Licensed Product Royalty definition

Licensed Product Royalty means the royalty payable under Section 3.2 for the license set forth in Section 2.1(a) to Artann Patents and Artann Trade Secrets.
Sample 1
Licensed Product Royalty means royalties' payable pursuant to clause 5.4;
Sample 1

Examples of Licensed Product Royalty in a sentence

  • License Net Sales in the ROW Territory of Licensed Diagnostic Product (For each Licensed Product) Royalty Rate On all License Net Sales of such Licensed Diagnostic Product in the ROW Territory by Celgene, its Affiliates and Sublicensees [***] [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission.

  • Women and girls from other West African countries, particularly Liberia, Ghana, Sierra Leone, and Nigeria, may be subjected to commercial sexual exploitation in Senegal, including for international sex tourism.The Government of Senegal does not fully comply with the minimum standards for the elimination of human trafficking; however, it is making significant efforts to do so, despite limited resources.

  • Thereafter, each Party shall provide a copy of the then-current Commercialization Plan to the JSC at least once each Calendar Year during the Licensed Product Royalty Term and Takeda Royalty Term, as applicable.

  • Upon the expiration of the Licensed Product Royalty Term for each Licensed Product in each country in the Territory, Ultragenyx shall have a non-exclusive, fully-paid up and irrevocable license under the Licensed [***] Technology with respect to such Licensed Product in such country in the Ultragenyx Field for Licensed Products.

  • The royalty obligations set forth in this Section 6.4 above will commence, on a product-by-product and country-by-country basis, upon the First Commercial Sale of the relevant Valid Claim Licensed Product, and expire, on a product-by-product and country-by-country basis, upon the expiration of the last to expire Valid Claim within the Payment-Based Valid Claims that Covers the sale of such Valid Claim Licensed Product in such country (“Valid Claim Licensed Product Royalty Term”).

  • This procedure is applicable to all employees responsible to the governing body in this school.

  • Subject to the remainder of this Section 8.5, Seagen shall make non-refundable, non-creditable royalty payments to RemeGen on the cumulative Net Sales of the RC48 Licensed Product sold in the Seagen Territory by or on behalf of Seagen, its Affiliates or sublicensees during the RC48 Licensed Product Royalty Term, calculated by multiplying the applicable royalty rate set forth below by the aggregate amount of Net Sales of the RC48 Licensed Product sold in the Seagen Territory in the applicable Calendar Year.

  • License Annual Net Sales worldwide of Diagnostic Product (For each Licensed Product) Royalty Rate On all License Annual Net Sales of such Diagnostic Product worldwide by Celgene, its Affiliates and Sublicensees [***] [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission.

  • Subject to Sections 4.6, 4.7 and 4.8 below, LICENSEE shall pay to LICENSOR an incremental, tiered royalty equal to the applicable royalty rate set forth below, multiplied by the relevant portion of all annual Royalty Bearing Net Sales by LICENSEE and Related Parties of each Licensed Product sold in the Royalty Bearing Territory in each calendar year as set forth below: Annual Net Sales of Licensed Product Royalty Rates for a Licensed Product with Valid Patent Protection.

  • After being on Enrollment Maintenance Status, a student may take a Leave of Absence for an additional semester, if they choose, before returning full-time to the program.

Related to Licensed Product Royalty

  • Licensed producer means a person or entity licensed to produce medical cannabis.

  • Licensed Product means a product, method or service in the Licensed Field of Use, the making, having made, using, importing or selling of which, absent this license, infringes, induces infringement, or contributes to infringement of a Licensed Patent.

  • Licensed Products means tangible materials which, in the course of manufacture, use, sale, or importation, would be within the scope of one or more claims of the Licensed Patent Rights that have not been held unpatentable, invalid or unenforceable by an unappealed or unappealable judgment of a court of competent jurisdiction.

  • Collaboration Product means a pharmaceutical product containing or comprising Compound in any dosage form alone, or in combination with, one or more other pharmaceutically active ingredients, and any and all Improvements thereto.

  • Hemp product means the same as that term is defined in § 3.2-4112.

  • Diagnostic Product means any test or assay for diagnosing or detecting a disease, disorder, medical condition, or symptom.

  • Licensed Compound means [***].

  • Licensed Services means all functions performed by the Licensed System.

  • Licensed Compounds means any EZH2 Compound(s) that is:

  • Hemp products means all products made from industrial hemp,

  • Licensed Service means a service provided using Licensed Products or Licensed Methods, including, without limitation, any such service provided in the form of contract research or other research performed by Licensee on behalf of a third party.

  • New Product means the Synology-branded hardware product and Synology-branded accessories contained in the original packaging Customer bought from an authorized Synology distributor or reseller. You may see our “New Product” at Product Support Status.

  • Royalty-Bearing Product means (a) any Product that is not a Co-Developed Product and (b) any Co-Developed Product to the extent sold outside of the Co-Development Territory.

  • Net Sales means [***].

  • Licensed Territory means worldwide.

  • Licensed Program means the executable processing programs of licensed information, which is composed of various modules in the Licensed Software package provided by the Licensor.

  • Generic Product means any pharmaceutical product that (i) is sold by a Third Party that is not an Affiliate or licensee of Buyer and (ii) (a) contains the same active pharmaceutical ingredient as the Product or (b) is categorized by the applicable Governmental Entity in a country to be therapeutically equivalent to, or interchangeable with, the Product, such that the pharmaceutical product may be substituted for the Product at the point of dispensing without any intervention by the prescribing physician in such country.

  • Licensed Field means all fields of use.

  • Roll-on product means any antiperspirant or deodorant that dispenses active ingredients by rolling a wetted ball or wetted cylinder on the affected area.

  • Final Product means a product that is not used in producing other products and is built and intended for use outdoors, provided the final product has not deteriorated or has otherwise become a potential source of contaminants.

  • Finished Product means a cannabis product in its final form to be sold at a retail premises.

  • processed products means goods placed under a processing procedure which have undergone processing operations;

  • Licensed System means, collectively:

  • Third Party Royalties means royalties payable by either Party to a Third Party in connection with the manufacture, use or sale of Franchise Products.

  • Combination Product means any product that comprises a Licensed Compound or Licensed Product sold in conjunction with another active component so as to be a combination product (whether packaged together or in the same therapeutic formulation).

  • Royalty Term has the meaning set forth in Section 8.3(b).