Commercial Benefits definition

Commercial Benefits means any economically quantifiable benefits that arise from the commercial exploitation of the Project Results (including the Project Vaccine).
Commercial Benefits means any financial and non-financial benefits, rewards and/or results generated from or arising from the exploitation of the Project Technology in the Field, resulting in any way from the CEPI funding and/or Partner Contribution or to which CEPI funding or the Partner Contribution have contributed in any way whatsoever, including any government-paid incentives such as Priority Review Vouchers (“PRV”) and other derivative or follow-on products (including antibodies and assays);
Commercial Benefits has the meaning described in Clause 15.1.

Examples of Commercial Benefits in a sentence

  • Promptly after receipt of such notification, Oxford and CEPI shall enter into a revenue share agreement detailing the share of Commercial Benefits that will be allocated to CEPI.


More Definitions of Commercial Benefits

Commercial Benefits. Economic benefits arising from the RECIPIENT’s use of the MATERIAL for the COMMERCIAL PURPOSE.
Commercial Benefits means any economically quantifiable benefits that arise from the commercial exploitation of the Project Results other than in preparation for or in response to an Outbreak or Increased Outbreak Preparation Need. Examples of Com- mercial Benefits include the commercial licensing of Project IP, receipt of government-granted incentives such as Priority Re- view Vouchers and revenue from the commercialization of combination, derivative or follow-on products (including antibody products, assays and vaccines) or application of production technology.

Related to Commercial Benefits

  • Initial Beneficiary means ALF LLC, as initial beneficiary under the Titling Trust Agreement and its permitted successors and assigns.