Examples of Licensed Product in a sentence
For the avoidance of doubt, Xxxxxxx may obtain one hundred percent (100%) of its requirements of Licensed Product or Licensed Compound API at any time during the Term from any such alternative source(s) of supply.
At Xxxxxxx’x direction, the Parties will collaborate in good faith to qualify and validate Xxxxxxx or its designated Affiliate(s) or Third Party contract manufacturing organization(s) to serve as a second source of supply for Licensed Product or Licensed Compound API, or to serve as a primary source of supply for Licensed Product or Licensed Compound API for Xxxxxxx.
Nothing in this Agreement will require Xxxxxxx to obtain or continue obtaining any quantity of supplies of Licensed Product or Licensed Compound API from Nanobiotix.
Upon the expiration of the Royalty Term with respect to a Licensed Product in a given country, the license granted to Xxxxxxx under Section 5.1 with respect to such Licensed Product in such country will automatically become fully-paid up, royalty- free, perpetual and irrevocable.
Such royalties will be paid on a Licensed Product-by-Licensed Product and country-by-country basis during the applicable Royalty Term for such Licensed Product in such country.