IM Field definition
Examples of IM Field in a sentence
NDCHealth and Patriot each covenants and agrees that during the Term, it shall not (i) use the Network Data actually purchased by Client (or, during the first five (5) years of the Term, actually delivered to Client) to create, sell or deliver the IM Products in the IM Field, or (ii) license or sell any Network Data actually purchased by Client (or, during the first five (5) years of the Term, actually delivered to Client) to the IM Party for use in the IM Field.
Subject to the provisions of the second sentence of Section 2(a)(i), NDC Health and Patriot each covenants and agrees that during the first five (5) years of the Term, NDCHealth shall not use the NDC Proprietary Network, and Patriot shall not use a like network controlled by Patriot, to process data for use in the IM Field by any third party and thereafter for the remainder of the Term for use in the IM Field by the IM Party.
Notwithstanding anything to the contrary, Set-Up Tools are deemed to be Integrated Metrology Devices and to be within the IM Field, and Set-Up Tools are deemed to be excluded from the Stand-Alone Field.
Subject to the terms, conditions, and restrictions set forth in this Agreement and any limitations imposed by Applicable Laws, NDCHealth and Patriot hereby grant to Client an exclusive, world-wide, non-transferable (except to the extent this Agreement is transferred in accordance with its terms) license to the Network Data for use by Client in the IM Field, for a period of ten (10) years commencing on the Effective Date in accordance with terms and conditions of this Agreement.