ADM Agreement definition

ADM Agreement means the technology development agreement dated September 1, 2019, between the Company and ADM.
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Examples of ADM Agreement in a sentence

  • To HeartSine's knowledge, Cardiac Science's practice of the HeartSine Patents as contemplated by this ADM Agreement shall not involve any infringement or constitute an unauthorized use of any patent, copyright, trade secret, proprietary information, license or right therein belonging to any third party.

  • This ADM Agreement constitutes and contains the entire understanding and agreement of the parties and supersedes any and all prior negotiations, correspondence and understandings and agreements, whether verbal or written, between the parties respecting the subject matter hereof.

  • The provisions of Article 7 shall survive any termination of this ADM Agreement or the License hereunder.

  • No waiver, modification or amendment of any provision of this ADM Agreement shall be valid or effective unless made in writing and signed by a duly authorized officer of each of the parties.

  • Except as set forth below in Section 6.5, the terms and conditions of the Option Technology shall be as set forth for the License under this ADM Agreement.

  • The total amount which may be paid by Cardiac Science to HeartSine under this ADM Agreement for the License and for HeartSine's participation in the Development Project is $650,000 (the "ADM Fee"), which amount shall include the aggregate of the License Fee set forth above in Section 4.1 as well as all potential Milestone Payments paid pursuant to the Development Project as set forth in Section 4.2 above.

  • Subject to the terms and conditions of Section 8.2 hereof, for each calendar quarter this ADM Agreement is in effect, Cardiac Science shall pay to HeartSine, in arrears, sixty (60) days after the end of such calendar quarter, an earned royalty of one percent (1%) of the Net Sales of Licensed Products which are sold by Cardiac Science or its Affiliates during such calendar quarter (the "ADM Royalty").

  • Cardiac Science has the corporate power and authority to execute, deliver and perform its obligations under this ADM Agreement.

  • Any notice, requests, delivery, approval or consent required or permitted to be given under this ADM Agreement shall be in writing and shall be deemed to have been sufficiently given if delivered in person, transmitted by internationally recognized courier or telecopier (with confirmed answer-back) to the party to whom it is directed at its address shown below or such other address as such party shall have last given by notice to the other party.

  • Upon termination of this ADM Agreement or of the License granted hereunder for any reason: Neither party shall be released from any obligation that matured prior to the effective date of such termination.