Acquired Product definition

Acquired Product means any Product of the type described in clause (b) of the definition thereof and/or related IP Rights acquired or licensed by a Note Party or any of its Wholly-Owned Subsidiaries from a Third Party to facilitate the advertisement, development, importing, manufacturing, marketing, offering for sale, promotion, sale, testing, use or distribution of such Product by a Note Party or a Wholly-Owned Subsidiary.
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Acquired Product shall have the meaning set forth in Section 4.3.
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Acquired Product means any product that contains, or otherwise incorporates, an Acquired Compound.
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Examples of Acquired Product in a sentence

  • There are no other assets of Seller that relate to the Acquired Product other than the Intellectual Property, and Seller does not have any other substantial intellectual property that is not included in the Intellectual Property being transferred to Buyer hereunder, and no director or executive officer of Seller has any substantial intellectual property related to the Acquired Product that is not included in the Intellectual Property being transferred to Buyer hereunder.

  • If after such meeting Seller continues to believe that Buyer is not so developing or commercializing the Acquired Product, it may initiate arbitration proceedings, in the manner provided herein, regarding Buyer's efforts.

  • Upon FDA approval for over-the-counter ("OTC") marketing and sales of the Acquired Product for the treatment of hemorrhoids, Buyer shall issue to Seller shares of Common Stock having a Payment Date FMV of $5,000,000.

  • If Seller believes that Buyer is not so developing or commercializing the Acquired Product, it may notify Buyer, and the parties shall promptly meet and confer regarding Buyer's development and commercialization efforts.

  • After the Closing, Buyer will undertake commercially reasonable efforts for a product of similar commercial potential as the Acquired Assets, consistent with Buyer's other business opportunities, financial condition, prospects and commercial business judgment, to develop and commercialize the Acquired Product in a reasonably timely manner.


More Definitions of Acquired Product

Acquired Product collectively means Prototypes, Preproduction Units and Production Unit (respectively defined hereunder) that Seller may design, develop and/or supply to Buyer. Acquired Product comprises hardware and/or software including but not limited to Equipment, Options, Consumables, Spare Parts, print servers, finishing module, publications, firmware and embedded Software.
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Acquired Product means any product or product candidate of Seller relating to treatment of anal fissures or hemorrhoids, including without limitation Seller's product candidate currently named "Anogesic" for the treatment of anal fissures, hemorrhoids and certain other conditions.
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Acquired Product means any product for which BioChem, BV or TII has exercised the Product Option granted hereunder.
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Acquired Product means any product for which BioChem or a BioChem Affiliate has exercised the Product Option granted pursuant to the Product Option Agreement.
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Acquired Product means Xx Xxxx'x Personal Medical Record System ("PMR") (including all present and predecessor versions thereof and all works in progress relating to its correction, enhancement or modification), including both source code and object code versions and all supplements, enhancements and modifications thereto created by EHC or otherwise, and all audio and/or visual elements. In addition, Acquired Product includes the framework used for the development of PMR, whether stand-alone or web based. HMI hereby acknowledges that the PMR has not been completed and is not a fully functional software program.
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Acquired Product. (PRODUIT ACQUIS) means any product for which BioChem has exercised the Product Option granted pursuant to the Product Option Agreement. 3 "AVAILABLE FUNDS" (FONDS DISPONIBLES) means, as of any date of determination, all of the funds contributed or paid to the Corporation by BioChem as of such date, plus any investment income earned thereon, less (i) the aggregate amount of all Research and Development Costs paid or incurred by the Corporation as of such date; (ii) the aggregate reasonable ongoing administrative expenses and income taxes paid (less income taxes refunded) or incurred by the Corporation as of such date; (iii) the aggregate amount of all Technology Fee payments paid or incurred by the Corporation as of such date; and (iv) the aggregate amount of all payments paid or incurred by the Corporation under the Services Agreement as of such date.
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Acquired Product means the sum of (i) the product of (A) 3.0, times (B) the Reporting Revenues of the Acquired Corporations generated during the Calculation Period, plus (ii) the product of (C) 1.0, times (D) the sum of the Collection Revenues and the Other Business Revenues of the Acquired Corporations generated during the Calculation Period (such Reporting Revenues, Collection Revenues and Other Business Revenues of the Acquired Corporations to be calculated taking into account the provisions of Paragraph 9 (a) of this Agreement);
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