Licensed Field definition
Examples of Licensed Field in a sentence
Licensee shall (either by itself or with or through its Affiliates or Sublicensees) use Commercially Reasonable Efforts to commercialize (including obtaining Regulatory Approvals necessary for commercialization of) the Licensed Product in the Licensed Field in the Territory.
Novan shall deliver to Sato copies of Novan Scientific Information that is necessary for the development, manufacture or commercialization of the Licensed Product in the Licensed Field in the Licensed Territory becomes available in tangible or written form after the Effective Date, as may be mutually agreed upon by the Parties.
If S▇▇▇ so exercises the Option, the Parties shall negotiate in good faith until the expiration of the Option Period or until the Parties enter into the Additional License Agreement, whichever is earlier, the terms pursuant to which Sato would obtain an exclusive license to develop and commercialize the Licensed Product in the Licensed Field in the Additional Licensed Territories (excluding the Third-Party Territory) (such license, the “Additional License Agreement”).
Sato shall be responsible for the selection, registration and maintenance of all trademarks which it employs in connection with the commercialization of any Licensed Product in the Licensed Field in the Licensed Territory under this Agreement, other than the Novan Trademarks (the “Sato Trademarks”).
Whenever any material event occurs in the course of the development of the Licensed Product by Sato, but in no event less than [***] during the Term of this Agreement, S▇▇▇ shall disclose to Novan all Sato Scientific Information resulting from all development activities with respect to the Licensed Product in the Licensed Field conducted by Sato or its Affiliates, and a description of the status of such development efforts.