Uniform Trade Secrets Act
A uniform statute drafted by the Uniform Laws Commission and …
Category: Commercial Law
United Nations Convention on Contracts for the International Sale of Goods
See CISG
UPOV
International Union for the Protection of New Varieties of Plants.
Uptime, Uptime Clause, Uptime Provision
A clause in a contract that specifies that a delivered …
Urge-to-Merge
As merger discussions initiated between companies progress, it can be …
Validity
Refers to whether an intellectual property right is properly granted …
Value Added Reseller, VAR
A class of authorized distributor or reseller who is allowed to …
Vendor Lock-In
See Lock-In (Consumer)
Vendor-First Clause
Provision in an agreement, typically a limited patent license, that provides …
Versioning
Two meanings: 1. A promotional practice allegedly inadvertently created by …