eligible Player may play up to two (2) games each Regular Round per competition section.

  • Any shares of Buyer Common Stock delivered as part of the Additional Payment shall be valued at the Average Buyer Trading Price determined as of the Determination Date.

  • Refer to the Anti-Stacking Regulation (8.4) which advises the conditions and restrictions of the use of this regulation.

  • For the benefit of clarity, the Parties agree that the definition or calculation of Net Sales contained in any Sublicense Agreement shall be entitled the [***] set forth in Section 1b and Royalty Anti-Stacking Adjustment set forth in Section 4b(iii)(B) hereof.

  • In the event that other valid and collectible insurance is provided by us to the Insured then our liability hereunder shall be reduced by the amount payable under such other policy.This does not change the conditions set by Anti-Stacking Clause that governs the application of limits and coverage under this policy.

  • Your Protection For Injuries Caused By Uninsured And Hit And Run Motorists Definitions 11 Losses We Pay 12 Exclusions: When Section IV Does Not Apply 12 Limits Of Liability 13 Anti-Stacking 13 Other Insurance 13 Arbitration.

  • Customer service calls decrease and customers are overall more satisfied when phone parking is introduced.

Related to Anti-Stacking

  • Stacking (or “Stackable”) means the application of more than one of the same Subscription to account for additional capacity.

  • Polystyrene foam adhesive means an aerosol adhesive designed to bond polystyrene foam to substrates.

  • Anabolic steroid means any drug or hormonal substance, chemically and pharmacologically related

  • Membrane filtration means a pressure or vacuum driven separation process in which particulate matter larger than one micrometer is rejected by an engineered barrier, primarily through a size exclusion mechanism, and which has a measurable removal efficiency of a target organism that can be verified through the application of a direct integrity test. This definition includes the common membrane technologies of microfiltration, ultrafiltration, nanofiltration, and reverse osmosis.

  • Alcohol Screening Device (ASD) means a breath or saliva device, other than an Evidential Breath Testing Device (EBT), that is approved by the National Highway Traffic Safety Administration and placed on its Conforming Products List for such devices.

  • Cannabis means all parts of the plant Cannabis sativa Linnaeus, Cannabis indica, or Cannabis ruderalis, whether growing or not; the seeds thereof; the resin, whether crude or purified, extracted from any part of the plant; and every compound, manufacture, salt, derivative, mixture, or preparation of the plant, its seeds, or resin. “Cannabis” also means the separated resin, whether crude or purified, obtained from cannabis. “Cannabis” does not include the mature stalks of the plant, fiber produced from the stalks, oil or cake made from the seeds of the plant, any other compound, manufacture, salt, derivative, mixture, or preparation of the mature stalks (except the resin extracted therefrom), fiber, oil, or cake, or the sterilized seed of the plant which is incapable of germination. For the purpose of this division, “cannabis” does not mean “industrial hemp” as defined by Section 11018.5 of the Health and Safety Code. Cannabis and the term “marijuana” may be used interchangeably.

  • Propagation means the reproduction of Medical Marijuana plants by seeds, cuttings or grafting.

  • Exfiltration means any unauthorized release of data from within an information system. This includes copying the data through covert network channels or the copying of data to unauthorized media.

  • Red Hat Products means Software, Services, Subscriptions and other Red Hat branded offerings made available by Red Hat.

  • Cannabis products means cannabis that has undergone a process whereby the plant material has been transformed into a concentrate, including, but not limited to, concentrated cannabis, or an edible or topical product containing cannabis or concentrated cannabis and other ingredients.

  • Marijuana products means concentrated marijuana products and marijuana products that are comprised of marijuana and other ingredients and are intended for use or consumption, such as, but not limited to, edible products, ointments, and tinctures.

  • High voltage bus means the electrical circuit, including the coupling system for charging the REESS, that operates on a high voltage.

  • Web spray adhesive means any aerosol adhesive that is not a mist spray or special purpose spray adhesive.

  • Stack means any point in a source designed to emit solids, liquids, or gases into the air, including a pipe or duct but not including flares.

  • COVID-19 symptoms means fever of 100.4 degrees Fahrenheit or higher, chills, cough, shortness of breath or difficulty breathing, fatigue, muscle or body aches, headache, new loss of taste or smell, sore throat, congestion or runny nose, nausea or vomiting, or diarrhea, unless a licensed health care professional determines the person’s symptoms were caused by a known condition other than COVID-19.

  • Sewage sludge weight means the weight of sewage sludge, in dry U.S. tons, including admixtures such as liming materials or bulking agents. Monitoring frequencies for sewage sludge parameters are based on the reported sludge weight generated in a calendar year (use the most recent calendar year data when the NPDES permit is up for renewal).

  • Transient merchant means any person who engages in a temporary or itinerant merchandising business and in the course of such business hires, leases or occupies any building or structure whatsoever, or who operates out of a vehicle which is parked anywhere within the City limits. Temporary association with a local merchant, dealer, trader or auctioneer, or conduct of such transient business in connection with, as a part of, or in the name of any local merchant, dealer, trader or auctioneer does not exempt any person from being considered a transient merchant.

  • Infiltration means water other than wastewater that enters a sewer system (including sewer system and foundation drains) from the ground through such means as defective pipes, pipe joints, connections, or manholes. Infiltration does not include, and is distinguished from, inflow.

  • Cannabinoid extract means a substance obtained by separating cannabinoids from marijuana by:

  • Blasting means the use of explosive materials to fracture:

  • Filtration means a process for removing particulate matter from water by passage through porous media.

  • Antipsychotic medications means that class of drugs

  • Common Channel Signaling (CCS means an out-of-band, packet-switched, signaling network used to transport supervision signals, control signals, and data messages. It is a special network, fully separate from the transmission path of the public switched network. Unless otherwise agreed by the Parties, the CCS protocol used by the Parties shall be SS7.

  • IC means Israel Corporation Ltd., an Israeli corporation traded on the Tel Aviv Stock Exchange, or the “TASE,” and Kenon’s former parent company;

  • Polystyrene foam means blown polystyrene and expanded and

  • Weapons means an instrument or device of any kind that is used or designed to be used to inflict harm including, but not limited to, rifles, handguns, shotguns, antique fire- arms, knives, swords, bows and arrows, BB guns, pellet guns, air rifles, electronic or other stun devices, or fighting imple- ments.