Examples of Licensed Patents in a sentence
If Licensee does not withdraw with prejudice its Assertion within thirty (30) days from the Notice Of Termination, then Licensor shall terminate, effective from the Notice Of Termination’s date, the rights granted under the Licensed Patent(s) and Legacy CNS Patent(s) such Patent Owner Holds, which Licensor shall communicate to Licensee accordingly.
Effective as from the termination of the Third Party License, Pre-Netting no longer applies and Licensee shall be fully liable for and pay the respective portion of the royalties for the relevant Licensed Patents as used in Licensed Products as set forth herein.
In the event Licensee is also a Patent Owner or a Patent Owner’s Affiliate, the Licensed Patents Held by such Patent Owner are not included in the rights granted under this Agreement, notwithstanding anything to the contrary herein.
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.
Licensee shall not be charged for the relevant Licensed Patents which are encumbered by a Third Party License (“Pre-Netting”), in a as far as such Third Party License covers the relevant grant of rights set forth herein.