Common use of Strategic Transactions Clause in Contracts

Strategic Transactions. For the avoidance of any doubt, in the event that HXXX or the HXXX Business is acquired by an Acquiror: (a) such acquisition shall not constitute a violation of Article IX, even if the Acquiror’s business is outside the scope of the HXXX Business; and (b) such Acquiror shall only be subject to Section 4.2 with respect to New HXXX Technology developed with respect to its operation of the HXXX Business, and shall expressly not be subject to Section 4.2 with respect to all Intellectual Property, Technology and related Know-How developed by the Acquiror in its other business operations outside of the HXXX Business.

Appears in 5 contracts

Samples: Intellectual Property Matters Agreement (Harvard Apparatus Regenerative Technology, Inc.), Intellectual Property Matters Agreement (Harvard Bioscience Inc), Intellectual Property Matters Agreement (Harvard Apparatus Regenerative Technology, Inc.)

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