New Opportunity definition

New Opportunity has the meaning set out in clause 14.6.1;

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New Opportunity means any potentially patentable invention arising from the Research Program other than New Inventions which is conceived during the term of this Agreement by employees or agents of GLADSTONE but which is not reduced to practice, either actually or constructively, during the term of this Agreement.

New Opportunity means a new sale of Hosting Services to an existing Rackspace customer that is not part of their existing portfolio of Hosting Services. Renewals of existing contracts and sales of upgrades and add-on services for existing Hosted Systems will not be counted as a New Opportunity unless the Partner is referring Dedicated Hosting Services and meets the Gold or Platinum criteria outlined in Schedule 1.

Examples of New Opportunity in a sentence

• The mutual agreement outlining the New Opportunity shall also set forth: • the name of the referred End User; • anticipated volume of purchase (and description of Ansible Services, as may be known at that time); • the time period in which the eligibility for the Referral Fee (as hereinafter defined) by the Reseller will remain open (i.e., the time period in which the sale between Ansible and the referred End User will close); and • the Referral Fee for such New Opportunity.

• For each New Business Opportunity, Distributor must: • Accurately complete MaxLinear New Opportunity Form.

• In any event, none of the Principals or their Affiliates shall make or commit to make any capital expenditure or make any other form of investment in relation to a New Opportunity unless and until the Board accepts or rejects such New Opportunity pursuant to the terms of this Clause ‎28.2.

• Neither Party shall obtain any intellectual property or other rights in any Information so disclosed by the other Party with respect to such New Opportunity or in respect of such New Opportunity, unless and until the Parties enter into a separate written agreement in respect thereof.

• Section 5.1 notwithstanding, if NHSc discloses or presents a New Opportunity to the SCC, and the SCC proceeds to discuss such New Opportunity as contemplated in Section 2.6, then if any Information is conceived, discovered or otherwise made solely by or on behalf of a Party, or jointly by or on behalf of the Parties, in the course of such discussion that relates to such New Opportunity, such Information shall be owned solely by NHSc or its Affiliate.

• If either the receiving Party provides a Pass Notice, or the receiving Party does not respond in writing to such high level description of such New Opportunity within such period, then the Party wishing to share such New Opportunity shall not provide any further information to the receiving Party with respect to such New Opportunity.

• Promptly following the expiration or termination (except by GLADSTONE/Regents under Section 8.2) of this Agreement, GLADSTONE/Regents will disclose any New Opportunities which arose during the period since the original disclosure of New Opportunities, and CNPI will have a first right to fund research to actually reduce such New Opportunity to practice as set forth above.

• A copy of such description shall be provided concurrently to the other Party’s general counsel as provided in Section 9.3. The Party receiving such high level description shall respond in writing within fifteen (15) days, or such longer period as the Parties may agree to in writing, whether it wishes to engage in a detailed discussion of such New Opportunity (an “Acceptance Notice”) or whether it declines to engage in such a detailed discussion (a “Pass Notice”).

• At least sixty (60) days prior to expiration or termination (except by GLADSTONE/Regents under Section 8.2) of this Agreement, the Principal Investigator will disclose each New Opportunity to CNPI in confidence and propose a program of research to actually reduce such New Opportunity to practice.

• Section 5.1 notwithstanding, if NHSc discloses or presents a New Opportunity to the PC, and the PC proceeds to discuss such New Opportunity as contemplated in Section 2.6, then if any Information is conceived, discovered or otherwise made solely by or on behalf of a Party, or jointly by or on behalf of the Parties, in the course of such discussion that relates to such New Opportunity, such Information shall be owned solely by NHSc or its Affiliate.

More Definitions of New Opportunity

New Opportunity has the meaning set forth in Section 5.5(h).

New Opportunity means any business opportunity offered to any Member or its Affiliates, including LSG, as the case may be, after the date of this Agreement which specifically relates to the Business.

New Opportunity has the meaning assigned in Section 6.3(f).

New Opportunity has the meaning set forth in Section 2.8.

New Opportunity has the meaning given in clause 7.6; “[***]” means [***]; “[***] Contract” means, collectively, the [***] and any statement of work or sub-agreement governed by this agreement, in each case initially entered into between CT SLO and [***] and as amended from time to time;