Examples of HBIO in a sentence
Except for the license granted to HBIO in this Section 4.1, HXXX shall retain any and all rights with respect to such Transferred Intellectual Property.
Without limiting the generality of the foregoing licenses granted in Sections 4.1 and 4.2, with respect to Software included within the New HXXX Technology, such licenses include the right to use, modify, and reproduce such software, in source code and object code form and Improvements thereof made by or on behalf of HBIO or its Subsidiaries.
HBIO hereby agrees to, and to cause its Affiliates and Subsidiaries to, grant, assign and convey to HXXX all Technology and Know-How used in the HXXX Business.
The licenses granted by HBIO to HXXX to the New HBIO Technology under Section 3.2 shall remain in effect until the first to occur of: (a) the date on which HXXX ceases to actively use the New HBIO Technology in its HXXX Business, which date shall be no sooner than one year after disclosure; (b) with respect to each Patent included in the New HBIO Technology subject to the licenses, the date on which such Patent shall expire; or (c) an Insolvency Event occurs with respect to HXXX.
The license granted by HXXX to HBIO under this Section 4.1 shall remain in effect with respect to each patent included in the license under this Section 4.1, until the date on which such patent shall expire.
Upon the receipt of such notice, HXXX shall have sixty (60) days to elect to either license such New HBIO Technology in accordance with the above provisions, after which such time, if HXXX fails to make such election, or elects not take such license, HBIO shall have no obligations to HXXX under this Article III with respect to such non-elected/rejected New HBIO Technology (the “Rejected New HBIO Technology”).
The parties acknowledge and agree that HBIO has granted HXXX a sublicense to use the mxxx “HARVARD APPARATUS” pursuant to the Sublicense Agreement and the terms, conditions and limitations set forth therein.
During the term of the license granted to HXXX under Section 3.2, from time to time during the initial three (3) month period following the respective license grant, upon the reasonable request of HXXX, HBIO agrees to use its commercially reasonable efforts to provide assistance to HXXX to enable to HXXX to assess and setup the technology pertaining to such license, including such services as minor software changes or explaining manufacturing and testing procedures.
With respect to Software included within the New HBIO Technology, such licenses include the right to use, modify, and reproduce such software, in source code and object code form and Improvements thereof made by or on behalf of HXXX.
With respect to Intellectual Property licensed to HBIO or its Affiliates or Subsidiaries by a Third Party, the license grants set forth in this Article III shall be subject to all of the conditions set forth in the relevant license agreement between HBIO (or its Affiliate or Subsidiary, as the case may be) and such Third Party, in addition to all of the terms, conditions and restrictions set forth herein.