Covol Parties definition

Covol Parties has the meaning set forth in the preamble.
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Covol Parties means Covol and ASF.
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Examples of Covol Parties in a sentence

  • In no event shall the Covol Parties enter into any agreement or settlement inconsistent with the terms of this Agreement.

  • If during the term of this Agreement a third party has infringed any intellectual property rights associated with the Coal Fuel Technology or otherwise misappropriated any Coal Fuel Technology, the Covol Parties shall, at their expense, institute and conduct legal actions against such third party or to enter into such agreements or accord in settlement as are deemed appropriate by the Covol Parties.

  • Subject to the terms and conditions of this Agreement, the Covol Parties hereby grant and guarantee to PSF a license to use the Coal Fuel Technology at the Facility for Commercial Use, including a license to make, have made, use and sell or otherwise transfer products that embody, use or have been developed or manufactured with the Coal Fuel Technology.

  • PSF shall have the right to join the Covol Parties as plaintiffs in the prosecution of any infringement or misappropriation action affecting the Facility, provided that PSF shall bear up to fifty percent (50%) of all the costs and expenses of the action.

  • The Covol Parties agree to use reasonable efforts to cooperate with PFS and PSF in marketing, selling or otherwise transferring the Facility.

  • The Covol Parties hereby grant to PSF a license (such license to become exclusive in accordance with Section 2.1 hereof) to utilize the Improvements made by it for Commercial Use, including to make, have made, use, and sell or otherwise transfer products that utilize any such Improvements subject to the terms of this Agreement.

  • Covol and ASF (collectively, the "Covol Parties") and PSF are among the parties to that Settlement Agreement and Mutual Release and related agreements (collectively, the "Transaction Documents"), dated this same date, pursuant to which, among other things, PSF and the Covol Parties have terminated the Original Agreement and are entering into this Agreement.

  • The Covol Parties represent and warrant that (i) the proprietary binder sold to PSF shall not be a hazardous material under, and delivery shall comply with, applicable environmental laws and regulations; and (ii) subject to the selection of suitable feedstock, application of the Coal Fuel Technology in the Facility will result in a chemical change similar in all material respects to the chemical change described in the IRS letter ruling received by the Covol Parties, dated September 8, 1995.

  • If PSF and the Covol Parties have jointly conducted an infringement or misappropriation action, any sums recovered from the third party shall be distributed to PSF and the Covol Parties in accordance with the percentage of the costs and expenses borne by each, after each party has been reimbursed for costs and expenses incurred by it in prosecuting such action.

  • All rights to any jointly developed Improvements shall be subject to the terms and conditions of a separate written agreement between PSF and the Covol Parties entered into prior to undertaking any joint development.

Related to Covol Parties

  • Local Parties shall be defined as the Board or the local OSSTF/FEESO bargaining unit party to a collective agreement.

  • Note Parties means, collectively, the Issuer and each Guarantor.

  • Financing Parties means Parties financing the Project, pursuant to Financing Documents.

  • Investor Parties has the meaning set forth in the Preamble.

  • Backstop Parties means those parties that agree to backstop the Rights Offering pursuant to the Backstop Commitment Letter, each in its respective capacity as such.

  • Selling Parties shall have the meaning specified in the preamble.

  • Contracting Parties has the meaning set forth in Section 9.14.

  • Transaction Parties As defined in Section 5.3(o).

  • DIP Agents means the DIP ABL Agent and the DIP Term Loan Agent.

  • CUSA means Citicorp USA, Inc.

  • Prepetition Secured Parties means the “Secured Parties” under, and as defined in, the Prepetition Credit Agreement, in each case as amended, modified or supplemented through the Petition Date.

  • Covered Parties has the meaning set forth in Section 6.7(a).

  • Bank Parties means Administrative Agent and the Banks.

  • Party/Parties means Buyer and Seller individually/collectively.

  • Canadian Secured Parties means the Canadian Administrative Agent, the Canadian Facility Lenders, and the Banking Services Providers and Swap Counterparties who are owed any Canadian Secured Obligations.

  • Licensee Parties has the meaning ascribed to such term in Section 5.1.

  • U.S. Loan Parties means the U.S. Borrowers and the U.S. Guarantors.

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • Creditor Parties means, collectively, the Administrative Agent, the Lenders, the L/C Issuers, the Swap Banks, and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other Persons to whom the Obligations are owing.

  • Finance Parties means the Facility Agent, the Arrangers, the Bookrunners, the Security Trustee, the Lenders, the holders of any Senior Secured Notes and the trustees and/or agents in respect of any Senior Secured Notes and “Finance Party” means any of them.

  • Second Lien Secured Parties means, at any relevant time, the holders of Second Lien Obligations at such time, including without limitation the Second Lien Lenders and the agents under the Second Lien Credit Agreement.

  • Warrantors means the Founders, the Founder Holdcos and the Group Companies.

  • Placement Agents shall have the meaning set forth in the preamble.

  • Parent Representatives has the meaning set forth in Section 5.2(a).

  • ABL Secured Parties means the ABL Representative, the ABL Creditors and any other holders of the ABL Obligations.

  • Parties has the meaning set forth in the Preamble.