PLX Development definition
Examples of PLX Development in a sentence
The term of this Contract shall be as specified in the Declarations Section.
UTC shall provide prior written notice and consult with Pluristem regarding such PLX Development which notice shall include the scope of such PLX Development and keep Pluristem reasonably informed of the status and results of such development.
Notwithstanding the foregoing, if Pluristem conducts any clinical trials for or Commercializes any products incorporating the results of the PLX Development or PLX Development IP outside the Field, then UTC may conduct any clinical trials for or Commercialize any products incorporating such results of the PLX Development or exploiting such resulting PLX Development IP in the Field.
Neither Party shall, without the written agreement of the other Party, conduct any clinical trials for or Commercialize any products incorporating the results of the PLX Development or exploiting PLX Development IP in the Field.