Royalty Bearing Manufacturing Products definition

Royalty Bearing Manufacturing Products means a product containing one or more AAV Vectors manufactured or sold by or for Buyer, its Affiliates or Sublicensees, as applicable, which product, or its manufacture, sale or use, is Covered by a Valid Claim of a Manufacturing Patent Right anywhere in the world, even if such product is not covered by a Valid Claim in the country of manufacture, sale or use at the time of manufacture, use or sale.
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Examples of Royalty Bearing Manufacturing Products in a sentence

  • In further consideration of the Purchased Assets, and subject to the terms and conditions of this Agreement, Buyer shall on a quarterly basis after the Closing Date (within sixty (60) days after the end of each calendar quarter) pay a royalty of [*] on Buyer’s and Buyer’s Affiliates and any Sublicensee’s [*] of any Royalty Bearing Products (except that such rate shall be [*] with respect to any Sublicensee’s [*] of any Royalty Bearing Manufacturing Products).

  • For any Royalty Bearing Product that ceases to be Covered by a Valid Claim of a Transferred Patent Right in the country of its manufacture or sale at the time it is made or sold, as the case may be, the royalty rate on [*] of such Royalty Bearing Product shall be [*] (or [*] with respect to Sublicensee’s [*] of Royalty Bearing Manufacturing Products) for the remainder of such royalty period.

Related to Royalty Bearing Manufacturing Products

  • Royalty-Bearing Product means (a) any Product that is not a Co-Developed Product and (b) any Co-Developed Product to the extent sold outside of the Co-Development Territory.

  • Hemp products means all products made from industrial hemp,

  • medicinal product means any substance or combination of substances presented for treating or preventing disease in human beings or animals and any substance or combination of substances which may be administered to human beings or animals with a view to making a medical diagnosis or to restoring, correcting or modifying physiological functions in humans or in animals;

  • Finished Product means a cannabis product in its final form to be sold at a retail premises.

  • Finished Products means the fully assembled and shrink-wrapped Licensed Products, each including a Game Cartridge, Game Cartridge label and Printed Materials.

  • Licensed Products means tangible materials which, in the course of manufacture, use, sale, or importation, would be within the scope of one or more claims of the Licensed Patent Rights that have not been held unpatentable, invalid or unenforceable by an unappealed or unappealable judgment of a court of competent jurisdiction.

  • Tobacco product manufacturer means an entity that after the date of enactment of this act directly (and not exclusively through any affiliate) meets 1 or more of the following:

  • Hemp product means the same as that term is defined in § 3.2-4112.

  • Drug Product means a specific drug in dosage form from a known source of manufacture, whether

  • API means American Petroleum Institute.

  • Product Manufacturer means the entity that assembles the component parts to manufacture the final Product;

  • Pharmaceutical Product shall have the meaning ascribed to such term in Section 3.1(hh).

  • Manufacturing Materials means parts, tools, dies, jigs, fixtures, plans, drawings, and information produced or acquired, or rights acquired, specifically to fulfill obligations set forth herein.

  • Drug Substance means an active ingredient that is intended to furnish pharmacological activity or other direct effect in the diagnosis, cure, mitigation, treatment, or prevention of disease or to affect the structure or any function of the human body, but does not include intermediates used in the synthesis of such ingredient.

  • processed products means goods placed under a processing procedure which have undergone processing operations;

  • Final Product means a product that is not used in producing other products and is built and intended for use outdoors, provided the final product has not deteriorated or has otherwise become a potential source of contaminants.

  • Product means any deliverable under the Contract, which may include commodities, services, technology or software.

  • Manufacturing Know-How means, with respect to the Product or any Variant thereof, the technology, data, designs, processes, methods, specifications and other know-how used in connection with the formulation, manufacture, labeling, packaging, quality control, release testing, and production of the Product, and all ingredients used therein and portions thereof.

  • Biological product means a virus, therapeutic serum, toxin, antitoxin, vaccine, blood, blood component or derivative, allergenic product, protein other than a chemically synthesized polypeptide, or analogous product, or arsphenamine or any derivative of arsphenamine or any other trivalent organic arsenic compound, applicable to the prevention, treatment, or cure of a disease or condition of human beings.

  • Manufacturing Site means the facilities where a Compound is Manufactured by or on behalf of a Party, as such Manufacturing Site may change from time to time in accordance with Section 8.7.

  • New Products means any product which is not an Enhanced Product or Existing Product but which is substantially similar to an of this Agreement, "New Product" or "New Products" shall mean any product which is not an Enhanced Product or 2 Existing Product but which is substantially similar to an Existing Product with respect to design and function and possesses reasonable performance improvements. If Company desires to purchase an Enhanced or New Product(s) from Supplier, Company shall so notify Supplier and provide Supplier the opportunity to manufacture such Enhanced or New Product(s), subject to the following conditions and procedures.