Field of Use definition
Examples of Field of Use in a sentence
Any license transferred to an acquiring entity pursuant to clause (b) above shall be limited solely to the scope of the license granted to Licensee, including the Field of Use, with respect to the Divested Product Line and shall remain subject to all terms and conditions of this Agreement.
Splash hereby grants to Lupvindol a non-exclusive, non-transferable, non-sublicensable, royalty-free license during the Term to use the CannEpil Intellectual Property and the Medical Technology solely within the Field of Use and the Territory, and solely to the extent necessary for Lupvindol to perform its obligations under this Agreement.
Splash shall have the exclusive right to use, license, sublicense, and otherwise exploit the Medical Technology in any manner, whether within or outside the Field of Use, subject only to Lupvindol’s limited right of reference set forth in Section 7.2.
Splash shall notify Lupvindol within fifteen (15) Business Days of becoming aware of any threatened or actual termination of the License Agreement by RGT, any material breach by RGT, or any material amendment to the License Agreement that affects the Field of Use; provided that Splash shall not be required to disclose information that is subject to confidentiality obligations to RGT or that is privileged.
The Collaboration shall not engage in any activities outside of the Field of Use without the prior written consent of both Parties.