Examples of Commercialisation in a sentence
Each Party undertakes to take any action and execute any document reasonably required by the Funding Body and/ or the Parties to give effect to the terms of this Agreement and/or each Grant Agreement, including the negotiation and execution of agreements to fully set out all issues relating to the management and operation of the Project and the management, protection, ownership and Commercialisation of Foreground IP.
The Consortium Project Manager shall notify the Parties in writing of the availability of Foreground IP for Commercialisation which shall count as the effective date for the commencement of the Option Period.
Such JOMA shall specify one of the Owning Parties as the Lead Owning Party for the purpose of Commercialisation of the jointly owned Foreground IP.
Prior to termination or expiry of this Agreement for whatever reason, or as soon as possible after that time, the Parties shall meet for the purpose of agreeing on: future Commercialisation of Foreground IP and any necessary Background; any change to the Parties' future obligations of secrecy with respect to Confidential Information and future obligations of insurance; and any other matter not addressed in this Agreement but requiring resolution at that point in time.
Early-Stage Commercialisation - post project report requirements You will need to provide the following information in an annual post project report after the completion date of your project up to five years.