Primary Right definition

Primary Right means the superior right to permanent water and to the quantity, quality, and price of the water.
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Primary Right means the right to store water in a reservoir or the water right designated by the commission as the principle water supply for the authorized use, or if no designation has been made, the first in time or initial appropriation.
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Primary Right has the meaning set forth in Section 9.2(c).
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Examples of Primary Right in a sentence

  • The Primary Right and Secondary Right of the Remaining Members set forth herein are exercisable by delivery of a notice to the Board of Managers and the Selling Member (a “Member Notice of Exercise”) within the time periods specified herein.

  • Immediately following the expiry of the 30 day period for the Primary Right, the Board of Managers shall notify the Remaining Members if not all of the Remaining Offered Interests have been elected to be purchased pursuant to the Primary Right (the “Secondary Notice”).

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  • This Primary Right Certificate shall not be valid or obligatory for any purpose until it shall have been countersigned by the Rights Agent.

  • The Primary Rights will become nonredeemable on the Primary Right Distribution Date.

  • If this Primary Right Certificate shall be exercised in part, the holder shall be entitled to receive upon surrender hereof another Primary Right Certificate or Primary Right Certificates for the number of whole Primary Rights not exercised.

  • No fractional Common Shares will be issued upon the exercise of any Primary Right or Primary Rights represented hereby, but in lieu thereof, a cash payment shall be made, as provided in the Rights Agreement.

  • The Primary Right Exercise Price for the exercise of each Primary Right shall be equal to the product of (x) 20% of the Current Market Price per Common Share on the 15% Acquisition Date, multiplied by (y) the number of Common Shares to be received upon the exercise of an exercisable Primary Right and payment of the Primary Right Exercise Price.

  • The Primary Right Exercise Price shall be payable in lawful money of the United States of America in accordance with Section 9(a) hereof.

  • In the event that the foregoing Certificate is not duly executed, with signature guaranteed, the Company shall deem the Primary Rights represented by this Primary Right Certificate to be Beneficially Owned by a 15% Person or an Affiliate or Associate of a 15% Person (as such capitalized terms are defined in the Rights Agreement), and shall not issue any Primary Right Certificate in exchange for this Primary Right Certificate.


More Definitions of Primary Right

Primary Right shall have the meaning set forth in Section 10.1(a)(iv).
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Primary Right. Means the uses permitted in terms of Table “A”.
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Related to Primary Right

  • IP Ancillary Rights means, with respect to any other Intellectual Property, as applicable, all foreign counterparts to, and all divisionals, reversions, continuations, continuations-in-part, reissues, reexaminations, renewals and extensions of, such Intellectual Property and all income, royalties, proceeds and Liabilities at any time due or payable or asserted under or with respect to any of the foregoing or otherwise with respect to such Intellectual Property, including all rights to xxx or recover at law or in equity for any past, present or future infringement, misappropriation, dilution, violation or other impairment thereof, and, in each case, all rights to obtain any other IP Ancillary Right.

  • Ancillary Rights means, in each case with respect to the relevant Seller Receivable:

  • Proprietary Rights means all trade secret, patent, copyright, mask work and other intellectual property rights throughout the world.

  • Third Party IPR means any Intellectual Property Rights not belonging to either party to this Agreement but used by the Supplier in the creation of the Deliverables and/or in the course of or in connection with the Project.

  • Licensed IP Rights means, collectively, the Licensed Patent Rights and the Licensed Know-How Rights.

  • IP Rights has the meaning specified in Section 5.17.

  • Third Party IP means the Intellectual Property Rights of any third party that is not a party to this Contract, and that is not a Subcontractor.

  • Foreground means the results, including information, whether or not they can be protected, which are generated under the project. Such results include rights related to copyright; design rights; patent rights; plant variety rights; or similar forms of protection;

  • Third Party Intellectual Property Rights means any Intellectual Property owned by a third party.

  • Company IP Rights means all Intellectual Property owned, licensed, or controlled by the Company or its Subsidiaries that is necessary for or used in the operation of the business of the Company and its Subsidiaries as presently conducted.

  • Licensee Patents means any Patents within the Control of Licensee as of the Effective Date and at any time during the Term relating to the Product.

  • Licensed IP means the Licensed Patents and the Licensed Know-How.

  • Intellectual Property Rights or IPR means copyright, rights related to or affording protection similar to copyright, rights in databases, patents and rights in inventions, semi-conductor topography rights, trade marks, rights in internet domain names and website addresses and other rights in trade or business names, designs, Know-How, trade secrets and other rights in Confidential Information; applications for registration, and the right to apply for registration, for any of the rights listed at (a) that are capable of being registered in any country or jurisdiction; and all other rights having equivalent or similar effect in any country or jurisdiction;

  • Intellectual Property Right means any patent, trade mark, service mark, copyright, moral right, right in a design, know-how and any other intellectual or industrial property rights, anywhere in the world whether or not registered.

  • Licensor Technology means the Licensor Patents, the Licensor Know-How, Licensor Materials, and Non-Patent Rights Controlled by Licensor or its Affiliates embodied in Licensor Know-How or Licensor Materials.

  • Joint Intellectual Property Rights means any work under the Subcontract, which:

  • Foreground IPR means any and all Intellectual Property Rights generated individually by either of the Parties or by jointly both of the Parties in the execution of the Contract.

  • Property Rights means all licenses, permits, easements, rights-of-way, certificates and other approvals obtained by either of the parties either before or after the date of this Agreement and necessary for the exploration of the Property, or for the purpose of placing the Property into production or continuing production therefrom;

  • Business IP means Intellectual Property Rights that are used in and material to the Acquired Business as currently conducted and as currently proposed to be conducted.

  • Transferred Intellectual Property Rights means (a) the Transferred Patents, (b) the Transferred Copyrights, (c) the Transferred Internet Properties, (d) the Transferred Industrial Designs, (e) The Transferred Database Rights,(f) the Transferred Mask Work Rights, (g) the Transferred Trade Secrets, and (h) the Transferred Trademarks.

  • Third Party Intellectual Property means the Intellectual Property Rights of a third party which Supplier uses or incorporates into the Work.

  • Intellectual Property Rights (IPR) (11/18) means any patent rights, copyrights, trade secrets, trade names, service marks, trademarks, trade dress, moral rights, know-how and any other similar rights or intangible assets to which rights of ownership accrue, and all registrations, applications, disclosures, renewals, extensions, continuations, or reissues of the foregoing now or hereafter in force. “Key Personnel” (11/18) means the specific individuals identified in Section 3.11 to fill Key Positions.

  • Business Intellectual Property Rights means (a) the Intellectual Property Rights owned or licensed by the Group Companies and (b) any other Intellectual Property Rights owned or licensed by Seller or any of its other Subsidiaries and used solely in the conduct of the Business.

  • Third Party IP Claim has the meaning given to it in clause E8.7 (Intellectual Property Rights).

  • Third Party Technology means all Intellectual Property and products owned by third parties and licensed pursuant to Third Party Licenses.

  • Excluded Technology means the Technology listed on Exhibit C.