Limited Exclusive definition
Examples of Limited Exclusive in a sentence
Forty Seven, itself or through a designee, has the first right to institute suit, or defend any action for declaratory judgment, relating to the Exclusive Patents and/or the Limited Exclusive Patents, and may name Stanford, subject to the requirements of this Section 14.4, as a party for standing purposes.
Stanford previously licensed nonexclusively, inventions defined below as Limited Exclusive Patents to a third party.
If Forty Seven does not initiate an enforcement action within [*] days of a request by Stanford to do so or Forty Seven does not elect to control a declaratory judgment action within [*] days of receiving notice that such action has been filed, in each case relating to the Exclusive Patents and/or the Limited Exclusive Patents, Stanford has the right to institute and prosecute such a suit or defend any such declaratory judgment action.
Any FundingMember that does not sign the Limited Exclusive License during the Option Period has no further right to that NMSUInvention.
If at least one Limited Exclusive License is signed pertaining to an NMSUInvention, then University has no right to offer any additional license for that NMSUInvention as long as that Limited Exclusive License has effect.
Any Member that elects to become a Funding Member has an option through the Option Period to acquire a Limited Exclusive License in NMSUInvention that occurs while holding Member status.
If at least one Limited Exclusive License is signed pertaining to an NMSU Invention, then University has no right to offer any additional license for that NMSU Invention as long as that Limited Exclusive License has effect.
Any Member that elects to become a Funding Member has an option through the Option Period to acquire a Limited Exclusive License in NMSU Invention that occurs while holding Member status.
Any Funding Member that does not sign the Limited Exclusive License during the Option Period has no further right to that NMSU Invention.
The purpose of this Amendment One is to reflect a change in the scope of the original License Agreement to include the licensing of certain trademarks owned by THE REGENTS, as provided for in Attachment 1 (entitled "Limited Exclusive Patent, Copyright and Trademark License Agreement") to this Amendment One which is incorporated in its entirety by this reference.