R&D License definition

R&D License has the meaning set forth in Section 4.4 hereof.
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R&D License means any inbound license entered into in the ordinary course of business for research and development (but not, for the avoidance of doubt, for commercialization) purposes with an acquisition cost of $[**] or less and which is not part of a larger transaction or series of transactions.
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R&D License has the meaning set forth in Section 6.1.
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Examples of R&D License in a sentence

  • D represents and warrants to the other Parties that it has not granted any sub-licenses or any other rights of any nature to any third parties pursuant to the Elan License Agreement or the MS R&D License Agreement.

  • The rights and licenses of the Parties concerning Intellectual Property shall be governed by, and subject to, the terms of the R&D License Agreement, the terms of which are incorporated by reference.

  • The terms of this Agreement shall be treated as Confidential Information (as defined in the R&D License Agreement).

  • Notwithstanding anything herein to the contrary, the Preliminary Design Specifications shall be Solid Power’s Background IP and the Final Design Specifications shall be Joint IP (as defined in the R&D License Agreement).

  • Subject to the terms and conditions of this Agreement, Acucela hereby grants to YouHealth an exclusive (even as to Acucela), royalty‑free, fully‑paid license, without the right to sublicense, under the Acucela Technology and Acucela’s interest in the Joint Technology, solely to develop, make, have made, use and import Compound and Products solely in the Field in the YouHealth Territory (the “YouHealth R&D License” and, together with the Acucela R&D License, the “R&D Licenses”).

  • If Curis fails to deliver the Option Fee prior to the expiration of the Option Period, then the Option, the Curis R&D License and all other rights and licenses granted hereunder shall be deemed terminated, null and void and the Curis Commercial License shall never be exercisable.

  • Instead of a Form 1-UIC, a Research and Development License application submits a Form 5 R&D License, In-Situ.

  • The rights and obligations of the Parties concerning confidentiality shall be governed by, and subject to, the confidentiality clause contained in the R&D License Agreement.

  • If Curis fails to deliver the Upfront Fee within the specified period, then the Option and the Curis R&D License shall be deemed terminated, null and void.

  • The Parties will work together in good faith to approve a final design for the SK On Line in accordance with the terms set forth in the R&D License Agreement, which shall include performance benchmarks for the Equipment and SK On Line.