Toray definition
Examples of Toray in a sentence
Toray will be responsible for taking all necessary action to maintain and/or extend the Patents Right in the Territory.
Toray agrees to enter into a separate negotiation with UT for the first opportunity to develop and sell the Product in Mexico once Toray's other licensee indicates that it does not want to commence development in Mexico.
This Agreement is personal to UT and neither this Agreement nor any particular rights or obligations under this Agreement may be assigned or otherwise transferred by UT without the prior written consent of Toray.
UT will be responsible for selecting an enforceable trademark(s) for the Product acceptable to Toray and Toray will be responsible for registering and maintaining such registrations within all countries in the Territory.
The relationship between Toray and UT is that of independent contractors.
Toray will retain in confidence and use only for purposes of this Agreement any information and data supplied by or on behalf of UT to Toray under this Agreement.
Toray is willing to grant such an exclusive license to UT according to the terms and conditions herein below.
UT will closely consult with Toray with regard to its participation in important clinical development meetings.
Toray shall provide UT on a timely basis and without charge all information concerning the Product which is available to Toray and which is reasonably required by UT to fulfill its obligations under this Agreement, including but not limited to, information relating to preclinical and clinical research, safety, use, pharmacokinetics and efficacy, access through Toray to HMR European data and authority to use and submit such data to the FDA to the extent legally required, etc.
Toray agrees to enter into a separate negotiation with UT for the first refusal right to co-promote the non-immediate release formulation of TRK-100 (Beraprost Sodium) for the Indication when it is developed or marketed in the Territory.