LSC Licensed Technology definition

LSC Licensed Technology means the LSC Patents, LSC Patent Applications, LSC Know-How and LSC Trademarks; provided, however, in no case shall the LSC Licensed Technology include any LSC Excluded Technology, which shall be subject to a separate agreement.
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Examples of LSC Licensed Technology in a sentence

  • LSC reserves for itself a nonexclusive, nontransferable right to use the LSC Licensed Technology in the Field of Use solely for noncommercial research and development purposes.

  • This Agreement shall be assignable by either party hereto so long as such assignee agrees in writing to be bound by the terms and conditions of this Agreement; provided that an assignment by LSC shall be conditioned upon receipt by LSO of satisfactory evidence of the sale, assignment or transfer to the same assignee of the LSC Licensed Technology.

  • Subject to the License, any and all intellectual property created, generated or developed by or on behalf of LSC during the Term shall vest in and be owned by LSC and, if necessary or useful in the Field of Use, shall be included in the LSC Licensed Technology.

  • This Agreement shall be assignable by either party hereto so long as such assignee agrees in writing to be bound by the terms and conditions of this Agreement; provided that an assignment by LSC shall be conditioned upon receipt by LSO of satisfactory evidence of the sale, assignment or transfer to the same assignee of the LSC Licensed Technology (as defined in the LSC/LSO License Agreement) and LSC's rights and obligations under the Meiji License Agreement.

  • Other than as provided in Section 7.3, in no event shall LSC be liable for any use by LSO of the LSC Licensed Technology or any loss, claim, damage or liability of any kind or nature, which may arise from or in connection with acts by LSO under this Agreement or the use of the LSC Licensed Technology by LSO.

  • During the Term, LSC shall promptly disclose to LSO all documented new inventions, discoveries and know-how owned or controlled by LSC that (i) are related to the LSC Licensed Technology or (ii) are necessary, useful or requested by LSO for the research, development, manufacture or commercialization of any Licensed Product, in each case irrespective of any Field of Use restrictions.

  • LSC represents that as of the date of this Amendment, LSC has not assigned, licensed or transferred any right, title or interest, contingent or otherwise, in or to the LSC Licensed Technology other than to LSO pursuant to the Original Agreement.