Examples of DRx Device in a sentence
DRx Devices If, at any time during Phase II, Ostex manufactures and sells any other (i.e., non-NTx) Licensed DRx Device, subject to the limitations in Section 4.7, Ostex shall pay to Metrika a total royalty payment of ***** of the Net Sales of such Licensed DRx Devices received by Ostex.
The notifying party shall include in the notification the name, address, and telephone number of the person or entity purchasing the product in question, the name, address, and telephone of the patient (if different), and the lot or serial number of the NTx/DRx Device, Licensed DRx Device, or Critical Reagent involved in the incident, as appropriate.
In exercising these rights, Ostex shall give Metrika reasonable advance notice of its desire to inspect Metrika's plants, properties, files, books, and records, or to have made available Metrika's key employees, to discuss and make information available with respect to the manufacturing of the NTx/ DRx Device.
During the Term of this Agreement, Metrika shall not itself market or sell, or grant rights to third parties to market or sell, the NTx/DRx Device or any Licensed DRx Device.
After expiration of Phase I, Ostex shall have no further obligation to purchase the NTx/DRx Device from Metrika, but shall have the right to manufacture, or caused to be manufactured for it, the NTx/ DRx Device as well as other Licensed DRx Devices.
Metrika shall not incur any liability on behalf of Ostex, nor describe or hold itself out as an employee or representative of Ostex, nor make any claims, warranties or representations with respect to the NTx/ DRx Device and Licensed DRx Devices except as previously approved in writing by Ostex.
Upon commencement of Phase II, and every six months thereafter until the expiration of the Term, Ostex and Metrika shall each have the obligation to share with the other all improvements made by that party to the development and manufacturing of the DRx Device (collectively, the "Improvements").
This indemnification provision shall not apply and Metrika shall have no liability to the extent that the subject NTx/DRx Device or Licensed DRx Device has been altered as proscribed in Section 4.7(c), or if Ostex has any interest in the claim, suit or other legal proceeding, or any license to any right so asserted.
On a monthly basis, commencing in May 2000, Metrika shall, no later than the 15th day of each month, estimate the NTx/DRx COGS in the prior calendar month, and Ostex shall, no later than the 20th day of each month, estimate the Net Profits (Losses), as described in Section 2.3.2, of the NTx/ DRx Device in the prior calendar month.