Common use of Aspect Products Clause in Contracts

Aspect Products. Aspect shall assume full regulatory responsibility for the Aspect Products, including obtaining and maintaining all applicable governmental authorizations and regulatory approvals required to distribute the Aspect BIS/EEG Module Kit. Both Parties shall work together to develop a regulatory plan which defines precisely what these regulatory and localization requirements are for all countries where the Marquette BIS/EEG Module is intended to be sold. In particular, Aspect shall be responsible for generating its own Device Master Record for the Aspect BIS/EEG Module Kit. It is understood that the Aspect BIS/EEG Module Kit shall be a component of the Marquette BIS/EEG Module. Marquette shall be responsible for obtaining and maintaining all applicable governmental authorizations and regulatory approvals required to distribute the combination of Aspect and Marquette products in the Marquette BIS/EEG Module as provided in Section 14.3.

Appears in 2 contracts

Sources: Oem Development and Purchase Agreement (Aspect Medical Systems Inc), Oem Development and Purchase Agreement (Aspect Medical Systems Inc)