Examples of Exclusive Licensed Product in a sentence
Except as provided herein with regard to the Exclusive Licensed Product, or as may otherwise be limited by the legitimate intellectual property rights of NINTENDO or any third party, LICENSEE shall retain all rights with regard to the adaptation of Games for development and sale in any other format, including on any Competing System.
For the Exclusive Licensed Product, LICENSEE agrees that, commencing on the Effective Date and continuing for a period of one (1) year from NINTENDO's first shipment of such Exclusive Licensed Product to LICENSEE, the Game incorporated into such Exclusive Licensed Product shall not be sold anywhere in the Territory by LICENSEE or by any third party for play on any Competing System.
With respect to Licensed Patents which include claims that cover First Generation Exclusive Licensed Products, for so long as Licensee has exclusive rights to any First Generation Exclusive Licensed Product, Licensor shall keep Licensee informed with respect to the course and conduct of patent applications and prosecution matters.
In addition, if Licensee fails to meet the specific obligations as set forth in Section 5.3(b) for a First Generation Exclusive Licensed Product for an indication other than Uveitis, and does not cure such breach within 90 days after written notice from Licensor, Licensee shall lose its exclusive rights with respect to First Generation Exclusive Licensed Products.
The balance of any recovery shall be split among the parties in the same proportion as their respective payment of the costs of the suit or action, with such equitable adjustments as the governing tribunal shall deem appropriate to compensate Softheart for the portion, if any, of the recovery attributable to Softheart's residual rights in the Exclusive Licensed Product.
Third Party Licensed Product" means a First Generation Exclusive Licensed Product or a Non-Exclusive Licensed Product, the therapeutic effect of which is derived in part from any proprietary product, compound, method or process in-licensed or acquired by Licensee from an unaffiliated third party on an arm's length basis; provided that such First Generation Exclusive Licensed Product or Non-Exclusive Licensed Product is subject to a running royalty equal to the Base Royalty.
Upon Affini-T’s exercise of its Exclusive Option or Non-Exclusive Option with respect to a given Affini-T Clinical Target, Affini-T will use Commercially Reasonable Efforts during the Term to Develop, including seeking Regulatory Approval for, at least one (1) Exclusive Licensed Product or Nonexclusive Licensed Product, as applicable, directed to such Affini-T Clinical Target [***].
Each party shall provide the other with ten (10) days' notice prior to taking any action regarding the infringement or possible infringement of any Exclusive Licensed Product.
Notwithstanding the foregoing, Non-Exclusive Licensed Product shall exclude First Generation Exclusive Licensed Product.
This Agreement supersedes all prior and contemporaneous agreements and communications, whether oral, written or otherwise, concerning any and all matters contained herein in relation to formulation of Exclusive Licensed Product or Non-Exclusive Licensed Product.