Exploitation definition
Examples of Exploitation in a sentence
Upon the reasonable written request of BMS, Janux shall provide BMS with reasonable access to (and afford BMS the right to inspect and copy) the foregoing records, reports, and documentation as reasonably requested by BMS, including to determine whether the Joint Development Activities have been performed in accordance with this Agreement or otherwise in connection with the Exploitation of Licensed Products.
To Janux’s Knowledge, neither Janux nor any of its Affiliates has (a) infringed any Patents of any Third Party; or (b) misappropriated any Know-How of any Third Party, in each case ((a) and (b)), in connection with the Development, Manufacture or other Exploitation of any Licensed Compound or Licensed Product, or the use or practice of the Janux Platform Technology.
The Termination Agreement will cover all matters reasonably necessary to effectuate a safe and orderly wind-down of Company’s Exploitation activities hereunder with respect to the Terminated Compound(s), Terminated Product(s), or Terminated Territory, as applicable, and transition to Vir Bio of applicable rights to Exploit the Reversion Products in the applicable Terminated Territory, in each case in accordance with this Section 14.11 (Consequences of Termination).
During the U.S. P&L Share Term, each Party shall notify the other Party, through the JSC, if it becomes aware of any Patent, Know-How, materials, or other asset that may be controlled by a Third Party that may be necessary or reasonably useful to the Exploitation of the Licensed Products in the Field (“Third Party IP”).
No claim or litigation has been brought or, to Janux’s Knowledge, threatened, by any Person alleging that the Development, Manufacture, Commercialization or other Exploitation of the Licensed Compounds or Licensed Products, or the practice or use of any Janux Licensed IP Rights (including the practice or use of the Janux Platform Technology), in each case, will violate, infringe, or misappropriate, any Patent or other proprietary right of any Third Party.