Technical Know-How definition
Examples of Technical Know-How in a sentence
Technician warrants and represents that it possesses the Technical Know-How shared during term of this Agreement or information and has not transferred, sold, assigned, encumbered or licensed any right, title or interest in the Know-How and information to any third party.
Technician further warrants and represents that Technical Know-How and information is exclusively of his own experience/expertise/knowledge and it has not been infringed or acquired from any third party who has prohibited sharing of the same for commercial use.
Baxter and AccuLase are entering into the Manufacturing Agreement of even date (the "Manufacturing Agreement") whereby, among other things, AccuLase is agreeing to manufacture excimer lasers utilizing Technical Know-How (as hereinafter defined) upon the terms and conditions contained therein.
Baxter desires to acquire and AccuLase desires to grant to Baxter an exclusive license in and to the Technical Know-How, patents and patent applications for use in the treatment of cardiovascular or vascular disease.
In consideration for the payments made by Baxter pursuant to Section 2.2 below, AccuLase hereby grants to Baxter an exclusive, worldwide right and license, including the right to grant sublicenses, under the Technical Know-How, Licensed Patents and Improvements to practice methods and to manufacture, have manufactured, import, use, offer to sell, sell and otherwise dispose of Licensed Products within the Field of Technology.