FTO Notification definition

FTO Notification has the meaning set forth in Section 10.1 of this Agreement.
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Examples of FTO Notification in a sentence

  • If the FTO Notification concerns a Unilateral Product, the respective Continuing Party shall be solely responsible for the course of action but will closely consult with the respective Opt-Out Party.

  • Each Party shall promptly inform the other Party in writing if it deems that a license of any intellectual property rights owned or Controlled by a Third Party is needed to Commercialize a Collaboration Product or a Unilateral Product for which the other Party is responsible (FTO Notification).

  • If the FTO Notification concerns a Collaboration Product, the Parties will discuss and agree any required or advisable measures in the Joint IP Committee and/or the relevant Joint Steering Committee.

  • If the FTO Notification concerns an LCA Product, the Parties will discuss and agree any required or advisable measures in respect of the same in the Joint IP Committee and/or the relevant Joint Steering Committee.

  • Each Party shall promptly inform the other Party in writing if it deems that a license of any intellectual property rights owned or controlled by a Third Party is needed to Develop or Commercialize an LCA Product or develop or commercialize a Unilateral Product for which the other Party is responsible (FTO Notification).