Licensed Territory definition

Licensed Territory means worldwide.
Licensed Territory means the world.
Licensed Territory means the geographical area identified in Appendix B.

Examples of Licensed Territory in a sentence

  • Aspen shall, during the Term, use its reasonable efforts to exploit the market for the Licensed Product in the Licensed Territory.

  • Until (i) the lapsing, expiry, abandonment or cessation of the last Valid Claim of the Licensed IP or (ii) the tenth (10th) anniversary of the first commercial sale of the Licensed Product in the Licensed Territory, whichever is later (the “Royalty Term”), Aspen shall pay to Sumitomo a non-refundable Royalty, with respect to each Licensed Product on a country-by-country basis, at a rate equal to [***], within forty (40) calendar days from the end of the applicable Fiscal Year.


More Definitions of Licensed Territory

Licensed Territory means all countries of the world.
Licensed Territory means the United States of America, its territories and possessions, and any foreign countries where REGENTS’ PATENT RIGHTS are licensed to LICENSEE under this AGREEMENT.
Licensed Territory shall be worldwide.
Licensed Territory means the United States of America.
Licensed Territory means the United States (including its possessions and territories) and Canada. The Licensed Territory may be modified and/or supplemented by SCEA from time to time pursuant to Section 4.4 below.
Licensed Territory means the United States of America, its possessions and territories, (list of countries where patent rights are available and the licensee has agreed to reimburse patent filing, prosecution and maintenance cost).
Licensed Territory means, as specified in the Cover Sheet: