MMRI definition
Examples of MMRI in a sentence
Molecular Medicine Research Institute ("MMRI") and Amarantus Therapeutics,Inc.
During the time that Amarantus has personnel and equipment at MMRI, Amarantus shall maintain in full force and effect (and provide MMRI evidence of coverage as may be requested from time to time) of Worker's Compensation insurance, Employers liability insurance (no less than $lMM in limits) and general liability coverage (coverage should be $1MM per occurrence and $2MM in aggregate) which shall include non-owned and hired auto liability coverage.
MMRI PROVIDES NO WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.
Amarantus shall review any such paper and give its comments to the author and MMRI promptly.
MMRI agrees that any invention, method, process, trade secret, or know-how conceived or first reduced to practice in the performance of its responsibilities by MMRI or its employees, alone or jointly with others, together with all Intellectual Property related thereto (collectively, "Inventions"), shall be, and remain, at all times the sole and exclusive property of Amarantus and MMRI hereby agrees to assign to Amarantus its entire right, title and interest in all Inventions.
With respect to property loss and damage coverage, at Amarantus's request, MMRI will seek to obtain such coverage on your behalf and, upon approval of the coverage and the premium, will obtain such coverage and shall pass the costs thereof through to you.
The foregoing nondisclosure obligations shall not apply to Confidential Information that MMRl can establish by competent written proof: (i) was in the public domain at the time of disclosure; (ii) after disclosure, becomes part of the public domain other than by breach of this Agreement by MMRI; or (iii) was in MMRI's possession in documentary form at the time of disclosure.
If MMRI is unable to obtain reasonable coverage at a reasonable cost agreeable to you, it will require you to obtain the same level of coverage yourself and at your cost.
MMRI shall perform any and all acts necessary to assist Amarantus in perfecting its rights to any and all such Inventions; to the extent that this requires significant work by MMRI or its staff, Amarantus will reimburse MMRI for such work at MMRI's reasonable consulting rates.
MMRI employees and researchers involved in the Sponsored Research Agreement with Amarantus shall keep complete, accurate and authentic accounts, notes, data and records of the research performed under this Agreement and all results thereof.