Exploitation definition
Examples of Exploitation in a sentence
Following the end of each applicable Research Term, as between the Parties, ▇▇▇▇▇ shall have the sole right to conduct, and be solely responsible for, as between the Parties, at its sole cost, the Exploitation of all Licensed Compounds and Licensed Products arising from such Research Program, including for preparation and submission of any applicable IND filing and any other Regulatory Filings.
Except as expressly provided in this Article 7, each Party may engage in Research, Development, Manufacturing, Commercialization or other Exploitation activities that utilize technologies similar to or involve compounds, biologics or products competitive with those contemplated by this Agreement.
Upon disbandment of the JRC (a) neither the JRC, the Alliance Mangers nor the Project Managers shall have further responsibilities for the applicable Research Program (if the disbandment is on a Research Program-by-Research Program basis) or under this Agreement (if the disbandment is in its entirety) and (b) as between the Parties, ▇▇▇▇▇ shall have the sole control over the further Exploitation of the Licensed Compounds and Licensed Products, including any matters previously allocated to the JRC.