Exclusive Commercial License definition

Exclusive Commercial License means the grant by the owner of Intellectual Property of the exclusive right to make, use, or sell an Invention for commercial purposes.
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Exclusive Commercial License shall have the meaning set forth in Section 4.3.
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Exclusive Commercial License means the grant by the owner of Intellectual Property of the exclusive right to make, use, or sell a patented invention.
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Examples of Exclusive Commercial License in a sentence

  • Term and Termination[Choose this first set of paragraphs if the District was granted an Exclusive Commercial License in Section 1.] (a) This agreement shall remain in effect for [insert length of time, such as three (3)] years unless terminated earlier in accordance with this Section 10.

  • Other health care staff employed by the Department’s contract health care services provider shall have a supervisory review at least once a year.

  • For each Additional Collaboration Target, BMS shall pay FivePrime a fee of *** for each *** period as partial consideration for the maintenance of the exclusive license grant under Section 6.1.2 (Exclusive Commercial License) (each such amount, the “License Maintenance Fee”).

  • It is further understood and agreed that any Exclusive Commercial License granted to Celldex shall be subject to any rights then in effect granted by Medarex to one or more third parties with respect to the applicable Research Antigen and any antibodies related thereto.

  • Following the termination of the applicable Exclusive Commercial License, Celldex shall have no further license rights under the Medarex Technology with respect to the Antibody that was the subject of such Exclusive Commercial License.

  • Upon termination of an Exclusive Commercial License with respect to a particular Licensed Antibody to a given Research Antigen, in the event that Celldex has filed any patent applications disclosing or claiming Antibodies and Antibody Materials, or the making or using thereof, obtained through the use of Medarex Mice and/or Mice Materials with respect to such Research Antigen, Celldex covenants that it shall, at its election, either abandon, or assign to Medarex, such patents or patent applications.

  • Within thirty (30) days after termination of the Exclusive Commercial License with respect to a specific Licensed Antibody, Celldex shall destroy any and all Medarex Mice immunized with the given Research Antigen, Mice Materials derived from such Medarex Mice, and any and all Antibodies, Antibody Materials and Products obtained through the use of such Medarex Mice, with respect to such Research Antigen.

  • Celldex may terminate the Exclusive Commercial License with respect to any particular Licensed Antibody at any time with immediate effect by giving written notice to Medarex.

  • At any time during the Research License Period with respect to a particular Research Antigen, Celldex may provide written notice to Medarex that it wishes to acquire an Exclusive Commercial License to an Antibody raised against such Research Antigen and to Products containing such Antibody.

  • If Medarex notifies Celldex pursuant to Section 4.2.2 that an Exclusive Commercial License is available with respect to an Antibody (or Backup Antibody(ies)), and Celldex wishes to exercise its option for an Exclusive Commercial License pursuant to Section 4.1.1 with respect to such Antibody (or Backup Antibody(ies)), then Celldex shall pay to Medarex a non-refundable, non-creditable license fee of [*****] for such Exclusive Commercial License within five (5) business days of such notification or exercise.


More Definitions of Exclusive Commercial License

Exclusive Commercial License means the grant by the owner of Intellectual Property of the exclusive right to make, use, or sell an Invention for commercial purposes. As used in this Agreement, “Exclusive License” includes both an Exclusive License granted to any one of the Non-Navy Collaborators subject to a Non-Exclusive License to the other Non-Navy Collaborator(s) and Co-Exclusive License granted to Non-Navy Collaborators, unless otherwise specified.
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Exclusive Commercial License shall have the meaning set forth in Section 2.1.2.
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Related to Exclusive Commercial License

  • Provisional license means a nonrenewable license issued by the Board of Education for a specified

  • exclusive licence means a licence from the proprietor of or applicant for a patent conferring on the licensee, or on him and persons authorised by him, to the exclusion of all other persons (including the proprietor or applicant), any right in respect of the invention to which the patent or application relates, and “exclusive licensee” and “non-exclusive licence” shall be construed accordingly;

  • Professional license means any license, permit, certificate, registration, qualification, admission, temporary license, temporary permit, temporary certificate, or temporary registration that is described in divisions (W)(1) to (37) of this section and that qualifies a person as a professionally licensed person.

  • Original license means a motor vehicle dealer license issued to an applicant who has never been

  • Supply Licence means the licence granted to us under section 6(1)(d) of the Act;

  • License Type means the identification of whether the license for a Software Product is for a Perpetual Term or Subscription Term as specified in the Quote.

  • License means any license, certificate of authority, permit or other authorization which is required to be obtained from any Governmental Authority in connection with the operation, ownership or transaction of insurance business.