Licensed Process Clause Samples
The Licensed Process clause defines the specific process, method, or technology that is being licensed under an agreement. It typically outlines the scope of the process, including any technical specifications, steps, or applications covered by the license, and may reference patents or proprietary know-how. By clearly identifying what constitutes the 'Licensed Process,' this clause ensures both parties understand the boundaries of the license, thereby preventing disputes over unauthorized use or infringement and providing clarity on the rights granted.
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Licensed Process. The term “Licensed Process” shall mean any method or process (a) claimed in a Valid Claim of any of the Licensed Patent Rights, (b) the practice of which would, in the absence of the license granted by this Agreement, infringe a Valid Claim of any of the Licensed Patent Rights, or (c) that utilizes or incorporates Licensed Biological Materials.
Licensed Process. Licensed Process means the process for converting coal and other carbonaceous materials into gas using a BGL Gasifier, BGL Proprietary Equipment and BGL Proprietary Know-how.
Licensed Process. “LICENSED PROCESS” is understood as any process, the implementation of which would constitute, without a license, an infringement of the AGREEMENT PATENTS.
Licensed Process. The definition of “Licensed Process” at paragraph 1.3 of the Agreement is hereby stricken in its entirety and the following substituted therefor:
Licensed Process. The term “Licensed Process” shall mean any process, the performance of which is covered by a Valid Claim of Licensed Patent Rights. Whether a process is a “Licensed Process” shall be determined on a country-by-country basis.