HBIO definition
Examples of HBIO in a sentence
Without limiting the generality of the foregoing licenses granted in Sections 4.1 and 4.2, with respect to Software included within the New H▇▇▇ 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.
For clarity since H▇▇▇ will operate in the H▇▇▇ Business and HBIO will operate in the Harvard Apparatus Research Business, it is permissible for both companies to be simultaneously selling an identical product under their respective trademarks in their respective separate fields of use (i.e. H▇▇▇ Business for H▇▇▇ and Harvard Apparatus Research Business for HBIO) without violating Article IX of this Agreement.
The foregoing exclusive license grant shall not exclude or limit any member of the HBIO Group from their continued use of such all Intellectual Property, Technology and related Know-How, subject to Article IX hereof.
Notwithstanding the foregoing, H▇▇▇ shall not file a patent application with respect to any Improvements on any New HBIO Technology without the prior written consent of HBIO.
For the avoidance of doubt, the Transferred Intellectual Property is transferred subject to the licenses granted to HBIO in Article IV below, and the competitive restrictions in Article IX below.
Notwithstanding the foregoing, HBIO shall not file a patent application with respect to any Improvements on any New H▇▇▇ Technology without the prior written consent of H▇▇▇.
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 H▇▇▇.
However, in the event that either H▇▇▇ or HBIO abandons any particular product or products, it shall so notify the other Party in writing within sixty (60) days thereof, at which time the non-competition covenants of this Article IX shall expire, terminate and be of no further force and effect with respect to such abandon product or products.
Licenses to HBIO under this Article IV pertaining to Intellectual Property owned by a Third Party shall expire on the expiration of the term of the corresponding license agreement between such Third Party and H▇▇▇ (or its Subsidiary or its Affiliate), as the case may be.
HBIO hereby assigns and conveys to H▇▇▇, and agrees to cause its Affiliates and Subsidiaries to assign and convey to H▇▇▇, the Transferred Licenses, and H▇▇▇ hereby assumes from HBIO and its Affiliates and Subsidiaries the Transferred Licenses, in each case subject to the terms, conditions and restrictions of each such Transferred License.