Applicable Business definition
Examples of Applicable Business in a sentence
All information will be provided on a confidential basis (subject to Section 5 below) for purposes of general coordination in support of both parties’ Applicable Business Areas.
The parties will hold periodic meetings at least once every six (6) months after the Effective Date to review and update the status of on-going product development activities of the parties concerning their respective Applicable Business Area and discuss additional areas for cooperation between the parties.
All information will be provided on a confidential basis (subject to Section IV below) for purposes of general coordination in support of both parties’ Applicable Business Areas.
The rights and obligations set forth in Section II of this Agreement apply only with respect to the Applicable Business Area of each party.
The receiving party will have the right, but not the obligation, to use such opinion, suggestion or proposal for its applicable products and Applicable Business Area in its sole discretion, subject to any conditions or restrictions mutually agreed prior to disclosure and subject to continued compliance with all of the terms and conditions of this Agreement and the License Agreement.