Licensed IP definition
Examples of Licensed IP in a sentence
All Seller Licensed IP is licensed to Sellers pursuant to valid, written license agreements.
Company has not, prior to the Effective Date, and shall not during the Term, analyze, design around, or otherwise reverse engineer, or authorize or cause a Third Party to analyze, design around, or otherwise reverse engineer, the Licensed IP Rights or PH20 Drug for chemical composition or utilize Halozyme’s Confidential Information for development of a PH20 Drug biosimilar, generic, biobetter, or other variant, or otherwise assist any Third Party in doing any of the foregoing.
For purposes of this Section 3.4(b), the acquisition of the Third-Party Rights shall be considered “necessary” if Rasayana reasonably determines that the use of the Licensed IP by ▇▇▇▇▇▇▇▇ in the sale of the Product would otherwise infringe the intellectual property rights of the Third Party or Third Parties.
Subject to the terms and conditions of this Agreement, Halozyme hereby grants to Company a limited, non-exclusive, non-transferable [***], worldwide license under the Licensed IP Rights, to develop, make, have made, use, offer for sale, sell and import Products in the Territory for use in the Field.
Subject to the terms of this Agreement, Theriva grants to Rasayana and its Affiliates an exclusive (even as to Theriva), worldwide, royalty and fee-bearing, non-transferable license (except pursuant to Section 10.5), with the right to sublicense through multiple tiers (subject to Section 2.2) under the Licensed IP to Research, Develop, Manufacture, and Commercialize one or more Products in the Field in the Territory.