Sale of Excluded Product Lines Sample Clauses

Sale of Excluded Product Lines. The Seller and the Thermo Parties shall cooperate in the process of (i) defining (to the extent not specified in Exhibit A) the assets and liabilities that comprise the Excluded Product Lines (as such term is defined in Section 2(c) of this Amendment) and allocating employees to the Excluded Product Lines, (ii) preparing one or more selling memoranda and other documents necessary to provide prospective purchasers with information about the Excluded Product Lines, (iii) locating prospective purchasers and discussing the Excluded Product Lines with prospective purchasers, (iv) facilitating due diligence review of the Excluded Product Lines by prospective purchasers, (v) negotiating purchase and sale agreements with prospective purchasers and (vi) conveying the assets and liabilities of the Excluded Product Lines to purchasers and otherwise facilitating an orderly transfer of the Excluded Product Lines to the purchasers thereof. Notwithstanding anything to the contrary in Exhibit A, the parties agree that the following employees (the "Excluded Product Line Employees") will be allocated to the Excluded Product Lines: (A) any employees whose responsibilities involve primarily the support of the Excluded Product Lines and (B) a percentage of the administrative (including, without limitation, clerical, human resources and accounting) employees at any Shared Building (as defined in Section 1(d)) equal to the ratio of the revenues generated from sales of Excluded Product Line products from such Shared Building to the revenues generated from sales of all products from such Shared Building. Notwithstanding the foregoing, the parties agree and acknowledge that the Seller shall bear primary responsibility for the sale of the Excluded Product Lines. In furtherance of, but without limiting, the foregoing, the Seller shall be responsible, at its expense, for drafting and negotiating purchase and sale agreements with prospective purchasers, preparing exhibits and schedules to such agreements, providing representations and warranties and indemnifications to such purchasers, ensuring compliance of such transactions with applicable laws and preparing any periodic reports relating to compliance with the Consent Order, the Hold Separate or the European Undertakings that are required to be submitted to the FTC under the Consent Order or to the OFT or FCO under the European Undertakings, including applications for divestiture. Such reports shall be provided to Buyer in sufficient...
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Related to Sale of Excluded Product Lines

  • Sale of Products Performance of Services

  • Combination Products If a LICENSED PRODUCT is sold to any third party in combination with other products, devices, components or materials that are capable of being sold separately and are not subject to royalties hereunder (“OTHER PRODUCTS,” with the combination of products being referred to as “COMBINATION PRODUCTS” and the Other Product and Licensed Product in such Combination Product being referred to as the “COMPONENTS”), the NET SALES of such LICENSED PRODUCT included in such COMBINATION PRODUCT shall be calculated by multiplying the NET SALES of the COMBINATION PRODUCT by the fraction A/(A+B), where A is the average NET SALES price of such LICENSED PRODUCT in the relevant country, as sold separately, and B is the total average NET SALES price of all OTHER PRODUCTS in the COMBINATION PRODUCT in the relevant country, as sold separately. If, in any country, any COMPONENT is not sold separately, NET SALES for royalty determination shall be determined by the formula [C / (C+D)], where C is the aggregate average fully absorbed cost of the Licensed Product components during the prior Royalty Period and D is the aggregate average fully absorbed cost of the other essential functional components during the prior Royalty Period, with such costs being determined in accordance with generally accepted accounting principles. To the extent that any SUBLICENSE INCOME relates to a COMBINATION PRODUCT or is otherwise calculated based on the value of one or more licenses or intellectual property rights held by the COMPANY, an AFFILIATE or SUBLICENSEE, COMPANY shall determine in good faith and report to THE PARTIES the share of such payments reasonably attributable to COMPANY’s or such AFFILIATE’s sublicense of the rights granted hereunder, based upon their relative importance and proprietary protection, which portion shall be the SUBLICENSE INCOME. THE PARTIES shall have the right to dispute such sharing determination in accordance with the dispute provisions of the AGREEMENT.

  • Product Trademarks BMS shall be solely responsible for the selection (including the creation, searching and clearing), registration, maintenance, policing and enforcement of all trademarks developed for use in connection with the marketing, sale or distribution of Products in the Field in the Territory (the “Product Marks”). BMS shall own all Product Marks, and all trademark registrations for said marks.

  • Competing Products The provisions of Section 21 are set forth on attached Exhibit H and are incorporated in this Section 21 by this reference.

  • Licensed Products Lessee will obtain no title to Licensed Products which will at all times remain the property of the owner of the Licensed Products. A license from the owner may be required and it is Lessee's responsibility to obtain any required license before the use of the Licensed Products. Lessee agrees to treat the Licensed Products as confidential information of the owner, to observe all copyright restrictions, and not to reproduce or sell the Licensed Products.

  • Combination Product The term “

  • Product Warranty; Product Liability (a) Except as set forth on Company Disclosure Schedule 4.23, the products produced, sold or delivered by the Company in conducting the Business have been in all material respects in conformity with all product specifications and all applicable Laws. To the Company’s Knowledge, the Company has no material Liability for damages in connection therewith or any other customer or product obligations not reserved against on the Balance Sheet.

  • Company Products Schedule 2.10(d) of the Company Disclosure Letter lists all Company Products, and for each such product or feature (and each version thereof) identifying its release date.

  • Marking of Licensed Products To the extent commercially feasible and consistent with prevailing business practices, Company shall xxxx, and shall cause its Affiliates and Sublicensees to xxxx, all Licensed Products that are manufactured or sold under this Agreement with the number of each issued patent under the Patent Rights that applies to such Licensed Product.

  • Licensed Product “Licensed Product” shall mean any article, composition, apparatus, substance, chemical material, method, process or service whose manufacture, use, or sale is covered or claimed by a Valid Claim within the Patent Rights. For clarity, a “Licensed Product” shall not include other product or material that (a) is used in combination with Licensed Product, and (b) does not constitute an article, composition, apparatus, substance, chemical material, method, process or service whose manufacture, use, or sale is covered or claimed by a Valid Claim within the Patent Rights.

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