Examples of RemainCo Core Field in a sentence
Except as set forth in this Article III or otherwise in this Agreement, SpinCo agrees that during the Noncompetition Term, SpinCo will not Compete in the RemainCo Core Field anywhere in the world.
During the Tail Period, all rights and licenses granted to RemainCo under Article I shall remain in full force and effect; provided, however, that the rights and licenses granted in Section 1.1(a)(i) with respect to the use of the Licensed IP in the RemainCo Core Field and in Section 1.1(b) with respect to use of the Licensed VR IP in the operation of any VR Business in the Exclusive VR Territory shall become non-exclusive and, for clarity, Article I shall be of no further force or effect.
In the event BWICO does not elect to assume and pay the costs associated with BWTI’s initiation, prosecution and control of such action or proceeding in the RemainCo Core Field, BWTI shall assume and pay its and BWICO’s out-of-pocket costs incurred in connection with such litigation or proceeding undertaken by BWTI, including, without limitation, attorney’s fees.
BWTI shall provide prompt written notice to BWICO of any determination to initiate, prosecute and control any such action or proceeding in the RemainCo Core Field.
Any recovery obtained as a result of such proceeding related to infringement or misappropriation in the RemainCo Core Field shall be retained by Canada Nuclear.
Canada Nuclear will provide prompt written notice to Canada Thermal, in any event no later than thirty (30) after receipt of Canada Thermal’s notice of its determination to initiate, prosecute and control such action or proceeding in the RemainCo Core Field, of its determination to elect to assume and pay the applicable costs or to decline to pay assume and pay the applicable costs.
Without limiting the foregoing, for purposes of clarity, as between BWXT and PGG, BWXT retains all rights in and to, and to use and exploit, and including without limitation the right to make, have made, use, lease, sell, offer for sale, and import, and use, reproduce, prepare derivative works of, distribute copies, perform and display products and services which utilize or embody such Licensed BWXT Intellectual Property in the RemainCo Core Field.
BWICO will provide prompt written notice to BWTI, in any event no later than thirty (30) after receipt of BWTI’s notice of its determination to initiate, prosecute and control such action or proceeding in the RemainCo Core Field, of its determination to elect to assume and pay the applicable costs or to decline to pay assume and pay the applicable costs.
Any recovery obtained as a result of such proceeding related to infringement or misappropriation in the RemainCo Core Field shall be retained by BWXT.
In the event Canada Nuclear does not elect to assume and pay the costs associated with Canada Thermal’s initiation, prosecution and control of such action or proceeding in the RemainCo Core Field, Canada Thermal shall assume and pay its and Canada Nuclear’s out-of-pocket costs incurred in connection with such litigation or proceeding undertaken by Canada Thermal, including, without limitation, attorney’s fees.