RECAF definition
Examples of RECAF in a sentence
Within thirty (30) days of the Effective Date, BioCurex shall use commercially reasonable efforts to deliver to Inverness additional reference reagents, assay kits, monoclonal antibody and antigen for RECAF in such sufficient quantities as Inverness may reasonably request until such time that Inverness is able to produce RECAF Material in sufficient quantities to support its Research and Development and other commercialization efforts.
BioCurex shall place any appropriate temperature, pressure, and/or shock indicators in any shipment of RECAF Material to insure the common carrier's conformance with shipping instructions and restrictions, such as temperature or handling.
If establishment of the RECAF Material delivered to Inverness under this Article is unsuccessful, as determined solely by Inverness using the criteria of the previous Section, BioCurex hereby agrees to use commercially reasonable efforts to provide additional quantities of RECAF Material in such amounts as Inverness may reasonably request until such time that Inverness is able to produce RECAF Material in sufficient quantities to support its Research and Development and other commercialization efforts.
Upon each successful transfer of RECAF Material in accordance with this Article, Inverness shall promptly provide BioCurex with written notification thereof.
Abbott shall have the exclusive right to grant to Third Parties a sublicense under the Patent Rights, RECAF Technology and RECAF Material to engage in the Commercial Sale of Product (any such Third Party sublicensee of Abbott shall hereinafter be referred to as a "Commercial Sale Sublicensee").
Each Party shall have the right to independently exploit such Joint Invention, provided that such Joint Invention does not pertain to Patent Rights, RECAF Technology or RECAF Materials.
In the event such Joint Invention does pertain to Patent Rights, RECAF Technology or RECAF Materials, the treatment of such Joint Invention shall be consistent with the terms and conditions set forth in this Agreement.
Further, BioCurex hereby grants to Abbott and its Affiliates, subject to the terms and conditions of this Agreement, a semi-exclusive license, with the right to grant sublicenses to Third Parties, to make, have made, use, offer for sale, sell, have sold and import Product under the RECAF Technology and RECAF Material in the Field of Use in the Territory.
The Feasibility Review hereunder shall involve the performance evaluation of three (3) prototype lots RECAF assays manufactured in a site approved by the applicable Abbott management team.
As long as BioCurex retains such right, BioCurex shall have the right to grant to only one (1) Third Party (hereinafter, "Third Party Semi-Exclusive Licensee") a license under the Patent Rights, RECAF Technology and RECAF Material to engage in the Commercial Sale of Product in the Field of Use in the Territory (in addition to the license grant to Abbott set forth in Section 2.1(a)).