License Effective Date definition
Examples of License Effective Date in a sentence
Prior to (I) Development Candidate Designation, with respect to the [***] Research Program or (II) the License Effective Date, with respect to each Immunology Research Program, as between the Parties, Licensor shall have the sole right, but not the obligation, to bring and control any legal action or proceeding against any Person engaged in any Product Infringement of a Licensor Foreground Research Patent or other Licensed Patent at its cost and expense.
Upon Novartis’ reasonable written request following the applicable License Effective Date, Licensor shall provide reasonable assistance to Novartis, its Affiliates and Sublicensees in connection with understanding and using the Licensed Know-How and Existing Materials provided in accordance with Section 3.6(a) (Licensed Know-How Transfer) and Section 3.6(c) (Licensed Compound and Licensed Product Transfer) for purposes consistent with licenses and rights granted to Novartis and its Affiliates hereunder.
From and after the License Effective Date for a given Licensed Program, Novartis shall have the right to brand the Licensed Products Directed To the applicable Licensed Target using Trademarks and any other branding elements it determines appropriate, which may vary by country or within a country (the “Novartis Trademarks”).
From and after the License Effective Date for a given Licensed Program, as between the Parties, other than with respect to the [***] Research Activities, Novartis shall be solely responsible for conducting, in its sole discretion (subject only to Section 5.3 (Development Diligence)), Development of Licensed Compounds and Licensed Products in the Field in the Territory.
All Inventions discovered, generated, conceived or reduced to practice from and after (A) the Development Candidate Designation, with respect to the [***] Research Program or (B) the License Effective Date, with respect to each Immunology Research Program, shall be solely owned by Novartis.