Examples of Licensed Technical Information in a sentence
Subject to the terms and conditions of this Agreement, University grants to Licensee solely within the Field of Use a non-exclusive, non-sublicensable license under University’s rights in the Licensed Patents and the Licensed Technical Information to make, use, sell, offer for sale, and import Licensed Products in the Territory.
Licensee acknowledges and agrees that the Licensed Technical Information derives economic value from not being generally known to other persons who can obtain economic value from its disclosure or use.
Subject to the terms and conditions of this Agreement, University grants to Licensee the following rights: an exclusive license under the Licensed Intellectual Property Rights (excluding the Licensed Technical Information) to Commercialize in the Territory and in the Field of Use; and a non-exclusive license to use the Licensed Technical Information to Commercialize in the Territory and in the Field of Use.
Subject to the terms and conditions of this Agreement, NCSU hereby grants to Licensee a non‑exclusive, non‑transferable license to use Licensed Material and Licensed Technical Information for internal research, development and sales of Licensed Products for research purposes.
For the avoidance of doubt, this license does not include the right to sell or distribute Licensed Products, Licensed Material and/or Licensed Technical Information for diagnostics, therapeutics or any other non-research purpose.