Palomar Products definition

Palomar Products means any product or system sold by Palomar or Palomar’s Affiliates, the manufacture, use, sale, offering for sale, or importation of which, absent a (sub)license granted by Syneron, would infringe a valid claim of the Group A Patents or Group B Patents. “Syneron Products” means any product in the Consumer Field sold by Syneron or Syneron Affiliates, (i) that uses broadband light sources (for clarity, broadband light sources exclude lasers) to remove hair, and (ii) the manufacture, use, sale, offering for sale, or importation of which, absent a sublicense granted by Palomar, would infringe a valid claim of the Xxxxxxxx Patents. As of the Effective Date, the Me My Elos product is a Syneron Product. “Territory” means the U.S. and its districts, territories and possessions. ** This material was omitted pursuant to a request for confidential treatment and was separately filed with the SEC on March 29, 2012. Royalty Payment: Syneron will pay running royalties on Syneron Products sold pursuant to the sublicense grant below. The royalties shall be calculated based on net sales of Syneron Products by Syneron or any of its Affiliates. The royalties on each Syneron Product shall be equal to (i) 5% of net sales with respect to aggregate net sales up to US $**; (ii) 6.5% of net sales with respect to aggregate net sales greater than US $** and up to US $**; and (iii) 7.5% of net sales with respect to aggregate net sales over US $**. For clarity, the foregoing aggregated net sales are determined over the collective term of this term sheet and the resulting definitive agreement (and are not, for example, determined on a year-to-year basis). ** This material was omitted pursuant to a request for confidential treatment and was separately filed with the SEC on March 29, 2012.
Sample 1
Palomar Products means any product, system, component, method, process or accessory, in each case that (i) uses (or is directly associated with a product or system that uses) light to treat skin, including hair removal, treatment of vascular and pigmented lesions, acne, wrinkles, scars and tattoos, and for other dermatological applications, and (ii) the manufacture, use, sale, offering for sale or importation of which, absent the (sub)licenses granted by Lumenis herein, would infringe a Valid Claim of the Lumenis Patents. For clarity and without any limitation, the products and systems listed on Exhibit G are Palomar Products in existence up to the Effective Date.
Sample 1

Examples of Palomar Products in a sentence

  • All suppliers to Palomar Products shall ensure that all products and services conform to AS9100D section 8.4.3, and all subcontractors to Palomar Products shall flow down to their subcontractors that all products and services conform to AS9100D section 8.4.3, which includes, but is not limited to, manufacturing parts as per drawings specifications, qualification of processes and persons, expiration, shelf life limitations, temperature control, and calibration.

  • They should accept all the Scope of work and agree to provide services as mentioned in tender document.

  • It is understood and agreed that the foregoing sublicense grant does not include any right to have made, have used, have sold, have offered for sale or have imported Palomar Products or otherwise to subcontract any Third Party to make, use, sell, offer for sale or import Palomar Products, except as set forth in Section 2.2(b).

  • Candela hereby grants to Palomar and its Affiliates a worldwide, perpetual, irrevocable, fully paid up, royalty-free, non-exclusive license, under the Candela Patents, to make, use, sell, offer for sale, export and import Palomar Products outside of the Consumer Field.

  • In this clause, the term Buyer shall include any customer of Palomar Products, Inc.52.246-16 Responsibility for Supplies, in which "Contractor” means Seller and "Government” means Buyer, except in paragraph (d) where "Government" means Government or Buyer.52.249-2 Termination for Convenience of the Government (Fixed-Price), in which "Contracting Officer" means Buyer's Purchasing Representative, and “Government" means Buyer except in paragraph (m).

  • Cynosure and Cynosure Affiliates hereby grant to Palomar and Palomar Affiliates a worldwide, perpetual, irrevocable, fully paid up, royalty-free, non-exclusive license or sublicense, as the case may be, under the Cynosure Patents, to make, have made, use, sell, offer for sale and import Palomar Products.

  • NOTE 14: Acquisitions and Divestitures Acquisitions On June 3, 2005, the Company acquired all of the outstanding capital stock of Palomar Products, Inc.

  • If electronic parts are being procured from a Palomar Products, Inc.

  • The foregoing (sub)license grant shall apply to all Palomar Products manufactured, used, sold, offered for sale or imported prior to, at and after the Effective Date.

