ACBEL definition
Examples of ACBEL in a sentence
The Buyer agrees to the terms of the License Agreement, dated February 9, 1999, between the Company and ACBEL, as amended by Amendment No. 1 dated December 7, 2004 and Amendment No. 2 dated August 1, 2005, and hereby assumes responsibility of the Company's obligations thereunder.
The Buyer will use reasonable, diligent efforts to collect from ACBEL, and will cause the Company to, use reasonable, diligent efforts to collect from ACBEL, the $600,000 portion of the license fees described in SECTION 2.2(B), when due.