Examples of Chugai License in a sentence
Enzon acknowledges that Santaris, as a sublicensee through Exiqon under the Chugai License, is subject to an obligation in respect of rights to commercialize the Products in Japan [**Redacted**]: [**Redacted**] [**Redacted**].
The Chugai License as heretofore made available by Santaris to Enzon represents the complete agreement and understanding between Exiqon and Chugai relating to the Santaris Technology that is the subject of the Chugai License.
None of the Exiqon License, University of Copenhagen License or Chugai License has been modified, supplemented or amended, other than by amendments thereto provided to Enzon prior to the Effective Date.
Sonus is free to assign the Chugai License Agreement to Nycomed in connection with this transfer of substantially all of the assets relating to Sonus Ultrasound Contrast Agent business unit without causing a breach of the Chugai License Agreement.
Sonus further represents and warrants that the Chugai License Agreement is in full force and effect, that it is not in breach of the Chugai Agreement, and that to the best of its knowledge no event of breach has occurred or been alleged by the parties thereto.
In the event that Nycomed discontinues prosecution of Japanese Patent Application 05-506054 in Japan prior to the earlier of: (i) allowance of claims thereunder by the Japanese Patent Office; (ii) final decision from the Japanese Patent authorities that no claims will be allowable; or (iii) December 22, 2002, then Nycomed agrees to assume the obligation of Sonus under the Chugai License Agreement to pay one million dollars ($1,000,000.00) to Chugai pursuant to the terms of the Chugai License Agreement.
Sonus and Nycomed hereby acknowledge and agree that other than patents that may constitute Sonus Patents as defined herein, the Chugai License Agreement, and the Limited License set forth in Section 6, this Agreement does not convey or transfer from one party to this Agreement to the other party, any right, license, patent or patent application, or other right held or owned by Sonus or Nycomed or that may be filed, granted to, or acquired by Sonus or Nycomed after the Effective Date of this Agreement.
However, in the event that Nycomed continues to use commercially reasonable best efforts to prosecute Japanese Patent Application 05-506054 through the date of December 22, 2002, but does not obtain an allowance of a claim in that application in accordance with the provisions of paragraph 3.2 of the Chugai License Agreement, Sonus shall be obligated to pay the one million dollars ($1,000,000.00) to Chugai pursuant to the terms of the Chugai License Agreement.
Enzon acknowledges that Santaris, as a sublicensee through Exiqon under the Chugai License, is subject to an obligation in respect of rights to commercialize the Products in Japan that arises out of the following provision in the Chugai License: [Exiqon] agrees to notify and negotiate with [Chugai], before negotiations with any other party, to establish a collaboration between [Exiqon] and [Chugai] for the commercialization in Japan of [the Products].
In consideration of the assignment of the Sonus Patents and the Chugai License Agreement, the transfer of Sonus assets defined herein, and the warranties and representations made herein, Nycomed shall pay Sonus a non-refundable payment of six million five hundred thousand dollars ($6,500,000.00), within five (5) days from the Effective Date of this Agreement and in the manner set forth in paragraph 4.2 of this Agreement.