Commercial Development Activity for each Licensed Product Sample Clauses

Commercial Development Activity for each Licensed Product. (regardless of whether development is carried out by Licensee or a Sublicensee)
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Related to Commercial Development Activity for each Licensed Product

  • Licensed Product The term “Licensed Product” shall mean any product (a) the manufacture, use, importation, sale or offer for sale of which would, in the absence of the license granted by this Agreement, infringe a Valid Claim of any of the Licensed Patent Rights, or (b) that is comprised of, utilizes or incorporates Licensed Biological Materials, or (c) that is discovered, developed or made using a Licensed Process.

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