fair and reasonable conditions definition

fair and reasonable conditions means the appropriate conditions, including possible (a) Financial Terms, or (b) Royalty-Free Conditions, and taking into account the specific circumstances of the request for access, for example the actual or potential value of the Results or Background, to which Access Rights are requested, and/or the scope, duration or other characteristics of the Research Use envisaged.
fair and reasonable conditions means appropriate conditions including possible financial terms taking into account the specific circumstances of the request for the License, for example the actual or potential value of the Patent and/or the scope, duration and characteristics of the use envisaged. In this context, fair and reasonable conditions are determined by the Licensee itself whereby the Licensee in good faith will provide undersigned BRILLIANT Partner with a fair and reasonable financial return upon successful implementation of the corresponding Level Ag Product by itself or as whole or substantial part of a larger whole.

Examples of fair and reasonable conditions in a sentence

  • Access rights to Results if Needed for Exploitation of a Party's own Results shall be granted on Fair and Reasonable Conditions.

  • Access rights to Background if Needed for Exploitation of a Party's own Results shall be granted on Fair and Reasonable Conditions.

  • Such Access rights shall be granted on Fair and Reasonable Conditions and upon written bilateral agreement with the owner of the Background or Results.


More Definitions of fair and reasonable conditions

fair and reasonable conditions means appropriate conditions, including possible financial terms or royalty-free conditions, taking into account the specific circumstances of the request for access, for example the actual or potential value of the Results or Background to which access is requested and/or the scope, duration or other characteristics of the exploitation envisaged. “Founding Documents” means the Vision, Strategic Research Agenda, Roadmap, Deployment Plan and Governance of EURAD. These documents are given in Attachment 10 of the Consortium Agreement. “Grant Agreement (GA)” means the Grant Agreement (847593) concluded between the Commission and the Parties for the implementation of the Action and the related funding.
fair and reasonable conditions means terms, including royalty-free conditions, which take into account the specific circumstances of the request for access and/or the scope, duration or other characteristics of the use envisaged;
fair and reasonable conditions means fair and reasonable conditions in various possible forms, including financial terms (lump sum, royalties, etc.), laid down in the light of the participant’s contribution to the work engendering the knowledge to which it is to give access and to the potential inherent in that knowledge;
fair and reasonable conditions means appropriate conditions including financial terms (where appropriate) taking into account the actual or potential value of the Foreground Knowledge or Background Knowledge to which access is requested and other characteristics of the Research Use envisaged;
fair and reasonable conditions means fair market conditions.
fair and reasonable conditions means appropriate conditions including possible