Examples of Field of Extended Use in a sentence
In the event either Party becomes aware of a suspected infringement of a Licensed Patent within the Field of Use or the Field of Extended Use, such Party shall notify the other Party promptly in writing and, following such notification, the Parties shall promptly confer.
BMPI hereby grants to Luitpold, and Luitpold hereby accepts from BMPI, subject to the terms and conditions herein specified, an exclusive worldwide license under the Licensed Technology to use, offer to sell, sell, and otherwise commercialize, solely in the Field of Use and the Field of Extended Use, Licensed Product(s) purchased from BMPI.
If BMPI or its Licensors are unable or elect not to bring an action for infringement of a Licensed Patent within the Field of Use or the Field of Extended Use, Luitpold may bring such action at its own expense and under its own direction and control; provided, BMPI shall have reasonable opportunities to advise Luitpold.
No later than March 15th of the year following the first (but only the first) calendar year in which worldwide Net Sales by Luitpold and its Affiliates or Distributors of the Licensed Products for use in the Field of Extended Use, combined with BMPI's sales in human orthopedic related indications, exceeds ** Luitpold will pay a sales bonus, not to exceed **, to BMPI equal to its pro rata share of ** based on Luitpold's sales in the Field of Extended Use and BMPI's sales in human orthopedics.
If, during the term of this Agreement, BMPI elects to grant a license to any third party to use, offer to sell, sell, and/or otherwise commercialize any Improvement related to carriers for growth factors not resulting from a study performed and paid for by Luitpold in the Field of Use and/or in the Field of Extended Use, and Luitpold is in full performance of its obligations under this Agreement BMPI shall offer such license to Luitpold before offering it to a third party.
If, during the term of this Agreement, BMPI elects to grant a license to any third party to use, offer to sell, sell, and/or otherwise commercialize any growth factor related technology in the Field of Use and/or in the Field of Extended Use, and Luitpold is in full performance of its obligations under this Agreement, BMPI shall offer such license to Luitpold before offering it to a third party.
Luitpold shall cooperate and, at BMPI's expense, shall render all reasonable assistance to BMPI in preparing, filing and prosecuting Licensed Patents relating to the Field of Use and the Field of Extended Use.
BMPI shall assist Luitpold by reasonably supplying to Luitpold appropriate data, documents and other information necessary to enable Luitpold to obtain any necessary governmental or other approval for marketing the Licensed Products in the Field of Use outside the United States, the European Union and Canada or in the Field of Extended Use worldwide, or needed with respect to any post-marketing clinical studies for the Licensed Products for which Luitpold is responsible.
BMTI hereby grants to Luitpold, and Luitpold hereby accepts from BMTI, subject to the terms and conditions herein specified, an exclusive worldwide license under the Licensed Technology to use, offer to sell, sell, and otherwise commercialize, solely in the Field of Use and the Field of Extended Use, Licensed Product(s) which include rhPDGF-BB purchased from BMTI.
If BMTI or its Licensors are unable or elect not to bring an action for infringement of a Licensed Patent within the Field of Use or the Field of Extended Use, Luitpold may bring such action at its own expense and under its own direction and control; provided, BMTI shall have reasonable opportunities to advise Luitpold.