Technology business definition
Technology business means a trade or business that derives the majority of its gross income from the sale or license of products or services resulting from its software development or information technology development, or both. A "technology business" excludes any trade or business that is considered by standard practice as part of the broadcast industry or any telecommunications carrier, as defined in section 269-1, that holds a franchise or charter enacted or granted by the legislative or executive authority of the State or its predecessor governments."
Technology business means a corporation, partnership, limited
Technology business. , as used in this Section, means a
Examples of Technology business in a sentence
All of this charge is applicable to the Products and Technology business segment.
National Oilwell's Products and Technology business segment competes with several companies in North America that have drilling products that compete directly with certain of our products.
If BIG intends to engage in the Tripod Technology business in accordance with the foregoing, Lycos shall cause the Tripod License (as defined below) to be extended to BIG upon its request.
If BIG is the withdrawing Party, BIG hereby agrees that the accrued losses and drawdowns under the Loan Facility which are attributable solely to the Tripod Technology business shall not be required to be repaid.
In addition, management believes that the Company has a competitive advantage in the distribution services business by distributing market-leading products manufactured by its Products and Technology business.
More Definitions of Technology business
Technology business means that portion of the emerging business segment of ConocoPhillips as described in ConocoPhillips’ Annual Report on Form 10-K for the period ended December 31, 2011, that primarily relates to the Refining and Marketing Business, Chemicals Business or Midstream Business, including the research and development of advanced hydrocarbon processes, energy efficiency technologies, new petroleum-based products, renewable fuels and carbon capture and conversion technologies, and that is not a business identified by company codes on Schedule 1.1B.
Technology business or “Technology Company” means an emerging corporation that has a headquarters or base of operations located in New Jersey, that owns, has filed or has a license to use protected, proprietary intellectual property whose primary business is the provision of a scientific process, product, or service and that employs some combination of the following: highly educated or trained managers and workers, or both, employed in New Jersey who use sophisticated scientific research service or production equipment, processes or knowledge to discover, develop, test, transfer or manufacture a product or service. Examples of fields of active engagement satisfying this definition include: the designing and developing of computing hardware and software; the research, development, production, or provisions of materials with engineered properties created through the company’s development of specialized processing and synthesis technology; and the research, development, production or provision of technology involving microelectronics, semiconductors, electronic equipment and instrumentation, radio frequency, microwave and millimeter electronics, and optical and optic related electrical devices, or data and digital communications and imaging devices.
Technology business or “Technology Company” means an emerging corporation that has a headquarters or base of operations located in New Jersey, that owns, has filed or has a license to use protected, proprietary intellectual property whose primary business is the provision of a scientific process, product, or service and that employs some combination of the following: highly educated or trained managers and workers, or both, employed in New Jersey who use sophisticated scientific research service or production equipment, processes or knowledge to discover, develop, test, transfer or manufacture a product or service. Examples of fields of active engagement satisfying this definition include: the designing and developing of computing hardware and software; the research, development, production, or provisions of materials with engineered properties created through the company’s development of specialized processing and synthesis technology; and the research, development, production or provision of technology involving microelectronics, semiconductors, electronic equipment and instrumentation, radio frequency, microwave and millimeter electronics, and optical and optic- related electrical devices, or data and digital communications and imaging devices.
Technology business means , collectively, (a) the technology business segment operated by the Parent and its Subsidiaries which provides proprietary technology licenses, associated engineering services, proprietary equipment and catalysts, primarily for the petrochemical and refining industries, and (b) the engineered products business segment operated by the Parent and its Subsidiaries which provides engineered products for the oil and gas, petrochemical, power generation, water and wastewater, mining and mineral processing industries, and excluding, for the avoidance of doubt, (i) the ▇▇▇▇▇▇ Consultants business, (ii) the minority ownership interest in Net Power LLC owned by ▇▇▇▇▇▇ Technology LLC and (iii) know-how and intellectual property of the Parent and its Subsidiaries, including its patents, designs, digital infrastructure and service techniques, in each case not primarily used in the ordinary course of the business segments described in (a) and (b), which have been transferred to ▇▇▇▇▇▇ Technology and its affiliates pursuant to the Transfer of Proprietary Rights Agreement dated May 10, 2018 between ▇▇▇▇▇▇ Technology LLC and ▇.▇▇▇ Holdings Inc., the Transfer of Propriety Rights Agreement dated May 10, 2018 between McDermott Technology (Americas), Inc., McDermott Technology (US), Inc. and Chicago Bridge & Iron Company and the Transfer of Propriety Rights Agreement dated May 10, 2018 between ▇▇▇▇▇▇ Technology LLC, McDermott Technology (Americas), Inc. and McDermott Technology (US), Inc., and otherwise.
Technology business means a technology company, sole
Technology business means a corporation, partnership, limited liability company, or sole proprietorship that is engaged in the design, development, and introduction of new technology, including, but not limited to, biotechnology, information technology, re-manufacturing, advanced materials, processing engineering or electronic technology products, or innovative manufacturing processes.
Technology business means a trade or business that derives the majority of its revenue from software development, information technology, or both.