Examples of Scripps License in a sentence
Notwithstanding anything herein to the contrary, with respect to any unit of Licensed Product only a single royalty shall be due to Scripps at the highest applicable rate for such unit regardless if such Licensed Product is covered by more than one Valid Claim or would be a Licensed Product under more than one Scripps License Agreement.
The parties hereto acknowledge that the parties may enter into multiple license agreements with respect to technologies arising out of the Research Agreement, including this Agreement (collectively, the "Scripps License Agreements") pursuant to which Licensee will owe royalties and milestone payments.
For the purposes of clarity, Ambrx (and not Agensys) shall be responsible for all of the financial and other obligations of Ambrx (and/or any of its Affiliates) to the counterparty under the Scripps License, including any and all financial obligations to such counterparty with respect to Net Sales of Agensys and its Related Parties.
Ambrx represents and warrants to Agensys that it has provided to Agensys in writing prior to the Effective Date a true, correct and complete copy of the Scripps License, and such copy includes any and all amendments, restatements, side letters, or other modifications thereto, as the Scripps License is in effect as of the Effective Date.
Cempra shall be entitled to terminate this Agreement upon written notice to Toyama if Toyama or any Sublicensee is convicted of a felony or similar crime relating to the development, manufacture, use, marketing, distribution or sale of Licensed Products and Scripps terminates the Scripps License on the basis of such conviction.
CORVAS hereby assigns to OCD the Scripps License Agreement and all Of CORVAS' rights and obligations thereunder.
In partial consideration for such assignment, OCD hereby agrees that it will not take any action which would impair its ability to assign the Scripps License Agreement back to CORVAS pursuant to Section 8.3.
Within thirty (30) Calendar Days of Cempra’s provision of any royalty report to Scripps under the Scripps License that relates to the payment of royalties to Scripps with respect to Toyama’s or Sublicensees’ sales of Licensed Products in the Territory, Cempra shall provide Toyama a copy of the portion of such report related to sales of Licensed Products under this Agreement and confirm the amount of Cempra’s corresponding royalty payments to Scripps with respect thereto.
Further, Cempra shall promptly provide Toyama a copy of any notice of breach from Scripps to Cempra under the Scripps License that relates to the payment of royalties on sales of Licensed Products in the Territory under this Agreement.
Each party hereby represents and warrants that such party is duly authorized to execute and deliver this Agreement and to perform its obligations hereunder, subject to the written consent of Scripps Clinic and Research Foundation to the assignment of the Scripps License Agreement from CORVAS to OCD pursuant to Section 2.3.