Specific binding definition

Specific binding as used in this Section, means an interaction between two (2) molecules that: (x) becomes saturated as the concentration of one (1) of the molecules is increased with respect to the other; and (y) can be competed with the other molecule or an excess of the same molecule unlabeled. In the event (i) RECAF is known as another molecule known in the public domain, and (ii) Inverness does not have a product for sale or a technology already licensed to others based on said molecule as of the Effective Date, and (iii) Inverness decides to develop and commercialize a product or a technology based on said molecule specifically pertaining to the Field, then such product or technology shall be deemed a Product subject to the terms and conditions of this Agreement.
Specific binding as used in this Section 1.16, means an interaction between two (2) molecules that: (x) becomes saturated as the concentration of one (1) of the molecules is increased with respect to the other; and (y) can be competed with the other molecule or an excess of the same molecule unlabeled. In the event (i) RECAF specifically binds to another molecule known in the public domain, (ii) Abbott does not have a product for sale or a technology already licensed to others based on said molecule as of the Effective Date, and (iii) Abbott decides to develop and commercialize a product or a technology based on said molecule specifically pertaining to the field of cancer diagnostics, then such product or technology shall be deemed a Product subject to the terms and conditions of this Agreement.

Related to Specific binding

  • Specific Terms The terms and conditions as set out in clause 34 onwards which apply in respect of the specific Equipment hired by the Customer.

  • Specific Terms and Conditions means the specific terms and conditions as described in section 6.1 (and, in relation to an Agreement between Envestra and a Network User, means the Specific Terms and Conditions which form part of that Agreement).

  • Specific Plan means the Sunset Specific Plan.

  • Contract Material means all material created or required to be developed or created as part of, or for the purpose of performing, the Services, including documents, equipment, information and data stored by any means.

  • Specifications means the specifications of the service included in the Tendering Document submitted by the Service Provider to the Procuring Entity