Exhale definition

Exhale means Broncus’ Exhale Airway Bypass System, which is used to treat emphysema in humans and which is owned and retained by Broncus.
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Examples of Exhale in a sentence

  • If at any time during the course of this Agreement any additional Know-how necessary or desirable for the Development or Commercialization of the Product in the Territory in the Field is acquired by, Controlled by, or otherwise becomes available to Schering, Schering shall promptly offer to Exhale to provide all such additional Know-how.

  • Furthermore, Exhale shall grant to Schering a royalty-free, exclusive, sub-licensable license to use any Know-how generated by Exhale under this Agreement relating to the Product in the Field in connection with the Product in the Field outside the Territory.

  • If Schering properly exercises the Option as described above, then the Parties shall negotiate reasonably and in good faith concerning the acquisition of Exhale by Schering for a period of forty-five (45) days.

  • All worldwide Patent Expenses with respect to Schering Patents shall be borne by Schering, subject to the terms of this Agreement; all worldwide Patent Expenses with respect to Exhale’s Patents shall be borne by Exhale.

  • Exhale agrees to Commercialize the Product on the basis of a marketing and sales infrastructure which is specifically qualified for and specifically concentrates on the Commercialization of the Product.

  • Any records or accounting information received from Exhale shall be Confidential Information for the purposes of Article X.

  • The costs for any such settlement (including, without limitation, damages, expense reimbursements, compliance, future royalties or other amounts) shall be paid fourty percent (40%) by Schering and sixty percent (60%) by Exhale.

  • Within thirty (30) days of the Effective Date, Schering and Exhale will establish a Development and Commercialization Committee.

  • Schering shall inform Exhale no later than one (1) week before each meeting of the Development and Commercialization Committee of any specific issues which it intends to discuss.

  • Exhale agrees to use Best Efforts with respect to the Commercialization of Products in the Field in the Territory as provided hereunder.