Option B definition

Option B has the meaning assigned that term in Section 8.03(e).
Option B. [ ] As soon as administratively feasible following the close of the Plan Year within which the Participant requests a distribution.
Option B. The Student agrees that any and all research data and results produced by the Student in connection with their studies shall become the property of the Sponsor. The Student shall, at the request of the Sponsor, assign all intellectual property (including, without limitation, patents, design rights, copyright, trademark, data and commercial know-how) arising from any activity undertaken as a student of the University in accordance with the terms of this Funding Agreement. The Student shall enter into such further agreements and execute such documents and do such things as the Sponsor or its agents may require for the purposes of complying with the terms of this clause 5.2. The Student shall be treated as a Creator of the Intellectual Property.

Examples of Option B in a sentence

  • If, in good faith, the Parties do not reach an agreement and finalize an exclusive license agreement within six (6) months from the date of disclosure of Intellectual Property to Sponsor, University will have no further obligation to the Sponsor and will be free to license Intellectual Property to one or more third parties, provided that Sponsor shall retain its Option B Non-Exclusive License.

  • In consideration for the Option B Non-Exclusive License, Sponsor will pay University a fee of either ten percent (10%) of the Total Agreement Price or seven thousand five hundred U.S. dollars ($7,500.00), whichever is greater (the “Option B Non-Exclusive License Fee”), within thirty (30) days of execution of the Agreement.

  • Sponsor has ninety (90) days, from the date Intellectual Property is disclosed to Sponsor, to exercise its Option B Option (the “Option B Option Election Period”).

  • Clause 2.3.2 shall apply in the case of Option A and Clause 2.3.3. in the case of Option B.

  • Option- Option B: Customer ownership of all New IPR with limited Contractor rights to all New IPR in order to deliver the Agreement.


More Definitions of Option B

Option B. Special right to refinance balloon payment under Texas Finance Code §348.123(b)(5)(b)(iii)) I can enter into a new agreement to refinance my last installment if I am not in default. I can refinance at an annual percentage rate up to 5 points greater than the Annual Percentage Rate shown in this contract. The rate will not be more than applicable law allows. The new agreement will allow me to refinance the last installment for at least 24 months with equal monthly payments. You and I can also agree to refinance the last installment over another time period or on a different payment schedule. AGREEMENT TO KEEP MOTOR VEHICLE INSURED I agree to have physical damage insurance covering loss or damage to the vehicle for the term of this contract. The insurance must cover your interest in the vehicle. (Optional Language Provision: The insurance must include collision coverage and either comprehensive or fire, theft, and combined additional coverage.)
Option B. “Contract Price” means: (i) the negotiated price, including on-peak and off-peak prices, as specified in Exhibit E; or (ii) the Mid C Index Price. For the first 15 years measured from the date in Section 2.2.2, the Contract Price will be the negotiated price specified in Exhibit E; thereafter and for the remainder of the Term, the Contract Price will be equal to the Mid-C Index Price. The negotiated price established in Exhibit E is not necessarily the same as the Standard Fixed Price Option or the Renewable Fixed Price Option established in the Schedule.
Option B means early Capacity Payments as described in Appendix D.
Option B means that, upon execution of the agreement, the Subdivider may commence construction of the primary and secondary services and shall deposit, with the Municipality, performance security, in the amount of 110% of the approved estimated costs for the installation of the primary and secondary services, to guarantee their installation. Upon receipt of the performance security by the Municipality, lots within the Subdivision may be approved and Building Permits issued, however, Occupancy Permits shall not be issued until acceptance of the primary services; and
Option B means that the following shall occur:
Option B means the administrative option grantees utilize pursuant to Section 50897.2 or 50897.2.1, as applicable.
Option B. EU Standard Contractual Clauses for processing between IATA, Participant and Sub-processor: Standard Contractual Clauses (processors)