Robotic System definition
Examples of Robotic System in a sentence
Borrower must promptly notify Agent of all returns (other than in connection with exchanges that do not involve product quality), recoveries, disputes, recalls and claims with respect to catheters, the Sensei Robotic System, or the Magellan Robotic System that individually or in the aggregate involve in any calendar year more than (x) Two Hundred Fifty Thousand Dollars ($250,000) with respect to catheters or (y) one unit with respect to either the Sensei Robitic System or the Magellan Robotic System.
For the sake of clarity, the Field of Activity would be deemed to include technologies, methods, processes developed by the Company, including but not limited to, design and development, manufacturing and assembly of Surgical Robotic System, Instruments and Accessories for Surgical Robotics, Application of Robotics in Medicine, and application of Immersive technologies (Augmented Reality, Virtual Reality and the like) in medicine developed by the Company.
Efforts pursuant to this Paragraph 3(b) shall be in partial consideration for the use of the Robotic System during the term hereof and shall be uncompensated unless provided for under Paragraph 4(b).
In addition, CMI will not be estopped from utilizing written technical information relating to the Technology or the Robotic System which may be developed solely by HMC or jointly by both parties.
Such report shall be presented to CMI not more than forty-five (45) days after the origination of the idea or concept relating to the Robotic System or the Technology.
A Production Version of the Robotic System is defined as a system which has received all required federal regulatory approvals and is being actively marketed on the open market.
The Robotic System and all materials provided to HMC by CMI under this Agreement shall be returned promptly to CMI upon the termination of this Agreement.
The Parties recognize that in order for ISRG successfully to develop the Device and integrate the Device with a Robotic System, ISRG will require the assistance from PMII as expressly specified in the Statement of Work attached to this Agreement.
TransEnterix shall own all right, title and interest in and to the following Project Technology: (i) all Project Technology, and all Intellectual Property Rights therein, relating to Interface Features (defined below), and (ii) all Project Technology, and all Intellectual Property Rights therein, that is an improvement to, a derivation of, or in the Robotic System (“TransEnterix Project Technology”).
Microline covenants and agrees that it shall promptly refer all inquiries regarding the FSP Product for use with the Robotic System in the Field to TransEnterix.