NECI Products definition
Examples of NECI Products in a sentence
Notwithstanding any other provision of this Agreement or the Confidentiality Agreement, at all times during the term of this Agreement and after the termination of this Agreement, unless agreed otherwise in writing by both parties (a) Tekno shall have no ownership interest in any of the NECI Products and (b) NECI shall have no ownership interest in any of the Tekno Products.
NECI shall be responsible for all costs associated with the maintenance and repair of NECI Products.
NECI shall be responsible for establishing all pricing for NECI Products.
In respect to the joint marketing and sales activities further described in this Agreement, (a) Tekno grants to NECI a limited, non-exclusive, nontransferable license to use the trademarks and trade names associated with the Tekno Products and (b) NECI grants to Tekno a limited, non-exclusive, nontransferable license to use the trademarks and trade names associated with the NECI Products.
NECI shall be responsible for the on time delivery, operational performance, product quality, and ongoing customer product support in respect of NECI Products.
All revenue generated from the sale of NECI Products shall be paid to NECI.
Quoting and billing for NECI Products and the collection of revenues will be the sole responsibility of NECI.
For all customers who purchase NECI Products, NECI will be the primary contact for all product support calls.