ARES Materials definition

ARES Materials means the biological materials and the Compound Controlled by ARES that are necessary for the Development and manufacture of the Product, as defined under Schedule 1.26.
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Examples of ARES Materials in a sentence

  • Upon receipt of a written request by Licensee, ARES shall transfer to Licensee, at Licensee’s cost and expense, all relevant ARES Know-How and ARES Materials.

  • The Parties acknowledge that the delay to transfer such ARES Know-How and ARES Materials is depending upon the form under which such transfer shall occur, the delivery under an electronic format taking more time than the delivery under a paper format; the choice of the form is at Licensee’s sole discretion.

  • Furthermore, the ARES Materials listed on Schedules 1.24 and 1.26 are provided “AS IS” and ARES gives no representation or warranty that the ARES Know-How and the ARES Materials listed on Schedules 1.24 and 1.26 respectively will be in existence, are complete, accurate, valid or else on the Effective Date.

  • Such transfer shall take place in an orderly fashion and in manner such that the value, usefulness and confidentiality of the ARES Know-How and ARES Materials are preserved in all material respects throughout their transfer.

  • As consideration for the granting of rights to the ARES Technology, including the transfer of ARES Materials and ARES Know-How, Licensee shall, during the Royalty Term, pay to ARES a royalty on the Net Sales of each Product at the rate of [***] (the “ARES Royalty Rate”).

  • No representation or warranties are provided with respect to the accuracy, completeness, and validity of the ARES Materials and ARES Know-How.