Royalty-Bearing Products definition

Royalty-Bearing Products means any Licensed Products which use all or any part of the Baylor Technology.

Royalty-Bearing Products means the food products described on Exhibit B hereto, that are sold as commercially pre-baked cookies using the Licenced Names and Marks.

Royalty-Bearing Products means Sensor/Accelerometer Devices which, as sold or otherwise disposed of, (i) come within any claim of an unexpired patent, or patent application that issues as a patent, assigned by TTI to Sensors under the Purchase Agreement or (ii) are made by use of a process or equipment which, at the time of such making, comes within any claim of an unexpired patent, or patent application that issues as a patent, assigned by TTI to Sensors under the Purchase Agreement.

Examples of Royalty-Bearing Products in a sentence

• Licensee represents and warrants that it will comply, and will ensure that its Subsidiaries and Sublicensees comply, with all local, state, federal and international laws and regulations relating to the development, manufacture, use, sale and importation of Royalty-Bearing Products.

• The milestone payments set forth in Section 4.4.1.4 through Section 4.4.1.10 shall be creditable against any royalty amounts payable under Section 4.5 below with respect to Royalty-Bearing Products sold in the [***] period following the achievement date of the milestone.

• If Licensee, its Affiliate, Sublicensee, Strategic Partner, Know-How Enabled Product Licensee or Discovered Product Licensee (“Challenging Party”) commences an action in which it challenges the validity, enforceability or scope of any of the Patent Rights (a “Challenge Proceeding”), the royalty rates specified in Section 4.5.1 will be doubled with respect to Net Sales of Royalty-Bearing Products that are sold during the pendency of such Challenge Proceeding.

• Licensee shall use Commercially Reasonable Efforts and shall cause its Sublicensees to use Commercially Reasonable Efforts: (a) to develop Royalty-Bearing Products in accordance with the Development Plan; (b) to introduce Royalty-Bearing Products into the commercial market; (c) to market Royalty-Bearing Products following such introduction into the market; and (d) to make Royalty-Bearing Products available at locally-affordable prices in Developing Countries.

• If the outcome of such Challenge Proceeding is a determination against the Challenging Party, (a) the royalty rates specified in Section 4.5.1 with respect to Net Sales of Royalty-Bearing Products shall remain at such doubled rate and (b) Licensee shall reimburse Harvard for all expenses incurred by Harvard (including reasonable attorneys’ fees) in connection with such Challenge Proceeding.

More Definitions of Royalty-Bearing Products

Royalty-Bearing Products means Hardware Product(s) and Disposable Product(s) only.

Royalty-Bearing Products means cross-linking agents sold or otherwise distributed by Licensee, Affiliates or Sublicensees to third parties performing in the Territory cross-linking procedures in the Field that are either Post-Surgical Procedures or Keratoconus Procedures (Post-Surgical Procedures and Keratoconus Procedures collectively are hereinafter “Royalty-bearing Procedures”). If Licensee, Affiliates or Sublicensees do not sell or otherwise distribute cross-linking agent(s) to a third party in connection with a performance of the Royalty-bearing Procedures in the Territory, “Royalty-bearing Products” means any product sold or otherwise distributed by Licensee, Affiliates or Sublicensees to the third party that provides a grant of right to the third party for the performance of the Royalty-bearing Procedures.

Royalty-Bearing Products means any product sold or otherwise distributed by Licensee, Affiliates or Sublicensees to the third party that provides a grant of right to the third party for the performance of the Royalty-bearing Procedures.

Royalty-Bearing Products means any material either that is covered by the Patent Rights, Related Technology, Licensed Method, UC Patent Rights or UC Technology Rights, or that the manufacture, use or sale of which would constitute, but for the licenses granted to the Company pursuant to this Agreement and the UC Agreement, an infringement of any issued claim within the Patent Rights or the UC Patent Rights.

Royalty-Bearing Products means the food products manufactured by MFB's designated supplier and described on Exhibit B hereto, that are sold as frozen cookie dough using the Licensed Names and Marks.

Royalty-Bearing Products means any Products which use all or any part of the Subject Technology.

Royalty-Bearing Products mean a product: (i) the manufacture, sale or use of which would infringe a VALID CLAIM within the PATENT RIGHTS in the country for which the product is SOLD (“PATENT PRODUCT”), or (ii) that contains a compound provided to LICENSEE as part of the CORE TANGIBLE RESEARCH MATERIALS, the structure of which was not publicly known at the time it was so provided to LICENSEE, or a DERIVATIVE of such a compound if the DERIVATIVE was discovered, and first synthesized, solely by the LICENSEE within [***] (“DISCOVERED PRODUCT”).