  • DeyJ MalulekeC Larkin (ex officio) M BaileyG Abrahams G FroiseSG KhozaA SteenkampH van der Schyff REGISTERED OFFICE 68 Andre Avenue President Ridge Randburg2194 POSTAL ADDRESS P.O. Box 44945Linden Johannesburg 2104BANKERS ABSA Bank LimitedTAX REFERENCE NUMBER 9203544185 LEVEL OF ASSURANCE These annual financial statements have been independently reviewed in compliance with the applicable requirements of the Constitution of The Chartered Institute of Logistics and Transport of South Africa.

Related to Palomar Products

  • Your Products means products developed or to be developed by or for You that include an Intel Component executing the Materials. 2.

  • Hemp products means all products made from industrial hemp,

  • New Products means any product which is not an Enhanced Product or Existing Product but which is substantially similar to an of this Agreement, "New Product" or "New Products" shall mean any product which is not an Enhanced Product or 2 Existing Product but which is substantially similar to an Existing Product with respect to design and function and possesses reasonable performance improvements. If Company desires to purchase an Enhanced or New Product(s) from Supplier, Company shall so notify Supplier and provide Supplier the opportunity to manufacture such Enhanced or New Product(s), subject to the following conditions and procedures.

  • Licensed Products means tangible materials which, in the course of manufacture, use, sale, or importation, would be within the scope of one or more claims of the Licensed Patent Rights that have not been held unpatentable, invalid or unenforceable by an unappealed or unappealable judgment of a court of competent jurisdiction.

  • the Products means all products and associated documentation to be supplied under this Contract;

  • Tobacco products means cigars, cigarettes, cheroots, stogies, periques, granulated, plug cut, crimp cut, ready rubbed, and other smoking tobacco, snuff, snuff flour, moist snuff, cavendish, ping and twist tobacco, fine-cut and other chewing tobaccos, shorts, refuse scraps, clippings, cuttings and sweepings of tobacco, and other kinds and forms of tobacco, prepared in such manner as to be suitable for chewing or smoking in a pipe or otherwise, or both for chewing and smoking.

  • Other Products means all products and services, other than an Advance, Credit Product or Derivative Transaction, offered by the Bank to any Obligor from time to time, including correspondent banking services, mortgage purchase programs and affordable housing and community investment products and services.

  • Competing Products means any product or service in existence or under development that competes with any product or service of the Company Group about which the Participant obtained Confidential Information or for which the Participant provided advisory services or had sales, origination, marketing, production, distribution, research or development responsibilities in the last twenty-four (24) months of employment with the Company Group.

  • Finished Products means the fully assembled and shrink-wrapped Licensed Products, each including a Game Cartridge, Game Cartridge label and Printed Materials.

  • Cannabis products means cannabis that has undergone a process whereby the plant material has been transformed into a concentrate, including, but not limited to, concentrated cannabis, or an edible or topical product containing cannabis or concentrated cannabis and other ingredients.

  • Steel Products means products rolled, formed, shaped, drawn, extruded, forged, cast, fabricated or otherwise similarly processed, or processed by a combination of two or more or such operations, from steel made by the open heath, basic oxygen, electric furnace, Bessemer or other steel making process. The Purchasing Division Director may, in writing, authorize the use of foreign steel products if:

  • Licensed Fields of Use means the fields of use identified in Appendix B.

  • processed products means goods placed under a processing procedure which have undergone processing operations;

  • Licensed Field means all fields of use.

  • Red Hat Products means Software, Services, Subscriptions and other Red Hat branded offerings made available by Red Hat.

  • Third Party Products means the Third Party Software and Third Party Hardware.

  • Existing Products Tangible Products and intangible licensed Products which exist prior to the commencement of work under the Contract. Contractor retains the burden of proving that a particular product was existing before commencement of the Project. .

  • Licensed Product means any pharmaceutical product containing a Licensed Compound (alone or with other active ingredients), in all forms, presentations, formulations and dosage forms.

  • Products means information resources technologies that are, or are related to, EIR.

  • Tobacco product means any substance containing tobacco leaf, including but not limited to, cigarettes, cigars, pipe tobacco, hookah tobacco, snuff, chewing tobacco, dipping tobacco, bidis, blunts, clove cigarettes, or any other preparation of tobacco; and any product or formulation of matter containing biologically active amounts of nicotine that is manufactured, sold, offered for sale, or otherwise distributed with the expectation that the product or matter will be introduced into the human body by inhalation; but does not include any cessation product specifically approved by the U.S. Food and Drug Administration for use in treating nicotine or tobacco dependence.