Commercialisation Costs means costs incurred by the Administering Institution in the course of the protection, maintenance and enforcement of the Notified IP and the Commercialisation of the Notified IP being:
Commercialisation Costs means all costs relating to commercialisation of IP (excluding the costs of employing University staff). It includes the costs of managing, registering, protecting and enforcing IP rights, creation of prototypes, models and samples, proof of concept development, insurance, legal, financial and technical advice, marketing and travel, and other such expenses associated with carrying out that business activity.
Commercialisation Costs means all reasonable out of pocket expenses incurred by the Administering Institution in the course of the protection, maintenance, enforcement and Commercialisation of the Award IP, being:
Examples of Commercialisation Costs in a sentence
The Managing Party will be responsible for meeting IP Protection and Commercialisation Costs.
Any reasonable out-of-pocket costs of the Creating Parties arising under this clause will be met by the Managing Party as part of the IP Protection and Commercialisation Costs.
Each Party shall provide the Joint Development Committee with a good faith preliminary estimate of its pre-launch Commercialisation Costs of an Antibody Product on or about the date Amgen provides written notice to Celltech that it intends to proceed with Late Stage Development activities with respect to such Antibody Product.
Matching Requirement for Commercialisation Costs: 1 CECR dollars : 1 partner dollarsTechnology evaluation and prototype development, subject to approval by the Board of Directors, provided that due diligence has been used to find a partner to share in the costs for development, normally on a matching basis.
The Licensee shall solely incur all Commercialisation Costs in Commercialising the Joint IP and Joint Technology.
More Definitions of Commercialisation Costs
Commercialisation Costs means the reasonable direct or actual out of pocket costs incurred by the Commercialisation Party:
Commercialisation Costs means all costs relating to commercial development (including legal costs), IP protection (including registration costs and attorney fees) and marketing.
Commercialisation Costs means all costs and disbursements incurred by the University in connection with the Commercial Exploitation of Intellectual Property. Commercialisation costs include, but are not limited to, the costs of managing, registering, protecting and enforcing Intellectual Property rights, creation of prototypes, models and samples, research and development, proof of concept development, insurance, legal, financial and technical advice, marketing and travel, and other such expenses associated with carrying out that business activity.
Commercialisation Costs means costs reasonably incurred by a party with respect to the Commercialisation of Project IP and includes patent, trade mark, design, due diligence and legal costs and any other IP Rights application and registration costs.
Commercialisation Costs means all reasonable out of pocket expenses incurred by the Administering Institution in the course of the protection, maintenance, enforcement and Commercialisation of the Award IP, being: legal fees and cost incurred for external attorneys for filing and prosecution of patents, trademarks or other registered rights, maintenance, defence and enforcement; fees and costs incurred for external expert advice (including but not limited to legal, tax, business or Commercialisation); revenue shares agreed to be disbursed to external organisations involved in the creation of the Award IP; royalties or other payments for licences required to Commercialise the Award IP; revenue shares required to be distributed under Administering Institution policy sharing arrangements, and all taxes paid and payable by the Administering Institution in respect of Commercialisation of the Award IP; Commercialise means in relation to Intellectual Property, to do or seek to do any one or more of the following: manufacture, sell, hire or otherwise exploit a product or process embodying or utilising the Intellectual Property; provide a service incorporating that Intellectual Property; license, assign, grant an option or otherwise transfer to any third party to do any of those things identified at clause 1.1(18)(a) or (18)(b); or otherwise exploit that Intellectual Property, with the intention of generating revenue or obtaining financial gain, and includes any necessary preparatory acts such as seeking to register or obtain grant of that Intellectual Property;
Commercialisation Costs means costs incurred by the University in the course of the protection, maintenance and enforcement of the IP and the Commercialisation of the IP being:legal fees and cost incurred for external attorneys for filing and prosecution of patents, trademarks or other registered rights, maintenance, defence and enforcement; fees and costs incurred for external expert advice (including but not limited to legal, tax, business or Commercialisation);revenue shares agreed to be disbursed to External Organisations involved in the creation of the IP;revenue shares required to be distributed under Benefit Sharing Arrangements;royalties or other Licence or other payments for Licences required to Commercialise the IP;re-payments of funds to the Griffith Enterprise Innovation Fund or other such internal University funded schemes; and,all taxes paid and payable by the University in respect of Commercialisation of the IP.
Commercialisation Costs means all necessary and/or reasonable costs incurred during commercialisation of Intellectual Property, including but not limited to: (a) Intellectual Property registration and prosecution; (b) legal; (c) other professionals giving rise to Commercialisation revenue; (d) related travel and accommodation by UKM Employee/s and/or others involved; (e) incurred taxes and (f) UKM Technology Sdn. Bhd. management fee.