Severable Improvements definition

Severable Improvements means Improvements that do not fall within the scope of a claim of any of the Patent Rights;

Severable Improvements means any fixtures, alterations, improvements, modifications or additions (i) that are not required to be made to comply with Legal Requirements or Insurance Requirements, and (ii) that can be removed from the applicable Property without (x) causing damage to such Property that cannot be readily repaired by the Lessee or (y) materially impairing the value, utility or useful life of such Property from that set forth in the Appraisal thereof delivered on the Restatement Effective Date.

Severable Improvements means such improvements and enhancements to the processes, whether patentable or not, (i) generated by or on behalf of Patheon, alone or jointly with Tricida, (ii) during the course of the Services, (iii) that are not specially adapted to the manufacture of API, an API intermediate, a product containing API, or a polymer having the capability to [***], and (iv) can be used outside the Field. For the purposes of this definition, the services performed under obligations under the K1 Contract, K2 Contract, K3 Contract, and K4 Contract shall be deemed to be during the course of the Services for purposes of this definition and this MDA.

Examples of Severable Improvements in a sentence

• The construction, operation and use of Severable Improvements by an Operator shall not impair or interfere with the use of Shared Assets by CRC or the other Operator, nor shall any Severable Improvement conflict with any pending capital improvements included in an approved Capital Expenditure Budget.

• Each Operator shall retain title to all Severable Improvements exclusively funded by such Operator.

• At any time during the term of this Agreement, an Operator may remove (at its sole expense) any Severable Improvement which it exclusively funded, provided that such Operator has repaired (at its sole expense) any damage to a Shared Asset caused by such removal and has restored the related Shared Assets substantially to their condition at the time such Severable Improvements were made.

• If the Owner Lessor does not elect to purchase such Optional Improvements which are Severable Improvements, the Facility Lessee may, and at the request of the Owner Lessor shall, remove such Improvements at the end of the Facility Lease Term.

• All components which are added to any Property (other than Severable Improvements not financed by Fundings) shall immediately become the property of, and title thereto shall vest in, Lessor, and shall be deemed incorporated in such Property and subject to the terms of this Lease as if originally leased hereunder.

More Definitions of Severable Improvements

Severable Improvements means severable improvements to or for the benefit of the Arena and its patrons and whether on the property of the City, the Manager or an Affiliate of Manager.

Severable Improvements means such improvements and enhancements to the Manufacturing Technology, generated by or on behalf of SWI during the course of the performance of the Agreement that are not Non-Severable Improvements.

Severable Improvements means an Improvement to the Sepracor Technology which is capable of exploitation independently of the Sepracor Technology Controlled by Sepracor or its Affiliates as of the Effective Date and during the Term of this Agreement.

Severable Improvements means alterations, additions, upgrades, and improvements to the Equipment that: (a) are not required to make the Equipment usable as intended by Lessee at the Commencement Date; (b) are separately identifiable personal Property; and (c) are capable of being readily removed from the Equipment without causing material damage to the Equipment and without materially reducing the original functional utility or Fair Market Value of the Equipment. Lessee shall not remove any Severable Improvement from the Equipment unless Lessee returns the Equipment to its original condition and functional utility.

Severable Improvements means improvements that are generated by and within the research group lead by [***] (whether or not with a Third Party) during the Improvement Period within the Field and which commercial exploitation would not infringe one or more Valid Claims in the Patent Rights in absence of a license. Term has the meaning assigned thereto in Article 17. Territory means worldwide. Third Party means a person or entity other than the Parties and/or their Affiliates. Valid Claim means rights derived from (a) an issued and unexpired patent included within the Patents Rights, which has not been held permanently revoked, unenforceable or invalid by a decision of a court or other governmental agency of competent jurisdiction, without appeal or possibility of appeal within the time allowed for appeal, and which has not been admitted to be invalid or unenforceable through reissue or disclaimer or otherwise; or (b) a pending patent application included within the Patents Rights which claim was filed in good faith and has not been abandoned or finally disallowed without the possibility of appeal or re-filing of the application.

Severable Improvements means improvements that are neither a part of the truck rack nor connected to the truck rack as of the date hereof, and for the avoidance of doubt, by way of example and without limitation of the foregoing,

Severable Improvements means such improvements and enhancements to the processes, whether patentable or not, (i) generated by or on behalf of Patheon, alone or jointly with Tricida, (ii) during the course of the performance of the obligations under this CSA, including any Services, (iii) that are not [***], an [***], a product containing [***], or a [***] having the capability to [***], and (iv) can be used outside the Field.