New Process Technology definition

New Process Technology means a New Amorphous Alloy Technology that concerns only the process of converting Amorphous Alloy raw material into usable or saleable parts or components, or equipment related thereto.
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New Process Technology means New Technology other than New Product Technology which relates to the manufacture and supply of a Product, including without limitation, any processes, procedures, methods, tooling, fixtures, appurtenances, test hardware, software or equipment.
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New Process Technology refers to New Technology created by Hypercom other than New Product Technology which relates to the manufacture and supply of a Finished Product, including without limitation, any processes, procedures, methods, tooling, fixtures, appurtenances, test hardware, software or equipment.
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Examples of New Process Technology in a sentence

  • Supplier shall own all New Process Technology developed solely by Supplier, or jointly by JDSU and Supplier.

  • JDSU shall own all New Process Technology developed solely by JDSU.

  • The Steering Team shall be responsible for defining and agreeing to the scope and deliverables of projects undertaken in accordance with this Agreement, prioritizing activities, staffing, and deciding whether such individual projects are to be considered Base Support Activities, Capacity Increase and Cost Reduction Projects, New Process Technology Development, or New Product Development.

  • MAGI shall solely own any Research Service Invention that (1) constitutes Process Technology that is not an Improvement and (2) is Predominantly Funded by MAGI (as that term is defined below) (the "MAGI Research Service Process Technology Inventions"), and any such Process Technology shall be deemed to be MAGI New Process Technology.

  • The parties agree to cooperate and cause their employees and contractors to cooperate in the preparation and prosecution of patent applications relating to any joint development work concerning New Process Technology or New Application Technology.

  • Millennium shall own all Software Developments, which shall be deemed to be Millennium Process Technology Software or Millennium Informatics Technology included in Millennium New Process Technology or Millennium Process Technology Improvements, as the case may be.

  • Venture shall own all New Process Technology developed solely by Venture, or jointly by Hypercom and Venture.

  • Hypercom shall own all New Process Technology developed solely by Hypercom.


More Definitions of New Process Technology

New Process Technology means Process Technology of the types listed in SCHEDULE I attached to this Agreement which (a) is solely or jointly owned by Millennium or any of its Affiliates, or (b) is licensed by Millennium or any of its Affiliates from Third Parties, in each case during the Agreement Term (but only to the extent that transfer or sublicensing is permitted by any applicable agreements with Third Parties). Millennium New Process Technology specifically excludes Direct Acquired Technology, Direct Licensed Software, Sublicensed Software, Millennium Product-Process Tool Technology, Millennium Research-Stage Process Technology, Millennium Existing Process Technology, Millennium Process Technology Improvements, and Development Program Technology. Commencing with the Second Contract Year, agreements under which consent of any Third Party is required for the transfer of any material component of Millennium New Process Technology during each succeeding Contract Year shall be set forth in the Technology Transfer Plan for such Contract Year.
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