Accelrys Business definition

Accelrys Business means the development and commercialization of molecular modeling and simulation software for the life sciences and materials research markets, cheminformatics and decision support systems, and bioinformatics tools including gene sequence analysis.
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Examples of Accelrys Business in a sentence

  • Prior to the Distribution, Pharmacopeia and PDD shall have consummated those other transactions in connection with the Corporate Restructuring Transactions and the Distribution that are contemplated by the Information Statement and not specifically referred to in Sections 1.1 through 1.9 above; provided, however, that such other transactions do not, individually or in the aggregate, materially adversely affect the Accelrys Business.

  • Pharmacopeia and PDD hereby agree that any one or more of the Corporate Restructuring Transactions may be modified, amended, supplemented or eliminated; provided such modification, amendment, supplement or elimination (a) is necessary or appropriate to divide the existing business of Pharmacopeia so that the PDD Business shall be owned, directly or indirectly, by PDD, and (b) does not, individually or in the aggregate, materially adversely affect the Accelrys Business.

  • Subject to the provisions of Section 1.14 below, any Inventory, Machinery or Books to which any party hereto (or any other member of such party’s Group) is a party that inures to the benefit of both the Accelrys Business and the PDD Business is hereby assigned in part so that each party (or such other member of such party’s Group) is entitled to the rights and benefits inuring to its business under such Inventory, Machinery and Books.

  • Subject to the provisions of Section 1.14 below, any intellectual property to which any party hereto (or any other member of such party’s Group) is a party that inures to the benefit of both the Accelrys Business and the PDD Business is hereby assigned in part so that each party (or such other member of such party’s Group) is entitled to the rights and benefits inuring to its business under such intellectual property.

  • Subject to the provisions of Section 1.14 below, any Remaining Assets to which any party hereto (or any other member of such party’s Group) is a party that inures to the benefit of both the Accelrys Business and the PDD Business is hereby assigned in part so that each party (or such other member of such party’s Group) is entitled to the rights and benefits inuring to its business under such Remaining Assets.

  • Subject to the provisions of Section 1.14 below, any license or permit to which any party hereto (or any other member of such party’s Group) is a party that inures to the benefit of both the Accelrys Business and the PDD Business is hereby assigned in part so that each party (or such other member of such party’s Group) is entitled to the rights and benefits inuring to its business under such agreement.

  • Subject to the provisions of Section 1.14 below, any agreement to which any party hereto (or any other member of such party’s Group) is a party that inures to the benefit of both the Accelrys Business and the PDD Business is hereby assigned in part so that each party (or such other member of such party’s Group) is entitled to the rights and benefits inuring to its business under such agreement.

  • Subject to the provisions of Section 1.14 below, any agreement to which any party hereto (or any other member of such party's Group) is a party that inures to the benefit of both the Accelrys Business and the PDD Business is hereby assigned in part so that each party (or such other member of such party's Group) is entitled to the rights and benefits inuring to its business under such agreement.

  • Subject to the provisions of Section 1.13 below, any license or permit to which any party hereto (or any other member of such party's Group) is a party that inures to the benefit of both the Accelrys Business and the PDD Business is hereby assigned in part so that each party (or such other member of such party's Group) is entitled to the rights and benefits inuring to its business under such agreement.

  • Subject to the provisions of Section 1.14 below, any intellectual property to which any party hereto (or any other member of such party's Group) is a party that inures to the benefit of both the Accelrys Business and the PDD Business is hereby assigned in part so that each party (or such other member of such party's Group) is entitled to the rights and benefits inuring to its business under such intellectual property.