Accelr8 definition
Examples of Accelr8 in a sentence
Each Accelr8 Indemnitee shall have the right to be present in person or through counsel at substantive legal proceedings relating to the applicable Third Party Claim.
This exclusivity obligation shall extend to any rights in the Field held by Accelr8 in or to intellectual property arising out of work performed by Accerl8 or sponsored by Accelr8 but performed by third parties, including without limitation, work performed at Washington University in St. Louis (“WUSTL”) School of Medicine and/or with the Denver Health and Hospital Authority (“DHHA”) as that work is directly related to the Field (collectively, “Accelr8 Intellectual Property”).
Such records shall be retained for at least three (3) years after the close of the period to which they pertain, or for such longer time as may be required to finally resolve any question or discrepancy raised by Accelr8.
Except to the extent necessary to conduct day-to-day business and product development during the Exclusive License Period, Accelr8 will not, directly or indirectly, and will cause its affiliates and its and their respective directors, officers, employees, members, managers, agents, advisors and representatives not to provide to third parties non-public information relating to or in connection with the Field.
Such day-to-day business and product development activities will not encumber the property rights owned or controlled by Accelr8 primarily used in the Field.
The term “Field”, as used in this LOI, is defined as the use of bacterial and fungal pathogens from a range of organisms covering human infectious diseases, the Accelr8 BACcel™ platform system and directly related technologies (antibiotic resistance testing) owned or controlled by Accelr8 for screening and detection of disease in humans for the purposes of diagnosis, prediction, monitoring, and treatment selection.
For instance, Accelr8 brings specific abilities in the areas of instrument system development, related technology, and method of use of intellectual property.
Each Party agrees to inform the other Party promptly in writing of any suspected infringement of the Accelr8 Technology, the Licensed Product and/or the Patents resulting from any Inventions.
In particular, neither Party will disclose to a Third Party any legal opinions with regard to Accelr8's Intellectual Property without first obtaining a "Community of Interest" agreement from such Third Party that includes Accelr8 as named in the Community of Interest.
Accelr8 shall not be liable for any failure or delay in filling SCHOTT orders due to any events beyond the reasonable control of Accelr8; provided, however, that Accelr8 shall notify SCHOTT promptly of anticipated delays, and shall use all reasonable commercial efforts to fill such orders as soon as possible.