Payments to NYSERDA Definitions Sample Clauses

The "Payments to NYSERDA Definitions" clause establishes the specific meanings of terms related to payments made to the New York State Energy Research and Development Authority (NYSERDA) within a contract. It typically clarifies what constitutes a payment, the timing and method of such payments, and any relevant categories or conditions under which payments are due. By providing clear definitions, this clause ensures that all parties have a mutual understanding of payment obligations, reducing the risk of disputes and promoting transparency in financial transactions with NYSERDA.
Payments to NYSERDA Definitions. Practical Application: To manufacture in the case of a composition or product, to practice in the case of a process or method, or to operate in the case of a machine or system, under conditions indicating that the benefits of the invention are available to the public on reasonable terms. Product: any product or service that includes or incorporates the technology, components, subject inventions, and/or intellectual property that was developed in part or in whole as a result of NYSERDA funding, regardless of the application, customer segment, business model, or sales model, and including any improvements, enhancements or modifications thereto.
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Payments to NYSERDA Definitions. Practical Application: To manufacture in the case of a composition or product, to practice in the case of a process or method, or to operate in the case of a machine or system, under conditions indicating that the benefits of the invention are available to the public on reasonable terms. Product: any product or service that includes or incorporates the technology, components, subject inventions, and/or intellectual property that was developed in part or in whole as a result of NYSERDA funding, regardless of the application, customer segment, business model, or sales model, and including any improvements, enhancements or modifications thereto. License/Franchise: A grant of authority by Contractor to another person to make, use, or sell the Product. Licensing Revenue: Gross revenue of any kind or character derived by Contractor from a Licensing or Franchising of the Product. Sale: A sale or lease of the Product by the Contractor or any parent, subsidiary, affiliate or assignee thereof. Sales Revenue: Gross revenue, excluding returns and allowances such as sales tax, freight, and insurance, if applicable, derived from Sales.
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Payments to NYSERDA Definitions. Practical Application: To manufacture in the case of a composition or product, to practice in the case of a process or method, or to operate in the case of a machine or system, under conditions indicating that the benefits of the invention are available to the public on reasonable terms. Product: [PRODUCT OR TECHNOLOGY DEFINITION], and including any improvements, enhancements or modifications thereto. New York State Product: The Product will be considered a New York State Product if Contractor demonstrates that either: (1) in excess of 50% of the value or value added to such Product was added within the geographical boundaries of the State of New York; “value added” means any separable component of the Product, contributed by the Contractor or paid for by the Contractor to others, for parts, components, and services, and all manufacturing costs, including but not limited to labor, labor overhead, materials, and G&A, but excluding profit; or (2) in excess of 75% of the nonmanufacturing selling and administrative costs, allocated on a per unit basis for the Product, derive from within the geographic boundaries of New York State; such costs include those associated with the selling of the Product, shipping, administrative salaries, executive salaries, administrative office expenses, sales commissions, advertising, marketing, and research and development, but excluding: (a) any separable component of the Product paid for by the Contractor to others for parts, components, and services, and (b) and any other manufacturing or product costs. Qualification as a New York State Product shall be determined using generally accepted accounting principles and shall be capable of being proven by an audit conducted in accordance with generally accepted auditing standards.
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Related to Payments to NYSERDA Definitions

  • Amendments to Definitions (a) The following terms, which are defined in Section 1.02 of the Credit Agreement, are hereby amended in their entirety to read as follows:

  • DPA Definitions The definition of terms used in this DPA is found in Exhibit “C”. In the event of a conflict, definitions used in this DPA shall prevail over terms used in any other writing, including, but not limited to the Service Agreement, Terms of Service, Privacy Policies etc.

  • Amendments to Equity Definitions (i) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) deleting from the fourth line thereof the word “or” after the word “official” and inserting a comma therefor, and (2) deleting the semi-colon at the end of subsection (B) thereof and inserting the following words therefor “or (C) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer.” (ii) Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

  • Tax Definitions The following terms, as used herein, have the following meanings:

  • Amendment to Definitions In Section 1.1, amendments are made to the definitions, as follows: