Transfer Limit
means, for a given Biological Asset, the maximum cumulative amount that can be transferred upon requirement by Elanco, such amount being [***] the Elanco Subset of such Biological Asset as of the Effective Date. If the then current inventory of such Biological Asset is not readily divisible to yield such [***] the Elanco Subset, the Transfer Limit for such Biological Asset shall mean an equitable portion of such inventory that most closely approximates such [***] mutually and reasonably agreed between the Parties. For clarity, the Steering Committee may modify the Transfer Limit for a given Biological Asset. “Technology” (including the possessive instances where the name of the relevant Party precedes the defined term) means specifications, sketches, drawings, schematics, prototypes, methods, protocols, know-how, trade secrets, all proprietary data, information, inventions, regulatory submissions, material, compounds, strains, cell lines or other intellectual property of any kind relating to the Biological Assets. For avoidance of doubt, the Biological Assets are included in the above definition.
