Next Generation Product definition

Next Generation Product means *** *** to ***, that (a) *** is developed by or on *** using an *** owned or controlled by *** or (ii) is acquired or in-licensed by ***and (b) ***.

Next Generation Product means a vertebral compression fracture repair system, not yet fully developed or marketed by DOT, defined in Exhibit D (the “Non-Competition, Confidentiality and Development Agreement”) to the Kyphon-DOT APA (Vertebroplasty Assets).

Next Generation Product means a vertebral compression fracture repair system to be developed after the Closing by the Entrepreneurs and that incorporates [***] and the other basic design features described by the Entrepreneurs in a schedule to the Non- Competition, Confidentiality and Development Agreement (as defined in the Vertebroplasty Purchase Agreement), and which is substantially different from the Company’s existing Confidence system such that separate and new FDA and CE xxxx regulatory clearances or approvals will be required.

Examples of Next Generation Product in a sentence

• Any Confidential Information primarily relating to a Next Generation Product shall be deemed to be the Confidential Information of Licensee alone.

• If Enanta elects to exercise the Co-Development and Profit Share Option with respect to any Next Generation Product (such as the Second Generation Product) [*****].

• After the parties’ final agreement as to the Specifications and prior to initial product release, LXE may alter the Next Generation Product only (i) to improve reliability, quality or safety, or to comply with standards or requirements of any governmental or industry recognized body or regulatory agency, or (ii) to avoid infringement of any patent or other proprietary right.

• LXE’s pricing to Voxware for each of the 410 Branded Products and the Next Generation Branded Products shall be ***** than LXE’s pricing of the 410 Hardware Product or Next Generation Product, respectively, to any other VAR, customer or other entity contracting with LXE.

• Subject to the terms and conditions of this Agreement, Voxware hereby grants to LXE at ***** a non-exclusive license to use, copy, load, test, and otherwise run the Browser solely (1) in connection with LXE’s development of the Next Generation Product in collaboration with Voxware and (2) for demonstration in conjunction with 410 Hardware Product, Next Generation Product or LXE Products.

More Definitions of Next Generation Product

Next Generation Product means any Licensed Product that is not a NLG919 Product.

Next Generation Product means a Product to be administered utilizing the Seller Next Generation Delivery System or another Delivery System approved by the Joint Development Committee.

Next Generation Product means each product comprising or containing a Next Generation Collaboration Compound; provided, however, products that contain different dosages and formulations of a product, but utilize the same specific Next Generation Collaboration Compound, shall not be considered distinct Next Generation Products.

Next Generation Product means a drug product for use in men containing testosterone as its sole active pharmaceutical ingredient incorporating or containing improvements, additions, refinements, modifications or developments to the Product that would reasonably be expected to improve the quality or improve consumer or patient acceptance of the Product for which a sNDA to the Product NDA would be permitted under Applicable Law.

Next Generation Product or “NextGen Product” means LXE’s hardware Product designed by LXE in collaboration with Voxware as a replacement for the 410 Hardware Product, and all peripherals thereto, excluding Headsets.

Next Generation Product means the PSSD product validated and updated by AxoGen pursuant to this agreement representing changes made to the Existing Product by AxoGen and its suppliers.

Next Generation Product means any HA Product for use in the Field anywhere in the Territory, the specifications of which differ from the Licensed Product in such a way that it is not covered by the definition of Licensed Product. For avoidance of doubt, a mutually-agreed change in Specifications that satisfies the conditions in the immediately preceding sentence shall, for all purposes under this Agreement, be considered a Next Generation Product and not solely a change in Specifications, unless the Parties agree in writing otherwise at the time such change is made.