Tangible Material definition
Examples of Tangible Material in a sentence
Company has the capability to commercially develop, manufacture, distribute and use Product and Process for public use and benefit and desires to license such Patent Rights, Technological Information, and Tangible Material.
Hospital, as a center for patient care, research and education, is the owner of certain Patent Rights, Technological Information, and Tangible Material (defined below) and desires to grant a license of those Patent Rights, Technological Information, and Tangible Material to Company in order to benefit the public by disseminating the results of its research via the commercial development, manufacture, distribution and use of Product and Process (defined below).
LICENSEE shall not thereafter operate or conduct business under any name or ▇▇▇▇ and in any manner in the Territory that might tend to create the impression that this Agreement is still in force, or that LICENSEE has any right to use any Licensed Patent(s), Licensed Method(s), any trademark or servicemark of UNIVERSITY, and/or any Tangible Material.
Notwithstanding the foregoing, and other than as provided in Appendix B, it is understood that NCSU will only provide samples of Tangible Material if there is an oversupply of such materials that is not required for NCSU’s own educational or research purposes.
Under no circumstances is NCSU obligated to grow or develop Tangible Material for Licensee’s use or sale.
Licensee may obtain the right to grant Sublicenses to the Patent Rights, Plant Variety Rights, and/or Tangible Material under this License Agreement to Sublicensees by Licensee requesting and obtaining NCSU’s prior written, express, approval and permission in writing on a case-by-case basis such approval to be granted or denied by NCSU at its sole discretion.
LICENSEE shall not thereafter operate or conduct business under any name or mark and in any manner in the Territory that might tend ▇▇ ▇reate the impression that this Agreement is still in force, or that LICENSEE has any right to use any Licensed Patent(s), Licensed Method(s), any trademark or servicemark of UNIVERSITY, and/or any Tangible Material.
Company desires a period of time in which to evaluate the Tangible Material and Patent Rights, potential products arising therefrom, and markets therefor, and in which to choose whether to elect to negotiate [ ] for the use of such Tangible Material and Patent Rights.
For avoidance of any doubt the aforementioned retention of the right to use the Tangible Material perpetually will not apply if the License Agreement is terminated for any reason prior to expiration of the Term.
Such transfer of Tangible Material from NCSU shall be without restriction or limitation of any kind except as expressly provided in this License Agreement.