GE Technology definition

GE Technology means all Technology that is owned by GE, Altair U.S. or any of the Sellers, other than the Business Owned Technology.

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GE Technology means all hardware, software, services, information, technology, know-how, ideas, techniques, processes, documentation, works of authorship, inventions, and materials supplied, created, conceived or developed by or on behalf of GED or its Affiliates or used to provide the Alliance Community.

GE Technology means (i) all Technology that is (A) owned by, or licensed by a third party to, GE or any of its Subsidiaries (other than any NBCU Entity), (B) used, held for use or Contemplated to be used by GE or any of its Subsidiaries (other than any NBCU Entity), and (C) not used, held for use or Contemplated to be used, in each case, primarily in the NBCU Businesses, and (ii) the Technology set forth in Section 1.01 of the NBCU Disclosure Letter.

Examples of GE Technology in a sentence

• Without limiting the foregoing, as between the parties, GED and its Affiliates own all right, title and interest in and to the GE Technology and GE IP Rights.

• Bank grants to Retailers a non-exclusive, royalty-free, fully paid up, non-assignable, non-sublicensable, worldwide right and license to use the GE Technology, GE Owned Modifications and the GE Created Technology in Object Code to the extent necessary or convenient to comply with the licensee’s obligations under the Agreement.

• This Exhibit A is effective as of November __, 2023 (“Exhibit A Effective Date”) and is made a part of the Master Services Agreement (“Agreement”) between GE Technology Develoment, Inc.

• If such GE Intellectual Property or GE Technology was being used in the Business on the Closing Date, it shall thereupon become subject to the terms set forth in the Intellectual Property License Agreement.

• In the event that either GE Technology Development or the JV Company fails to comply with any material term or condition of the agreement, then the other party shall have the right to terminate the agreement upon prior written notice.

• The JV Company is a limited liability company to be established under the laws of the PRC which is expected to be owned as to 85.71% by ▇▇▇▇▇▇▇ ▇▇▇▇ and 14.29% by GE Technology Development.

• After the establishment of the JV Company, GE Technology Development will become a connected person of the Company according to Rule 14A.07(1) of the Listing Rules.

• GE Technology Development is principally engaged in the control and licensing of certain General Electric Company patents and technology.

• In consideration for the Technology Transfer and the licenses granted, the JV Company will pay GE Technology Development a one-time, non-refundable lump sum payment in the amount of USD14,000,000 upon execution of the Technology Transfer and License Agreement, upon formation of the JV Company and upon receipt of invoice from GE Technology Development.

• The term of the Technology Transfer and License Agreement shall begin on the date of the agreement and, unless earlier terminated or upon the mutual agreement of the GE Technology Development and the JV Company shall continue for ten years or as long as the JV Company is (i) paying Exclusivity Payments or (ii) producing the JV Products (the ‘‘Term’’).

More Definitions of GE Technology

GE Technology means (i) the GE Services; (ii) the documentation and training materials for GE Services; (iii) all hardware, software, services, information, technology, know-how, ideas, techniques, processes, documentation, works of authorship, inventions, and materials supplied, created, conceived or developed by or on behalf of GED or its Affiliates or used to provide the Platform Services.