Licensed Process definition

Licensed Process means a method, procedure, process, or other subject matter whose practice or use is Covered By any claim or claims included within the Patent Rights or uses Technology Rights.

Licensed Process means any process practiced in a country in which said process is covered in whole or in part by an issued, unexpired, and not adjudicated unenforceable claim or pending claim contained in the Patent Rights.

Licensed Process means any process that, absent the license granted hereunder, would infringe one or more claims of the PATENT RIGHTS or which uses a LICENSED PRODUCT.

Examples of Licensed Process in a sentence

• Because the invention is not yet commercially viable, as of the Effective Date, LICENSEE will diligently develop, manufacture, and sell Licensed Product and/or Licensed Process, and will diligently develop markets for Licensed Product and/or Licensed Process.

• After the first commercial sale of said Licensed Product or Licensed Process, LICENSEE must maintain commercial general liability insurance in the amounts of not less than three million dollars ($3,000,000) per incident and five million dollars ($5,000,000) annual aggregate.

• If a regulatory agency such as the FDA, European Medicines Agency, or equivalent, determines that a certain milestone is not necessary for continued development and/or marketing of a Licensed Product and/or Licensed Process, it shall be as if the milestone was met.

• Immediately prior to the commencement of the first clinical trial for said Licensed Product or Licensed Process, UNIVERSITY, its employees and agents, will be named as additional insured.

• After the commencement of the first clinical trial for said Licensed Product or Licensed Process but prior to the first commercial sale of said Licensed Product or Licensed Process, LICENSEE must maintain commercial general liability insurance in the amount of not less than one million dollars ($1,000,000) per incident, and clinical trials liability insurance in the amount of not less than three million dollars ($3,000,000).

More Definitions of Licensed Process

Licensed Process means a method or process whose practice or use is covered by a Valid Claim.

Licensed Process means:

Licensed Process means any process that would infringe any one of the issued, valid, enforceable, unexpired claim(s) or any one of the pending claim(s) contained in the Patent Rights in any country.

Licensed Process means any process which is covered in whole or in part by an issued, unexpired claim or a pending claim contained in the PATENT RIGHTS.

Licensed Process means any process that would infringe one or more Valid Claims of a Licensed Patent, but for the license granted in Section 2.1.

Licensed Process means any process, which is related to pending applications listed in Appendix A or is covered, in whole or in part, by an issued, unexpired claim or a pending claim contained in the Patent Rights.

Licensed Process means the proprietary lingual spray technology for the delivery of pharmaceutical compounds through the mucosal membrane of the mouth using an aerosol or pump spray device that is under the Control of NovaDel as of the Effective Date and any Improvements thereto that are conceived and reduced to practice by NovaDel in the course of performing the Development Activities.