Catalyst Technology definition
Examples of Catalyst Technology in a sentence
In addition, neither Party makes any warranties except as set forth in this Article 10 with respect to the Catalyst Technology or ISU Technology, as applicable.
If ISU so elects and provides notice to Catalyst within [* * *] of the ROFR Notice Date, Catalyst will grant to ISU an exclusive, fully-paid up, royalty-free, license, with the right to sublicense, under the Catalyst Technology to Commercialize Products in the Field in Korea (at ISU’s cost and expense) and thereafter the definition of “Territory” shall exclude Korea.
Subject to the terms and conditions of this Agreement, Catalyst hereby grants to ISU during the Phase 1 Development Period, an exclusive, non-sublicensable, royalty-free license, under the Catalyst Technology, to conduct Clinical Development and Manufacturing Development and to Manufacture Products in the Field in the Territory.
Every [* * *] during the Phase 1 Development Period, Catalyst will provide a written report to the JLC describing Catalyst’s activities and progress related to licensing the Catalyst Technology for such applicable [* * *].
ISU shall not, and shall not permit any of its Affiliates to, use or practice any Catalyst Technology outside the scope of the license granted to it under this Section 2.1.
Subject to Section 8.1(b)(ii), if at any time during or after the Phase I Development Period, Catalyst desires to enter into a license agreement with any Third Party to license the Catalyst Technology to Commercialize any Product in the Field in Korea, prior to entering into any such license agreement, Catalyst shall first notify ISU (the date of such notice, the “ROFR Notice Date”).
Subject to the terms and conditions of this Agreement, Catalyst hereby grants to ISU an exclusive, sublicensable, fully-paid up, royalty-free license, under the Catalyst Technology, to Commercialize Products in the Field in Korea.
Notwithstanding the exclusive license granted to ISU under Section 2.1, at any time during the Phase 1 Development Period and thereafter, Catalyst may license the Catalyst Technology to conduct Development, to Manufacture and to Commercialize Products in the Field in at least two of the following major markets: the USA, the European Union or Asia (but subject to Section 2.4 with respect to Korea).
Notwithstanding the foregoing or anything in this Agreement to the contrary, (i) the Licensed Technology includes the Catalyst Technology only upon and only for the duration of a Catalyst Supply Failure during the Term, if any; and (ii) the License to use and apply the Catalyst Technology to produce catalysts, is granted only upon, and exists only for the duration of, a Catalyst Supply Failure during the Term, if any.
Any Employee who has not been through the ADA process as described above who tests positive for THC will be considered to have a positive test result and subject to the outcomes as described in the Ecovyst Catalyst Technology Substance Abuse policy and subject to discipline.