Diagnostic Entities definition
Diagnostic Entities means those certain entities to be formed by Sellers which will assume the assets and liabilities of the Diagnostics Business pursuant to the Restructuring Transaction.
Examples of Diagnostic Entities in a sentence
Licensee’s and its Affiliates rights under Section 2.1 to sell through distributors is limited to selling through distributors that are not Major Diagnostic Entities (as defined below).
Except as set forth on Section 4.26 of the Disclosure Letter, as of the Closing, the Diagnostic Entities will be wholly-owned by the Sellers or their Affiliates and all liabilities of the Diagnostics Business will be transferred to, and assumed by, the Diagnostic Entities.
In addition, the Buyers, the Sellers and the Diagnostic Entities hereby agree to be bound to the Confidentiality Agreement, with and to the same extent as the original parties thereto, as though such Person was originally party thereto.