MICRO BEEF definition
Examples of MICRO BEEF in a sentence
MICRO BEEF TECHNOLOGIES wishes to acquire the license rights to sell and distribute these Tests.
This paragraph concerns the resolution of any controversies or claims between GENETHERA and MICRO BEEF, whether arising in contract, tort or by statute, including but not limited to controversies or claims that arise out of or relate to (i) this Agreement (including any renewals, extensions or modifications); or (ii) any document related to this Agreement (collectively a "Claim").
GENETHERA hereby grants to MICRO BEEF the exclusive right to distribute and sublicense the Tests, subject to the following conditions and limitations: o GENETHERA for its sole use and enjoyment and for the benefit of others shall retain and reserve the non-exclusive right to sublicense the Tests for its own Modular Unit Workstations from MICRO BEEF on terms no less favorable than those granted to third parties by MICRO BEEF.
In no event shall MICRO BEEF be required to provide any minimum level of sales force materials, staff or advertising, unless it is the approved Marketing Plan approved in writing by both of the Parties.
If GENETHERA takes action to enforce its exclusive rights against a sub-licensee of MICRO BEEF, GENETHERA shall bear all costs related thereto and shall retain in its entirety any damages or award that it receives from such action.
GENETHERA shall set the price of the Tests in consultation with MICRO BEEF and provided that such price shall ensure that MICRO BEEF will receive a xxxxx gross profit margin on its distribution and sub-licensing of the Tests.
If MICRO BEEF declines or fails to take any action, GENETHERA shall have authority to take action in MICRO BEEF's name and MICRO BEEF consents to being named as a party to enable such action.
Such permission will not reasonably be withheld such that it would negatively impact the MICRO BEEF sales and marketing efforts.
GENETHERA will be paid xxxxx plus xxxxx and MICRO BEEF shall retain xxxxx sales price).
MICRO BEEF shall pay GENETHERA for its sub-licensed Modular Unit Workstations the cost of materials (primers, fluorogenic probes, nucleic acid extraction reagents, consumable plastic ware, enzymes, equipment lease, operating technicians, and ot▇▇▇ required instruments or devices, etc.) for each test - assay performed plus xxxxx of the sale price of each test sold.