Continuation Product definition
Examples of Continuation Product in a sentence
University shall not distribute for profit or reproduce for profit or allow others to profit from the deliverables created by the Work under this Agreement.
Customer acknowledges that ReadyPipe is currently undergoing development by Yipit, may contain material errors and deficiencies, and that Yipit has no obligation under this Agreement or otherwise to: (i) correct or otherwise remediate any bugs, defects or errors in ReadyPipe or otherwise to support or maintain ReadyPipe; (ii) create, distribute or otherwise continue to offer ReadyPipe (a “Continuation Product”); or (iii) offer to Customer any Continuation Product that Yipit may create.
Without limiting the foregoing, Customer acknowledges that any Continuation Product may contain features and functionalities that are significantly different from ReadyPipe and that any use of or access to a Continuation Product may be subject to significantly different legal, technical and other terms.
Each Party shall be obliged to submit its final proposal for the terms of such transition of or license to the Continuation Product to the Third Party expert, and such proposal shall remain confidential and shall not be disclosed to the other Party.
For example, if an NDA had been filed for a Continuation Product in Field 1, but no Development Stage was achieved for any Products in Field 2, then [***], but royalties of [***] would be due to Licensee on Net Sales of such Products in Field 1.
If Pfizer has at such time established its own source of supply of Continuation Product and Spark so requests, Pfizer shall supply Spark with transitional supply of such Continuation Product at a commercially reasonable supply price for a commercially reasonable period of time.