Examples of Licensed Variety in a sentence
Production of Certified Seed of Licensed Variety is restricted to Licensee and or Licensee’s contract growers who are contractually obligated under the terms and conditions of this Agreement.
Licensee shall submit to Cornell a Royalty Report annually on or before October 1st for the sales of Licensed Variety during the prior 12 month period beginning October 1st and ending on September 30th of that year.
Licensee shall keep accurate and correct records of (1) all the Licensed Variety maintained; and (2) the quantity of Licensed Variety produced and sold under this Agreement.
Please include the status of the Licensed Variety e.g. Nuclear = “N”; Generation = “G”, G1, G2, G3…; Field Year = “FY”, FY1, FY2, FY3…; Certified “C”; Foundation = “F”; or the terms used by your local certification agency for seed potatoes relating to specific criteria to disease tolerances and other requirements, increasing inventory efforts, etc.
Cornell hereby grants to Licensee a non-exclusive license to produce, label, sell, and market Certified Seed of Licensed Variety under Plant Rights in the Field in the Territory.