TKT Technology definition

TKT Technology means all present and future inventions, trade secrets, copyrights, know-how, data, regulatory submissions and other intellectual property of any kind (including any proprietary biological materials, compounds or reagents but not including TKT Patent Rights) which are owned or controlled by, or licensed ( with the right to sublicense) to, TKT relating to or necessary or useful for the manufacture, use, distribution or sale of GA-EPO, including but not limited to any patents or patent applications licensed from Third Parties. With respect to TKT Technology which has been licensed to TKT by a Third Party, (i) MMD agrees to assume and pay for its portion of any costs, expenses, fees or royalties associated with its use of sublicense rights relating to such licensed TKT Technology to the extent described in Section 8.7, and (ii) if TKT does not currently have the right to sublicense such intellectual property to MMD hereunder, such license is listed on Schedule 1.24 hereto and TKT shall use commercially reasonable efforts to obtain the right to sublicense such intellectual property (as well as any intellectual property licensed to TKT hereafter which is included in the TKT Technology), to MMD hereunder.
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TKT Technology means all present and future inventions, trade secrets, copyrights, know-how, data, regulatory submissions and other intellectual property of any kind (including any proprietary biological materials, compounds or reagents but not including TKT Patent Rights) which are owned or controlled by, or licensed (with the right to sublicense) to, TKT relating to or necessary or useful for the manufacture, use, distribution, sale or other commercialization of EPO, including but not limited to any patents or patent applications licensed from Third Parties; provided, however, that TKT Technology will not include Aventis Technology.
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Examples of TKT Technology in a sentence

  • TKT shall be responsible for the filing, prosecution (including oppositions) and maintenance of all patent applications and patents which make up the TKT Patent Rights and such other registrations related to the TKT Technology.

  • TKT represents and warrants that as of the Effective Date, it possesses the exclusive right, title and interest in and to the TKT Technology owned by TKT and the TKT Patent Rights and that it has the full legal right and power to: (i) enter into the obligations set forth in this Agreement; and (ii) grant the rights and licenses set forth in Article 3.

  • Notwithstanding the foregoing, MMD shall not be precluded from contesting the validity or enforceability of the TKT Patent Rights or TKT Technology.

  • MMD will not settle any suit involving the TKT Patent Rights or TKT Technology in a manner that would compromise any rights of TKT without obtaining the prior written consent of TKT.

  • For so long as any of the license grants set forth in Article 3 remain in effect, TKT agrees to file and prosecute patent applications and maintain the patents covering the TKT Patent Rights and, to the extent applicable, for the registration or other protection of the TKT Technology, in all countries in the MMD Territory in which MMD customarily files for products of similar interest.

  • MMD shall have the right to grant sublicenses under the TKT Patent Rights and the TKT Technology license granted by TKT to MMD under subsection 3.

  • Neither party will take any actions or settle any suit involving the TKT Patent Rights or TKT Technology or Aventis Technology in a manner that would compromise or adversely impact any rights of the other party without obtaining the prior written consent of such party.

  • Upon expiration of this Agreement, Shire will have a fully paid-up, royalty-free right and license under the Aventis Technology, TKT Patents, TKT Technology, or Manufacturing Know How to make, have made, use, sell, offer for sale, distribute and otherwise exploit EPO in the Territory.

  • Upon the successful completion of the Research Phase and Development Phase, MMD agrees to use its best efforts to commercialize * covered by the TKT Patent Rights or which uses the TKT Technology throughout the MMD Territory using commercially reasonable means consistent with those used for MMD products with similar commercial potential.

  • If at any time legal restrictions prevent the prompt remittance of part or all royalties with respect to any country of the MMD Territory where * covered by the TKT Patent Rights or which uses the TKT Technology is sold, payment shall be made through such lawful means or methods as MMD may determine.