Commercialisation IP definition

Commercialisation IP means any Intellectual Property Rights created as a result of the Commercialisation of a Product by the Licensee pursuant to this agreement.
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Examples of Commercialisation IP in a sentence

  • Neither party may Dispose of its Interest in Commercialisation IP without the prior written consent of the other party, not to be unreasonably withheld or delayed.

  • The Licensee must immediately notify the Licensor of any actual, suspected, or threatened infringement of Intellectual Property Rights relating to Project IP, any Product, the Background IP, Commercialisation IP, the Patents or New Developments of which it becomes aware.

  • Commercialisation IP The parties acknowledge and agree that Commercialisation IP is owned by the parties in accordance with their respective Interests.

Related to Commercialisation IP

  • Commercialisation means any and all activities directed to the preparation for sale of, offering for sale of, or sale of a product, including activities related to marketing, promoting, distributing, importing and exporting such product. When used as a verb, “to Commercialise” and “Commercialising” means to engage in Commercialization, and “Commercialised” has a corresponding meaning.

  • Licensed Compounds means: (a) Research Program Active Compounds; (b) Novartis Active Compounds; (c) salts, hydrates, solvates, esters, metabolites, intermediates, stereoisomers and polymorphs of Research Program Active Compounds or Novartis Active Compounds; and (d) prodrugs of Research Program Active Compounds or Novartis Active Compounds (any of the foregoing, a “Licensed Compound”).

  • Collaboration IP means Collaboration Know-How and Collaboration Patents.

  • Commercializing means to engage in Commercialization and “Commercialized” has a corresponding meaning.

  • Commercialise means to promote, market, distribute and/or sell a Product and “Commercialising” and “Commercialisation” shall be construed accordingly;