CRLA definition
Examples of CRLA in a sentence
Seller has delivered to Buyer copies of the last three audited financial statements of (i) the Companies on a consolidated basis, and (ii) CRLA (collectively, the “Financial Statements”).
Subject to the license to Combinatorial Chemistry Technology in Section 4.6, rights under Section 4.1.2 and any prior obligations under the CRLA, TDCC and Symyx shall each retain all rights * in and to inventions and discoveries invented or made solely by such party in the course of the Research Program, provided that nothing contained herein shall limit TDCC’s use of Discovery Tools Systems purchased and licensed hereunder or previously purchased and licensed from Symyx.
Since 1999, TDCC and Symyx have engaged in various cooperative research activities under, initially the Collaborative Research and License Agreement, having an Effective Date of January 1, 1999, and its amendments (CRLA), and later under the Alliance, Technology Transfer, Research and License Agreement, having an Effective Date of January 1, 2005 and its amendments (ATTRLA).
TDCC and Symyx desire to encourage use by TDCC and/or its Affiliates of technology developed under the CRLA and ATTRLA.
Symyx Tech’s option rights under this Section 11.2 will not be applicable to the extent that, and only for so long as, TDCC’s decision not to commercialize a particular Lead Compound is a result of its active pursuit of the commercialization of another Agreement Compound under this Agreement or the CRLA with respect to either the same Product or a Product that would compete commercially with such Product.
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The CRLA, including the rights, licenses and obligations set forth therein, shall continue in full force and effect in accordance with its terms, except as expressly modified by this Agreement.
Provisions in the CRLA, the ATTLRA and this Agreement related to royalties shall survive termination of those agreements as required for purposes of this Agreement.
TDCC, TDCC’s Affiliates, Symyx, and Symyx’s Affiliates shall each have the right to use Joint Inventions for internal research purposes *; provided, however, that, subject to Section 4.1.2 and prior obligations arising under the CRLA, Symyx shall have the sole right to commercially exploit such Joint Inventions *.
The parties agree that in such event, Closing shall occur with respect to all of the Acquired Assets except those held by CRLA and KPLS-AM within five (5) days of Final Approvals of assignments of the other Licenses.