Examples of Technology License Contract in a sentence
AssistMed objects to the magistrate judge’s denial of discovery of the Technology License Contract between Mayo Foundation (“Mayo”) and CHS, requested by Request No. 11, contending she “erred” in denying discovery.
A Technology License Contract is “concluded by the right owner of a lawfully owned technology for licensing the relevant rights to an existing specific patent and know-how to another person for exploitation and use”.
Article 863 of the PRC Civil Code further clarifies that a Technology Transfer Contract and a Technology License Contract shall be made in written form.
AssistMed maintains that the Technology License Contract itself contemplates only that CHS will not disclose the terms of the contract, and another provision states that, if a person seeks to compel disclosure, the disclosing party will notify the other so that it can seek a protective order, another appropriate remedy, or waive compliance with the contractual provisions.
As the continuing connected transactions with Renault contemplated under the Renault Framework Technology License Contract (i.e. Transaction B1) and the Renault Trademark License Agreement (i.e. Transaction B2) will be conducted on a royalty-free basis for the first seven years commencing from the effectiveness of these agreements, they are fully exempt from the reporting, annual review, announcement, circular and independent shareholders’ approval requirements under Chapter 14A of the Listing Rules.
The term of the agreement commenced on 15th December, 2017 and will be in force as long as the joint venture contract of RBJAC and the Renault Framework Technology License Contract are in effect.
As the continuing connected transactions contemplated with Renault under the Renault Framework Technology License Contract and the Renault Trademark License Agreement will be conducted on a royalty-free basis for the first seven years commencing from the effectiveness of these agreements, they are fully exempt from the reporting, annual review, announcement, circular and independent shareholders’ approval requirements under Chapter 14A of the Listing Rules.
Hence, the Independent Financial Adviser is of the view that the entering into of the Renault Framework Technology License Contract and the Renault Trademark License Agreement for a period exceeding three years is a normal business practice for agreements in relation to intellectual property rights and it can maintain stability of the JV Company’s operation.Under the Renault Framework Imported Parts Supply Agreement, Renault will provide imported automotive production related components to the JV Company.
Simultaneously with the termination of the Company, all rights granted to the Company under the Plant Lease Contract, Raw Materials Supplier Agreement, Technology License Contract and Equipment Purchase Contract shall terminate, if they have not previously expired.
Regeneration and Reuse Technology License Contract (hereinafter referred to as the "Technology License Contract").Recently, Jingmen GEM (hereinafter referred to as "Party B") and ECOPRO (hereinafter referred to as "Party A") signed the "Cooperative Investment Agreement" (hereinafter referred to as "the Agreement") based on the principle of reciprocity.