Opiant Technology definition
Examples of Opiant Technology in a sentence
To the knowledge of the Seller, there are no facts that would preclude the Seller from having clear title to the Opiant Technology.
Except as contemplated by Section 2.1(a) and Section 2.1(d), the Seller has not assigned, in whole or in part, and has not granted, incurred or suffered to exist any Liens on the License Agreement, the Purchased Assets or any of the Seller’s right, title or interest in and to the Opiant Technology (other than, in the case of the Opiant Technology, the License Agreement).
In the event Seller is unable to or unwilling to secure one or more replacement Product Agreements within one hundred twenty (120) days of any such termination, Seller agrees that Purchaser shall have the right to negotiate a New Arrangement and grant a license of the Opiant Technology for Products on substantially the same terms as those in the Product Agreement that is being replaced.
The Seller is the exclusive owner of the entire right, title (legal and equitable) and interest in, to and under the Purchased Assets and the Opiant Technology and has good and valid title thereto, free and clear of all Liens.
Except for the license granted by the Seller to Licensee under the License Agreement, there are no licenses, sublicenses or other rights under the Opiant Technology that have been granted to any other Person.
The Seller has duly and legally filed or applied for registration for its ownership interest in the Patents included in the Opiant Technology in the United States Patent and Trademark Office, and the Seller is the sole or joint “owner of record” of such Patents in the United States.
There are no compulsory licenses granted or, to the knowledge of the Seller, threatened with respect to the Opiant Technology.