Improved Product definition

Improved Product means any non-genetically modified autologous fibroblast product in the Field that is created, produced, identified, or modified in whole or in part by or on behalf of Fibrocell during the Term using Intrexon Channel Technology, Intrexon IP, or the Intrexon Materials under the Fibroblast Program to improve the formulation or production process of the Existing Product.

Improved Product means any and all new developments or versions of the Licensed Product delivered to Licensee under this Agreement.

Improved Product means any product that (a) is a new version, model and/or other improvement of, and (b) has the same basic functionality as, an existing HD Product, Water Purification Product and/or IC Product set forth on Exhibit 1 as of the Effective Date.

Examples of Improved Product in a sentence

• From time to time during the Term, Intrexon shall have the right to obtain from Fibrocell samples of Fibrocell Product or Improved Product sold by Fibrocell or its Affiliates or sublicensees, or other items which reflect public uses of the Intrexon Trademarks or patent markings, for the purpose of inspecting the quality of such Fibrocell Products or Improved Products, the use of the Intrexon Trademarks, or the accuracy of the patent markings.

• In the final rule response, CMS indicated that it will be finalizing the proposed rule change supported by AHCA.

• For three (3) years after each sale of Fibrocell Product or Improved Product, or after incurring any component item Fibrocell incorporated into its calculation of Net Sales as reported to Intrexon, Fibrocell shall keep (and shall ensure that its Affiliates and, if applicable, (sub)licensees shall keep) complete and accurate records of such sales or component item in sufficient detail to confirm the accuracy of the payment calculations hereunder.

• Ryan, Value of Improved Product Condition Information to Product-Based Service Providers, AT&T Foundation, Jan – Dec 2007.

• As used above, the term "substantial risk" means that the claims of such third-party patent cover, the manufacture, use or sale of an Initial Product or Improved Product that comprises the Lung Sealant Formulation or the Dural Sealant Formulation.

More Definitions of Improved Product

Improved Product means any and all new developments or versions of the Product made by Licensor, including, but not limited to, new therapeutic indications for use, and developments intended to enhance the safety and efficacy of the Product; provided that the only oncotic agent is a High Molecular Weight Hetastarch, and the Improved Product is indicated for Normothermic Use as a plasma volume expander or as a blood replacement, excluding Total Body Washout.

Improved Product means any product that consists of (a) the Lung Sealant Formulation or the Dural Sealant Formulation and a Focal Delivery System or an Ethicon Delivery System, or (b) an Improved Formulation and Delivery System 1, the VATS Delivery System, a Focal Delivery System or an Ethicon Delivery System.

Improved Product means [***]. “Improved Product” includes in particular [***], but excludes any [***].

Improved Product means a variant (including, without limitation, all upgrades and downgrades) of a Product, which variant (a) is not in existence as of the date of this Agreement, and (b) has at least fifty percent (50%) of the total number of its Components in common with the Product upon which such variant is based; Improved Products shall become Products and shall be governed as such under the terms and conditions of this Agreement only as provided in Section 4.9 hereof.

Improved Product means any and all modifications, improvements, additions, alterations, or refinements to a Product, whether patented or unpatented, (i) that relate solely to the detection of antibodies to HIV-1 or HIV-2, (ii) are subject to a Regulatory Approval that permits the Product, as so modified or improved, to be marketed and sold in the Segments in the Territory and (iii) that OraSure has the right to market in the Territory; provided that a New Product shall not constitute an Improved Product.

Improved Product means any and all new developments or versions of the Product made by Licensor, including, but not be limited to, new therapeutic indications for Normothermic Use, and developments intended to enhance the safety and efficacy of the Product in Normothermic Use.

Improved Product means any and all new developments or versions to the Current Product, that are made by or on behalf of either Party, including, but not limited to, Combination Products, New Indications, new formulations, new dosage forms, or new regimens and developments intended to enhance the safety and/or efficacy of the Product.