KDS Micronizing Machine definition

KDS Micronizing Machine means that micronizing and dewatering machine created by Licensor as it exists at the date of execution of this Agreement, utilising the Licensor' s Technology, the specifications of which are described in Annex B hereto and shall include any and all improvements thereto from time to time,
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KDS Micronizing Machine means that micronizing machine as it exists at the date of execution of the Agreement.
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Examples of KDS Micronizing Machine in a sentence

  • In the event Licensee receives any inquiry from any third party in respect of the KDS Micronizing Machine from outside the Territory, Licensee shall refer such to Licensor.

  • In the event Licensor receives any inquiry from any third party in respect of the KDS Micronizing Machine from within the Territory, Licensor shall refer such to Licensee.

  • Licensee further agrees to pay to Licensor within thirty (30) days the royalty fees described above computed from the date of delivery of the KDS Micronizing Machine.

  • Licensee agrees to keep all technical information, drawings, specifications, manufacturing instruction, and other information relating to Licensor’s Technology, as strictly confidential according Article 9 hereof and will provide copies to the Licensor of all information, documents, drawings, programs, instructions and specifications regarding improvements, design changes and advancements made to the KDS Micronizing Machine by the Licensee upon request.

  • For the avoidance of doubt, Licensor shall not be entitled to any royalty fee in respect of the sale of the first KDS Micronizing Machine to Licensee pursuant to Clause 2.2 above.

  • Licensee is desirous of profiting by using the Licensor's information and data with regard to Licensor's Technology which is the subject matter of the Patents and of securing an exclusive license from the Licensor to use the Licensor's Technology for the sale and use of the KDS Micronizing Machine in Malaysia to be used in various industries, including but not limited to, the palm oil industry for dewatering and disintegrating (micronization) of palm waste products.

  • In the event that any improvements to KDS Micronizing Machine are made or discovered as a result of the Licensee’s work, the Licensee shall inform such improvements in writing to the Licensor, then said improvements will become the property of the Licensor, and form part of the Licensor’s Technology which is licensed herein.

  • Licensee is desirous of profiting by using Licensor’s Technology which is the subject matter of the Patents and of securing an exclusive license from the Licensor to use the Licensor’s Technology for the manufacture, sale and use of the KDS Micronizing Machine in Korea to be used in any industry.

  • In the event that any improvements to KDS Micronizing Machine are made or discovered as a result of the Licensee’s or Guarantor’s work, the Licensee shall inform such improvements in writing to the Licensor, then said improvements will become the property of the Licensor, and form part of the Licensor’s Technology which is licensed herein.

  • Licensee further agrees to pay to Licensor within thirty (30) days the royalty fees described in Clause 5.1 above computed from the date of delivery of the KDS Micronizing Machine.

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