Define: Proprietary System
Proprietary System means a patented or trademarked system, controlled by a proprietor, for electronic transitions, treatment, or alarm signaling.
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Proprietary System means a patented or trademarked system, controlled by a proprietor, for electronic transitions, treatment, or alarm signaling.
Relevant Circumstances
- Collaboration between companies regarding a unique system
- Licensing of proprietary software
- Proprietary alarm system installation
- The sale or leasing of a patented wastewater treatment system
Relevant Sectors
- Information Technology
- Manufacturing
- Security Services
- Environmental Services