Professional Product definition

Professional Product which is a cardiac risk prediction system (or component thereof) which is marketed in the Professional Field or Other Medical Field.

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Professional Product means [ * ]

Professional Product means any product substantially in the form marketed and sold by Licensor and ▇▇▇▇▇▇▇ Medical, LLC as of the Effective Date, that (a) contains Sponge, (b) is intended only for topical use in humans, (c) does not require Regulatory Approval by a Regulatory Authority for commercial sale or use in humans in any country in the Territory, (c) is not a “drug” as defined in Sec. 201(g)(I) of the Act, and (d) is marketed, promoted, sold or used under the supervision of licensed skin care professionals, as verified by Licensor, including medical doctors, medical nurses, physician assistants, aestheticians, and cosmetologists, specifically for cosmetic procedures of the skin, including but not limited to skin resurfacing, skin debriding, skin conditioning, skin rejuvenation and the prevention and maintenance of aging, hyperpigmentation, scars and bruises, whether for use in such skin care professional’s office, or as recommended by such skin care professional, for at home use. For the avoidance of doubt, Licensor and ▇▇▇▇▇▇▇ Medical, LLC may only sell products directly to licensed skin care professionals for in-office use or for resale to patients.” The following definitions are hereby added to the License Agreement:

Examples of Professional Product in a sentence

Licensed Professional Product with one of Encoder or Decoder function.
Upon due and timely payment of such one-time fee, the Licensed Fields, as defined in Section 1.11 above, will be deemed to include the Laboratory Field, and the Licensed Products, as defined in Section 1.13 above, will be deemed to include a cardiac risk prediction device or component thereof developed for and intended for sale in the Laboratory Field, provided that such inclusions shall not obligate IMI to develop any Licensed Product independent of any existing Consumer Product or Professional Product.
M-Files Standard and Professional Product Editions: Restriction Limit Max.
Ğ͛Ɛ ŶŽŶ Licensed Professional Product with one of Encoder or Decoder function.
For purposes of this Section 4.1, a unit of a Professional Product shall consist of one canister of any size containing the applicable number of applicators, in each case as indicated in Exhibit 1 attached to this Amendment, which is manufactured, assembled and packaged in accordance with the Specifications and the Original Agreement.
Firework Show with 1.4g and 1.4 Professional Product and will last for 12 minutes.
Firework Show with 1.4g and 1.4 Professional Product and will last for 9-10 minutes.
You agree to immediately complete a Service Professional profile on the ▇-▇▇▇▇▇.com website upon signing up for a Service Professional Product and to populate such profile with as much information as possible.
The Firework Shows with 1.4g and 1.4 Professional Product will include a 10-minute nighttime display.
Excepting only the payment obligations noted in the prior sentence, neither party shall be liable to the other for any loss, damages, cost or expense incurred by the other party by reason of the party’s termination of a Professional Product line or of this Agreement consistent with the terms of this Agreement, whether such termination is with or without cause.

More Definitions of Professional Product

Professional Product means any product substantially in the form marketed by Licensor as of the Effective Date, that (a) contains Sponge, (b) is intended only for topical use in humans, (c) does not require Regulatory Approval by a Regulatory Authority for commercial sale or use in humans in any country in the Territory, (d) is not a “drug” as defined in Sec. 201(g)(1) of the Act, and (e) is marketed, promoted, sold or used by Third Parties for use solely by or under the supervision of licensed skin care professionals, as verified by Licensor, including medical doctors, medical nurses, physician assistants, aestheticians, and cosmetologists, specifically for in-office cosmetic procedures of the skin, including but not limited to skin resurfacing, skin debriding, skin conditioning, skin rejuvenation and the prevention and maintenance of aging, hyperpigmentation, scars and bruises.