Field of Use definition
Examples of Field of Use in a sentence
Acuitas hereby grants to Metagenomi an option to acquire one or more sublicenses under any Acuitas In-Licensed Technology, to research, develop, make, have made, keep, use, sell, offer to sell, have sold, import, export or otherwise commercialize and exploit Licensed Products in the Field of Use in the Territory (“Sublicense Option”).
Subject to the terms and conditions of this License, Acuitas hereby grants to Metagenomi a non-exclusive license, with the right to sublicense only as permitted by Section 2.2(b), under the Licensed Technology, to research, develop, have developed, make, have made, keep, use and have used, sell, offer for sale, have sold, import and have imported, export and have exported and otherwise commercialize and exploit Licensed Products in the Field of Use in the Territory.
The Acuitas In-License Notice shall include (i) any royalties, milestones and other product-specific payments owed under the applicable Acuitas In-License that are specific to Licensed Products in the Field of Use in the Territory and (ii) a copy of such Acuitas In-License, including references to the applicable provisions of such Acuitas In-License with which Metagenomi must agree to comply with as a sublicensee of the rights.