Stackable License definition

Stackable License means any Third Party License for which AstraZeneca may take offsets pursuant to Section 8.6.1(a) or Section 8.6.1(b).

Examples of Stackable License in a sentence

  • Any [***] that are reasonably allocable to more than one Licensed Product or other products of AstraZeneca or its Affiliates that, in each case, are in clinical trials or are being commercialized as of the effective date of such Stackable License shall be reasonably allocated by AstraZeneca among such Licensed Products and products.

  • Prior to or promptly after taking a Stackable License, AstraZeneca shall inform MAP of such allocation, and MAP shall have the right to have a third party expert, reasonably acceptable to AstraZeneca, audit such allocation to determine whether such allocation is reasonable, which audit shall otherwise be conducted in accordance with the procedures set forth for financial audits set forth in Section 8.11.2.

  • Notwithstanding Section 8.6.1, the license granted to MAP pursuant to the Elan License Agreement shall not be deemed a Stackable License.

  • AstraZeneca shall have the right to credit, to the extent permitted by, and in accordance with, Section 8.6.1, all royalties, milestones, and upfront license fees that AstraZeneca is ordered to or agrees to pay to a Third Party under a Stackable License in order to secure the right to continue the Exploitation of the Licensed Products pursuant to this Article 15, against the royalty payments to be paid by AstraZeneca to MAP with respect to the sale of Licensed Products under Section 8.2 [***].

  • For the avoidance of doubt: (i) a license for rights to [***] but any Net Sales with respect to [***] would be subject to adjustment [***]; (ii) a license to [***] would be a Stackable License under Section 8.6.1(a); (iii) a license to [***] would be a Stackable License under Section 8.6.1(a); and (iv) a license to [***] would not be a Stackable License but any Net Sales with respect to such other active ingredient would be subject to adjustment [***].

Related to Stackable License

  • Driver license means a license that is issued by a state to

  • Software License means a license for the Software granted under this ▇▇▇▇ to the Licensee;

  • Technology License Agreement means that certain Amended and Restated Technology License Agreement by and between Intel, Micron and the Joint Venture Company dated as of the Effective Date, as amended.

  • Supply Licence means the licence granted to us under section 6(1)(d) of the Act;

  • System License means a right to use certain DS Offerings for a specific database instance or as may be otherwise indicated in the Product Portfolio. A minimum number of Named User’s (or Extended Enterprise Named User’s, as applicable) rights to use certain identified DS Offerings may be required in order to be granted a System License. If the name of the DS Offering includes a specific reference to “Departmental Site License”, such DS Offering shall be used only within a particular department of Customer at a particular office, building or physical location which shall be identified in the Transaction Document. Token Based. Use of a DS Offering granted in Token Based mode provides a right to use a determined number of tokens for the duration of the license. Tokens are reserved for one (1) use at a time and when released, are available for other uses. The quantity of tokens required for a given use of the DS Offering is determined in the Product Portfolio and/or in the Documentation, and may be changed in the event of modifications to such DS Offering. Pool of tokens of same type can be accessed and used simultaneously by one or several authorized Users and/or Extended Enterprise Users and/or Machines, as applicable within the limit of the number of available tokens.