Licensed Product or Process definition

Licensed Product or Process means any and all products or processes for performing a Test which embodies Know-How or whose manufacture, use, import, or sale, except for the licenses granted hereunder, would constitute an infringement of a Valid Claim in Patent Rights.
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Examples of Licensed Product or Process in a sentence

  • The Licensee shall achieve [***] of a Licensed Product or Process to occur on or before [***].

  • Such a sub-license to an end-user shall continue for the life of the Licensed Product or Process or the life of the Patent Rights or any other patent rights which are licensed hereunder, whichever is shorter.

  • Submission of a New Drug Application (NDA) (or its equivalent) to the FDA (or its foreign equivalent) for a Licensed Product or Process by the end of the fourth quarter of 2004.

  • Submission of a New Drug Application (NDA) (or its equivalent) to the FDA (or its foreign equivalent) for a Licensed Product or Process by the end of the second quarter of 2006.

  • Submission of a New Drug Application (NDA) (or its equivalent) to the FDA (or its foreign equivalent) for a Licensed Product or Process by the end of the first quarter of 2006.

  • The Licensee shall achieve [***] of a Licensed Product or Process to occur on or before [***] ([***]) [***].

  • Article 3.1 i has been amended so that, in Phase 2 of BAYER's development, BAYER and LICENSOR will agree upon reasonable royalty rates for sales of Licensed Product or Process sold by BAYER under its exclusive License.

  • Purchaser’s obligation to pay the Product Royalty or Treatment Royalty hereunder shall accrue as and when Purchaser receives payment from the sale or use of a Licensed Product or Process.

  • Execution, delivery and consummation of this Agreement will not result in the breach of or give rise to cause for termination of any agreement or contract to which the Partnership or its Affiliates may be a party or, to the Partnership's knowledge, which otherwise relates to the Patents, the Licensed Product or Process, or any Technical Information relating to any of the foregoing.

  • LIGAND hereby agrees to indemnify, defend and hold harmless FOUNDATION and/or SRI (hereinafter "Indemnitees") from and against any liability or expense arising from any product liability claim asserted by any party as the result of the use of any Licensed Product or Process or any product liability claim arising from the use of any Licensed [*] CONFIDENTIAL TREATMENT REQUESTED Patent by LIGAND, its assignee or licensee pursuant to this Agreement.