Exploitation definition
Examples of Exploitation in a sentence
From and after the Effective Date, if a Third Party asserts that a Patent Right or other right owned by the Third Party is infringed by the Exploitation of any Licensed Compound or Licensed Product in the Field, [***] will have the first right to defend against any such assertions [***].
Licensee shall, and shall cause its Affiliates to, have and maintain such type and amounts of liability insurance covering the Exploitation of the Licensed Products as is normal and customary in the pharmaceutical industry generally for parties similarly situated, and shall upon request provide Sanofi with a copy of its policies of insurance in that regard, along with any amendments and revisions thereto.
Each Party will give the other Party prompt written notice of any allegation by any Third Party that a Patent or other right owned by it is infringed by the Exploitation of any Licensed Compound or Licensed Product in the Territory.