Compound definition
Examples of Compound in a sentence
Subject to the terms and conditions of this Agreement, Sermonix hereby grants to ▇▇▇▇▇▇ an exclusive (even as to Sermonix and its Affiliates), royalty-bearing license, with the right to grant sublicenses through multiple tiers in accordance with Section 2.2, under the Licensed Technology, to Develop, Manufacture and have Manufactured, Commercialize and otherwise Exploit the Licensed Compound and Licensed Products in the Field in the Territory.
If any Party or its Affiliates or (sub)licensees becomes the subject of a Third Party’s claim or assertion that the Exploitation of the Licensed Compound or any Licensed Product infringes one or more Patents of such Third Party (each, a “Third Party Infringement Claim”), the Party first becoming aware of the Third Party Infringement Claim will promptly notify the other Party in writing.
As between the Parties, ▇▇▇▇▇▇ shall (itself or through its Affiliates or Sublicensees) have the sole right, at its sole cost and expense, to conduct all Development of the Licensed Compound and Licensed Products in the Field in the Territory, and ▇▇▇▇▇▇ shall use Commercially Reasonable Efforts to Develop at least one Licensed Product in the Field in the Territory.
Upon ▇▇▇▇▇▇’s request, [***] Sermonix shall transfer Manufacturing-related records and data and provide Athira with reasonable technical assistance to enable Athira or its designated Third Party contract manufacturer to Manufacture the Licensed Compound and Licensed Products in the Territory (the “Manufacturing Technology Transfer”).
In addition, upon ▇▇▇▇▇▇’s reasonable written request, ▇▇▇▇▇▇▇▇ shall participate in (or, if requested by ▇▇▇▇▇▇, attend as an observer) any meeting with a Regulatory Authority in the Territory relating to the Licensed Compound or any Licensed Product.