Examples of Titanium Conversion Services in a sentence
TIMET’s right to use the License shall include the right to grant one or more third parties sublicenses for the performance of the Titanium Conversion Services, provided, however, that any sublicensee must satisfy the terms of this Agreement, including Section 15, and sublicensing will have no effect on TIMET’s obligations under this Agreement.
TIMET shall have the unlimited right to, among other things, enter into discussions, negotiations, and agreements regarding the performance of the Titanium Conversion Services by any potential alternative supplier(s), including without limitation, any current or former agents, consultants, directors, employees, or officers of Xxxxxx so long as such parties are not subject to restrictions under a noncompetition agreement.
Although the License is being granted to TIMET as of the date set forth above, TIMET agrees that, except as set forth under Section 5(e) below, neither it nor its sublicensees will utilize the License unless TIMET invokes the Right to Access and then TIMET and its sublicensee will only use the License (i) during an Access Period and (ii) in connection with the performance of the Titanium Conversion Services using the Operating Assets.
Xxxxxx hereby grants TIMET a non-exclusive worldwide, irrevocable, fully paid, and in the event TIMET exercises its rights under Section 8(b) hereof, fully transferable, right and license to use any Intellectual Property necessary or helpful for the performance of the Titanium Conversion Services for use by TIMET or a sublicensee (the “License”).
TIMET and its sublicensees, if any, shall treat and preserve the Intellectual Property in accordance with the same practices employed by TIMET to safeguard its own intellectual property against unauthorized use and disclosure and, except as set forth under Section 5(e) below, will only use such information, data and trade secrets during an Access Period in connection with producing the Titanium Conversion Services.
All Material delivered to XXXXXX by TIMET for performance of Titanium Conversion Services, including all recoverable scraps generated in the performance of the services hereunder, shall belong to and remain the property of TIMET or its designee(s) and shall be returned by XXXXXX to TIMET after performance of the Titanium Conversion Services.
In order for XXXXXX to provide Titanium Conversion Services to TIMET hereunder, TIMET shall make available to XXXXXX technical assistance to help XXXXXX achieve TIMET’s standard process practice, operating procedures and product specification as described in Section 2.5(b)(iv).
XXXXXX agrees to defend and indemnify TIMET, its employees, directors, stockholders officers and agents for any claims, costs, expenses (including reasonable attorney fees) or liability arising from injury (including death and disease) or Damage that arises out of XXXXXX’ performance of the Titanium Conversion Services under this Agreement unless such injury or Damage shall be the result of the sole negligence of TIMET.
Xxxxxx and TIMET shall work in good faith to package Materials with respect to which Titanium Conversion Services have been provided in accordance with good commercial practice so as to protect against damage to such Materials that will result from weather or transportation.
Risk of loss of the products resulting from the Titanium Conversion Services performed by XXXXXX shall pass from XXXXXX to TIMET upon their delivery to TIMET FOB XXXXXX facility.