Geneart definition
Examples of Geneart in a sentence
Licensee may terminate this Agreement without specification of any reason upon sixty (60) days’ prior written notice to Geneart in accordance with Section 13.2. The termination shall become effective at the end of the sixty (60) day notice period.
If Licensee and/or Authorized Affiliates elect to self-insure all or part of the limits described above (including deductibles or retentions which are in excess of $[**] annual aggregate) such self-insurance program must be acceptable to Geneart and MGH.
Geneart and its Affiliates may disclose the name and logo of Licensee and/or Authorized Affiliates as a licensee of Patent Rights orally to Third Parties and on their respective web pages without prior consent of Licensee.
Licensee shall, and shall cause Authorized Affiliates to, retain and make available to Geneart or MGH and each of their representatives upon at least [**] days’ advance written notice, such records for at least [**] years following the end of the calendar year to which they pertain, for inspection during normal business hours, to verify any payments made and/or compliance in other respects with this Agreement.
Except as is specifically provided herein, this Agreement shall not limit the rights of Geneart or its Affiliates in any way.
Licensee shall, and shall cause Authorized Affiliates to, maintain complete and accurate records relating to the rights and obligations under this Agreement and any amounts payable to Geneart in relation to this Agreement, which records shall contain sufficient information to permit Geneart and its representatives to confirm the accuracy of any payments delivered to Geneart and compliance in all other respects with this Agreement.
In the event this Agreement is transferred from Geneart to MGH under Section 5.6, this Section 13.14 shall be considered null and void.
Licensee shall promptly notify Geneart once it and/or any Authorized Affiliates become aware that any Service Provider is using the Licensed Cell Line other than as permitted under this Agreement.
All decisions and rights to enforce Patent Rights against infringing or allegedly infringing Third Parties reside with Geneart and its Affiliates, and nothing in this Agreement shall be construed to require Geneart or its Affiliates to take any action to address any infringement or potential infringement or to otherwise enforce Patent Rights.
Licensee shall indemnify and hold harmless Geneart and its Affiliates for any breach of Licensee’s or Authorized Affiliates’ obligations under this Section 13.3.