Examples of Licensed Field in a sentence
Agreements related to one or more of the Licensed Patents for Licensed Products in the Licensed Field will be taken into account when calculating the Compensation due by Licensee, provided that Licensee reasonably proves the existence of such existing agreements.
Subject to Licensee’s full compliance with the obligations set forth in this Agreement, Licensor hereby grants to Licensee and Licensee Affiliates a non-exclusive, non-transferrable, non-sublicensable royalty bearing license to Make and/or Sell Licensed Products under the Licensed Patents within the Licensed Field in the Territory during the Term.
LIFT is accessible to Licensee subject to Licensee’s full compliance with its obligations under the Agreement, including, but not limited to, Licensee having (i) submitted all relevant royalty statements timely, and such royalty statements being true, complete, and accurate in every respect, and (ii) fulfilled its relevant payment obligations in connection with such royalty statements for all Licensed Product in the Licensed Field, as applicable.