Fresh Cut definition
Examples of Fresh Cut in a sentence
The fees and costs of the arbitrator and the AAA shall be borne [*]% by Purchaser and [*]% by Fresh Cut.
Each such report shall be accompanied by payment of the aggregate amount due to Fresh Cut pursuant to Section 3.3 and Section 3.4 in United States Dollars by wire transfer to an account designated in writing by Fresh Cut to Purchaser reasonably in advance of the due date of the payment.
Any such divisional or continuation application(s) filed by Fresh Cut in compliance with the terms of this Section 8.1 and directed to an Assigned Patent shall be assigned by Purchaser to Fresh Cut (subject to any rights and licenses granted herein to Purchaser) at the time of filing such divisional or continuation application(s), or as soon as is reasonably practical thereafter, and Purchaser shall take steps to record such ownership with the relevant patent office or intellectual property office.
Each of Fresh Cut and Radius shall submit to the Patent Management Committee one or more proposed divisional or continuation patent applications related to the Managed Patents for review and a decision on filing, by the other Party with the advice of the Patent Management Committee, within [*] days after the Closing Date.
Upon the attainment of certain milestones by Purchaser, its Affiliates or its licensees or sublicensees (the “Development Milestones”), Purchaser shall make certain earnout payments to Fresh Cut or its designee (the “Development Earnout Payments”).
Within [*] Business Days after completion of the Independent Accounting Firm’s audit, Purchaser will pay to Fresh Cut any deficiency in the Royalty amount or portion of Licensing Revenue determined by the Independent Accounting Firm.
The following goods are subject to the terms of this Agreement: Fresh Cut Herbs & Basil (as more fully described in Exhibit A) (the “Goods”).
All such Scheduled IP is registered and recorded in the name of Fresh Cut except where the failure to be so registered or recorded would not have a Material Adverse Effect.
Purchaser shall provide Fresh Cut or its designee with written notice of the achievement of any Annual Net Sales Threshold on or prior to April 30 of the Calendar Year following the Calendar Year during which the applicable Annual Net Sales Threshold was met and shall make the applicable payment within [*] days thereafter.
Fresh Cut is a limited liability company duly organized, validly existing and in good standing under the Laws of the State of Delaware.