Palomar Affiliate definition
Examples of Palomar Affiliate in a sentence
Palomar shall impose the foregoing covenant on any Third Party to which Palomar or any Palomar Affiliate may after the Effective Date Transfer any Subject Palomar Claims in the Professional Field along with the right to enforce the same in the Professional Field.
Except as otherwise expressly provided herein, any amounts or other consideration owed by Palomar to any Third Party or Palomar Affiliate on account of the sublicense grant to Cutera and Cutera Affiliates set forth in Section 2.1 shall be the sole responsibility of Palomar.
It is understood and agreed that (i) the foregoing sublicense grant automatically extends, without any further action by Palomar or any Palomar Affiliates, to each person and entity that is a “Palomar Affiliate” as of the Effective Date or becomes a “Palomar Affiliate” thereafter, but only for so long as such person or entity remains a “Palomar Affiliate” hereunder, and (ii) Cynosure shall be in direct privity under this Agreement with any Palomar Affiliate as a result of such sublicense grant.
Except as otherwise expressly provided herein, any amounts or other consideration owed to any Third Party or a Palomar Affiliate, in the case of Palomar, or to any Third Party, in the case of Cynosure or any Cynosure Affiliate, on account of the grant of the (sub)licenses contained in this Section 2 shall be the sole responsibility of the Party granting the (sub)license.
Palomar shall be responsible to Cynosure for the performance of any Palomar Affiliates and Palomar Sublicensees under any provisions of this Agreement for which Palomar or any Palomar Affiliate is responsible, even if such person or entity is also responsible to Cynosure.
To accomplish this objective, the Parties agree to adhere to the following procedures if and when a dispute arises under this Agreement: by a written notice sent by a Party, any such disputes shall be first referred to executive officers designated by each affected Party (plus Cynosure if the affected Party is a Cynosure Affiliate or Palomar if the affected Party is a Palomar Affiliate) (the date of such notice, the “Dispute Notice Date”).
Palomar may assign, convey, sell, lease, encumber, license, sublicense or otherwise transfer to or grant any right in or to (collectively, “Transfer”) a Third Party or Palomar Affiliate any and all of the A▇▇▇▇▇▇▇ Patents or the MGH Agreement, provided that any such transaction is made subject to the sublicense grant to A▇▇▇ and A▇▇▇ Affiliates set forth in Section 2.1 and shall not impose any additional obligations on A▇▇▇ or A▇▇▇ Affiliates.
Palomar may assign, convey, sell, lease, encumber, license, sublicense or otherwise transfer to or grant any right in or to (collectively, “Transfer”) a Third Party or Palomar Affiliate any and all of the ▇▇▇▇▇▇▇▇ Patents or the MGH Agreement, provided that any such transaction is made subject to the sublicense grant to ▇▇▇▇ and ▇▇▇▇ Affiliates set forth in Section 2.1 and shall not impose any additional obligations on ▇▇▇▇ or ▇▇▇▇ Affiliates.
Palomar shall impose the foregoing covenant not to ▇▇▇ on any Third Party to which Palomar or any Palomar Affiliate may after the Execution Date Transfer any of the Palomar Patents with respect to the Professional Field along with the right to enforce the same in the Professional Field to the extent applicable to the Laserscope Products.
Except as otherwise expressly provided herein, any amounts or other consideration owed by Palomar to any Third Party or Palomar Affiliate on account of the sublicense grant to Laserscope and Laserscope Affiliates set forth in Section 2.1 shall be the sole responsibility of Palomar.