Common use of Deliverable Items Clause in Contracts

Deliverable Items. Faroudja shall deliver to Sage the Deliverable Items set forth in Exhibit B relating to each element of the Licensed Technology in the manner and at the times set forth therein and, pursuant to Exhibit B, according to the delivery schedule established by mutual agreement of the Parties and attached to this Agreement. Upon receipt of such Deliverable Items, if Sage determines that the Deliverable Items are insufficient for Sage to implement the Licensed Technology in Licensed Chips, the Parties shall confer in good faith and Faroudja shall promptly provide Sage with any information and materials that the Parties deem necessary for Sage to implement the Licensed Technology in Licensed Chips. Faroudja's failure to complete delivery of the Deliverable Items will constitute a material breach by Faroudja of this Agreement.

Appears in 2 contracts

Sources: Joint Development and License Agreement (Sage Inc/Ca), Joint Development and License Agreement (Sage Inc/Ca)