AP Biotech definition
Examples of AP Biotech in a sentence
In making and performing this Agreement, the parties are acting and shall act at the times as independent contractors, and nothing contained in this Agreement shall be construed or implied to create any agency, partnership or employer and employee relationship between AP Biotech and Dyax.
Price increases in excess of four percent (4%) may be made only by agreement with AP Biotech.
The parties acknowledge that AP Biotech is a distributor of the Products and that Licensee shall not be responsible for, or deemed to control, the actions or omissions of AP Biotech.
The price at which Newco sells New Products to AP Biotech will be such recommended end user selling price less thirty-five percent (35%).
In the event that the Steering Committee rejects any Proposed Project for a Multi Customer Media then AP Biotech or Dyax, as the case may be, shall be free to develop such request or proposal alone or in collaboration with a third party, subject to any rights or licenses it may require from the other party.
Newco and AP Biotech hereby appoint Boston Safe Deposit & Trust Company as Escrow Agent, and Boston Safe Deposit & Trust Company hereby accepts such appointment.
AP Biotech and Dyax agrees to jointly market the Collaboration, and AP Biotech agrees to market and sell Products, under a combination of their respective corporate names and logos, that is "Amersham Pharmacia Biotech" and the "Drop design" and "Dyax Corp." and "Dyax "D" Logo", or such other trademark or trade name as the parties may agree to.
AP Biotech and its Affiliates shall at all times during the term of this Agreement keep accurate records of its sales of the Products in sufficient detail to enable the royalties payable on Net Sales Value to be determined and the reports due under Section 7.4 to be provided to Dyax.
The Licensee acknowledges and agrees that, after four (4) months from the Closing Date (as defined in the Asset Purchase Agreement) or, in the case of ▇▇▇▇▇▇ Scientific Limited, after December 3 1, 1999, the Licensee shall be entitled to use the Licensed Marks solely in connection with the Products to be sold by the Licensee to AP Biotech pursuant to the Distribution Agreement unless AP Biotech shall otherwise consent in writing.
Notwithstanding anything contained herein to the contrary, the parties agree that the sole and exclusive remedy of AP Biotech for a breach by Newco of this Section 8(e) shall be the reduction in the Year Three Minimum as provided for in Section 7(e)(vi) hereto.