Licensed Product definition
Examples of Licensed Product in a sentence
Apollomics agrees to mark or have marked with the Licensed Patents and Joint Patents to the extent consistent with applicable Law any Licensed Product sold by Apollomics in accordance with the statutes of the Licensed Territory relating to the marketing of patented articles.
Nothing herein shall prevent Apollomics from disclosing any Edison Confidential Information to the extent that such Edison Confidential Information is required to be used or disclosed for the purposes of seeking or obtaining Marketing Approvals of the Licensed Product in the Licensed Field in the Licensed Territory or seeking patent protection for Inventions it owns or has responsibility for prosecuting under Article 11.
As between the Parties, Apollomics shall solely bear all costs and expenses for the Development of the Licensed Product in the Licensed Territory to the extent in accordance with a budget to be agreed to between the Parties in writing, including without limitation all costs and expenses for all regulatory activities associated with the Licensed Product in the Licensed Territory.
Apollomics may at its discretion appoint distributors or wholesalers for the Licensed Product in the Licensed Field in the Licensed Territory.
Edison shall provide a summary of its technical and other efforts made towards the first commercial sale of the Licensed Product outside the Licensed Territory at each meeting of the JSC and shall provide the JSC with any updates that have occurred since the last meeting.