Shared Technology definition

Shared Technology means the Technology, other than the Discovery Excluded Technology, owned by Discovery immediately prior to the Closing Date and used by Discovery both for the design and/or post-FoundryCo delivery testing of semiconductor products and for the manufacture, sorting and/or intermediate (WIP) testing of semiconductor products. Without limiting the foregoing, Design Rules used by Discovery prior to the Closing Date shall be deemed “Shared Technology.”

Shared Technology means all Technology that has been used, is in use or is planned to be used by any Contributed Entity or any other portion of the Flash Memory Business of a Parent, but excluding all Licensed Parent Software and the software set forth in Schedule 1.1.65.

Shared Technology means Technology that, as of the Closing, both (a) constitutes Seller Technology, and (b) is incorporated into any Retained Products (or the designs thereof), or is otherwise used, held for use or necessary for the Retained Businesses. A description of the Shared Technology is set forth on Section 1.1(h) of the Sellers Disclosure Schedules.

Examples of Shared Technology in a sentence

• This Section provides the terms and conditions under which such a severing will be accomplished and the severed, stand alone services meet or exceed the technological criteria of the Shared Technology Services.

• It is hereby acknowledged that the severing of any or all Shared Technology Services covered by this agreement may require the expenditure of funds for replacement of equipment in order to have the severed, stand alone technology systems meet or exceed the technical criteria of the Shared Technology Systems.

• Prior to any severing of the Shared Technology Services, the Parties shall enter into such agreements as shall be necessary to provide for the costs of severing of services according to such allocation as shall be mutually agreed by the Parties.

• Shared Technology Portal, and Defining the System This MOU recognizes ongoing collaboration and input is needed from all Partners.

• If a catastrophic failure should occur for any or all Shared Technology Services and insurance or similar proceeds are inadequate to fully restore the systems and equipment to its prior service levels, the Parties shall determine their respective responsibilities to contribute funds sufficient to make up the deficiency and to pay the costs of restoring the systems and equipment.

More Definitions of Shared Technology

Shared Technology means the LiveUpdate and LiveReg software programs as well as the other programs and technology listed on EXHIBIT G hereto.

Shared Technology shall have the meaning as that term is defined in the Technology Sublicense Agreement by and between SSI and the LLC entered into as of July 1, 1996.

Shared Technology means Technology that constitutes Transferred Technology but which is being used or held for use by Sellers or their Affiliates both in the Business and in their businesses other than the Business as of the Closing, other than the Prospect DB or other Technology identified on Schedule 1.1(yyy).

Shared Technology means, (i) other than Material Sniffer Software, copies of Prime Technology but only to the extent that copies of such Prime Technology (for example, Software or documents) exist and are used or held for use in the Retained Business by Sellers in the ordinary course of business consistent with past practice of the Retained Business as of the date hereof and not in violation of the representation and warranty in Section 5.8(o), (ii) Business Technology that is not Prime Technology but only to the extent that copies of such Business Technology (for example, Software or documents) exist and are used or held for use by the Business in the ordinary course of business consistent with past practice of the Retained Business as of the date hereof, (iii) Licensed Infinistream Technology and (iv) any other items listed in Section 2C of the Asset Schedule. Notwithstanding the foregoing, the Prime Technology referred to in Section 2.9(f) will not be considered Shared Technology.

Shared Technology means all Shared Products, and the Technology used in connection with the Shared Products, excluding Special Technology and Tools.

Shared Technology and "Shared Technology Products" shall have the meaning(s) ascribed to them in the Shared Technology Agreement, as amended.

Shared Technology means all Technology that Sellers or any of their Subsidiaries have the right to transfer as of the Closing that is used in, held for use in or necessary to the operation of both the AirCard Business and the Retained Business, each as conducted as of the Closing Date, other than the Technology of Sellers and their Subsidiaries that constitutes Sellers’ AirVantage branded M2M cloud-based hosted software platform and services and related embedded agent, software development kits (SDKs) and development tools. For the avoidance of doubt, (i) Shared Technology does not include any Intellectual Property Rights, and (ii) Shared Technology does not include any Prime Transferred Technology.