Know-How definition
Examples of Know-How in a sentence
In no case shall Aktis be required to transfer any results, data or other Know-How relating to the Aktis Platform and not relating to a Licensed Compound or Licensed Product.
Notwithstanding anything the contrary herein, Know-How exclusively licensed by Aktis to Lilly [***] (collectively, the “Licensed Information”), for purposes of this Agreement, is deemed to be ▇▇▇▇▇’▇ Confidential Information and, regardless of the Party first disclosing the same, ▇▇▇▇▇ shall be deemed the Disclosing Party, and Aktis shall be deemed the Receiving Party, with respect thereto.
If Aktis desires to (a) use any Patents or Know-How controlled by Aktis pursuant to an Excluded In-License in the performance of its activities under an applicable Research Plan or (b) incorporate any of the foregoing into any Licensed Compound or Licensed Product, then, in either case, Aktis shall promptly notify Lilly thereof [***].
Neither Party nor any of its Affiliates will use or practice any Know-How, Patents or other Intellectual Property Rights licensed or provided to such Party or any of its Affiliates outside the scope of or otherwise not in compliance with this Agreement.
It is understood and agreed that no sublicense is granted to ▇▇▇▇▇ by Aktis under the Excluded In-Licenses pursuant to this Agreement, and that no Patents or Know-How licensed to Aktis under the Excluded In-Licenses will be “Controlled” by Aktis under this Agreement, in each case unless and until such Excluded In-License becomes an Aktis In-License pursuant to Section 6.4.