PMI System definition

PMI System means the Artann’s prostate mechanical imaging system consisting of a 1) transrectal probe with pressure sensor arrays, 2) positioning system, 3) data processing unit, 4) real time imaging display, and 5) operating system, as generally outlined in the journal article entitled “Prostate Mechanical Imaging: A New Method for Quantitative Prostate Assessment” by ▇▇▇▇▇, et al.
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PMI System means the PMI System specified in Exhibit 4.
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Examples of PMI System in a sentence

  • It is understood that ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (“▇▇▇▇▇▇▇▇▇”) and ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ (“Egorov”) were significantly involved in development activities associated with the PMI System.

  • The License Royalty shall be due and payable only once per PMI System sold or distributed for use by PUC irrespective of the number of Probes and/or Sensors that may be utilized with that PMI System.

  • The PMI Documentation possessed by Artann on the Generation V PMI System is provided to ProUroCare upon confirmed receipt of the Up Front License Fee.

  • Toward that end, clinical testing regulatory approval and product refinement of the PMI System is indicated.

  • ProUroCare shall provide equity (i.e., shares of stock) in ProUroCare having a value of approximately One Million Dollars ($1,000,000.00) as a bonus if FDA approval for commercial sale of the Generation V PMI System is obtained within fifteen (15) months of the Effective Date of the Agreement.

  • ProUroCare shall pay Artann TBD Dollars for each requested pre-commercial Generation V PMI System and TBD Dollars for each commercial system.

  • Artann represents and warrants that the patents and patent applications on Exhibit A include all the patents and patent applications on or for the Generation V PMI System owned by Artann or under which Artann has rights and the PMI Documentation to which ProUroCare is granted the right to use for the Generation V PMI System.

  • The parties hereto acknowledge that it is the Parent's intent to sell BMLP, or the partnership interests therein, or the assets thereof, or the equity interests in one or more of the partners thereof, or the equity interest of BMC Holdings, Inc.

  • The license royalty for such Sensor License shall be Four Hundred Dollars ($400.00) per PMI System (the “License Royalty”) encompassing such Sensors which is commercially sold or distributed for use by PUC.

  • ProUroCare shall provide equity (i.e., shares of stock) in ProUroCare upon 1) submission of a 510(k) or PMA as outlined in Section 2.3 on the Generation V PMI System (the “510(k)”), or 2) March 15, 2010, whichever is later.

Related to PMI System

  • SDX System means the system used by NERC to exchange system data.

  • ▇▇▇▇▇ System means the ▇▇▇▇▇ filing system of the Commission and the rules and regulations pertaining thereto promulgated by the Commission in Regulation S-T under the Securities Act and the Exchange Act, in each case as the same may be amended or succeeded from time to time (and without regard to format).

  • MERS(R) System The system of recording transfers of Mortgages electronically maintained by MERS.

  • 911 System means the set of network, database and customer premise equipment (CPE) components required to provide 911 service.

  • Tank system means a hazardous waste storage or treatment tank and its associated ancillary equipment and containment system.