Acquired Technology definition
Examples of Acquired Technology in a sentence
The Company, ▇▇▇▇▇▇▇▇▇ and their Affiliates are in compliance, and have at all times complied, with all Applicable Laws relating to the Acquired Technology, including Applicable Laws relating to export restrictions and controls and biodiversity (including the 1992 United Nations Convention on Biological Diversity and the 2011 Nagoya Protocol on Access to Genetic Resources and the Fair and Equitable Sharing of Benefits Arising from their Utilization).
For purposes of clarification, if Codexis uses such Acquired Technology for purposes outside the Licensed Field of Use, the Parties shall first agree on the proportion of such payments to be reimbursed by Shell for the use of such Acquired Technology in the Licensed Field of Use in accordance with Section 7.2 of the Amended and Restated Research Agreement.
In the event that Introgen proposes to acquire such technology and offer to Gendux to include the same within the Licensed Technology hereunder ("Acquired Technology"), Introgen shall disclose the same to Gendux, including any royalty or other payment obligations that would apply to the exercise of Gendux's license hereunder.
Gendux shall notify Introgen in writing within fifteen (15) days whether it desires such Acquired Technology to be included in licenses granted hereunder.
Except as set forth on Schedule 3.6(l) of the Company Disclosure Schedule, there are no royalties, fees, honoraria or other payments payable by the Seller Parties or KNE to any Person by reason of the ownership, development, use, license, sale or disposition of Intellectual Property Rights or Acquired Technology, other than salaries and sales commissions paid to employees and sales agents in the ordinary course of business.