Biological Assets definition
Biological Assets means the assets in Exhibit 1, Exhibit 2, Exhibit 3, the Elanco Derivative Assets and the Diamond Derivative Assets, including but not limited to seeds, master seeds, working seeds, cell stocks, master cell stocks, working cell stock, antigens, reagents, critical reagents, challenge materials and assays.
Biological Assets shall have the meaning as defined in the APA.
Biological Assets means live plants and animals. The common examples of biological assets include animals such as goats, sheep, cows, buffaloes, calves, and fish. Biological assets include plants such as vegetables, crops, vineyards, trees, micro-organisms and fruit orchards.
Examples of Biological Assets in a sentence
Except as provided in Section 2.1(b), Diamond shall retain physical possession, without further consideration, on behalf of Elanco in accordance with this Agreement of the Biological Assets, provided that Diamond takes all reasonable actions to properly store, handle and maintain same, until termination pursuant to Section 2.3 or Section 7.2.