Modex Field definition
Examples of Modex Field in a sentence
Subject to the terms and conditions of this Agreement, CTI hereby grants to Modex an exclusive, royalty-bearing, worldwide license, including the right to grant sublicenses, under the CTI Technology to use, sell and have sold Modex Licensed Products in the Modex Field.
Any future patent (including all additions, divisions, continuations, continuations-in-part, substitutions, extensions, patent term extensions and renewals thereof), or patent application (including patents issued thereon) owned by CTI or under which CTI has the right to grant licenses to Modex in the Modex Field to the extent, and only to the extent, that such patent or patent application covers the CTI Know-How described in Section 1.3.3 as of the Restatement Date.
The Party appointing a Sublicensee shall be responsible for all obligations of such Sublicensee hereunder, including without limitation their obligation to pay royalties on sales of Licensed Products, and the obligation of such Sublicensees not to sell Licensed Products outside, in the case of Modex Sublicensees, the Modex Field, and, in the case of CTI Sublicensees, the CTI Field.
No material liability to the PBGC (other than for the payment of current premiums which are not past due) by any Obligor, any Subsidiary or any ERISA Affiliate has been or is expected by any Obligor, any Subsidiary or any ERISA Affiliate to be incurred with respect to any Plan.
Subject to the terms and conditions of this Agreement (including, without limitation, the provisions of Section 6.6), CTI also hereby grants to Modex a Non-exclusive, royalty-bearing world-wide license, including the right to grant sublicenses, under the CTI Know-How, to manufacture and to have manufactured Modex Licensed Products in the Modex Field.
Subject to the terms and conditions of this Agreement (including, without limitation, the provisions of Section 6.6), CTI also hereby grants to Modex a co-exclusive, royalty-bearing world-wide license, including the right to grant sublicenses, under the CTI Patents, to manufacture and to have manufactured Modex Licensed Products in the Modex Field.
In the event during the term of this Agreement Modex desires to obtain exclusive rights to the Joint Technology to use, sell and have sold products in the Modex Field, Modex shall give notice to CTI of its desire and CTI shall agree not to use, sell or have sold products in the Modex Field utilizing the Joint Technology or any portion thereof.