New Product

Example Definitions of "New Product"
New Product. Any product that is not a Managed Version
New Product. Means a device, component, kit or disposable designed and sold by Arthrex that is based upon or utilizes Intellectual Property Rights included in the Technology and contains an Enhancement which Enhancement either (a) significantly improves the safety or efficacy of the device, component, kit or disposable as compared to the Product, or (b) results in a new intended use for the device, component, kit or disposable as compared to the Product, and in each case for which Arthrex has received... marketing clearance or approval from a governmental or regulatory authority separate and apart from the Product Registration Rights transferred hereunder; provided, however, that a device, component, kit or disposable will not be deemed to be a "New Product" as a result of a modification to the specification or manufacturing of the Product Line, as it exists as of the date hereof, implemented to address performance, responsiveness or other quality issues identified on Exhibit A-6 attached hereto (regardless of whether such modifications require clearance or approval from any governmental or regulatory authority); and provided, further, a device, component, kit or disposable shall only be deemed to be a "New Product" solely in such jurisdiction(s) or market(s) where Arthrex has received clearance or approval from a governmental or regulatory authority for such device, component, kit or disposable. View More
New Product. A product that is solely developed and/or owned by NEXVET, or to which NEXVET has exclusive rights, which is (i) a canine, feline or equine monoclonal antibody which has been derived from the PETization technology or (ii) a canine, feline or equine receptor fusion protein, and for either of which a Specific Distribution Agreement has not been entered into by the Parties
New Product. A product developed by or on behalf of ENERGOUS after the Effective Date that is not a Product Update; provided, however, that "New Products" exclude any product developed by a successor or acquirer of ENERGOUS.
New Product. Product(s) identified in Build Schedule which were jointly developed by BASA and MEP based on Joint Intellectual Property, and which are manufactured and assembled by BASA. Such New Products shall carry labeling to be agreed by both parties, including "Manufactured by Basanite."
All Definitions