Commercial exploitation of results Sample Clauses

Commercial exploitation of results. The contractors are expected to commercially exploit the results of the R&D undertaken in the PCP within a period of four years (minimum of four years after the end of the EU grant) after the end of the framework agreement. Contractors shall use their best efforts to promote the dissemination of the Results of the Project and therefore, shall be obliged to work with other contracting or public authorities or Standard Development Organizations that show interest in making any use of the solutions or experiences found or lived in this PCP guaranteeing thus a European wide exploitability or the expansion of the knowledge in PCPs. The Contractors shall inform the Buyers Group of any Results which are suitable for the exploitation whether patentable or not within one (1) month from its obtaining. Both the Contractors and the Buyers Group shall refrain from doing any publication that may prejudice to their registration.
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Commercial exploitation of results. The SME parties shall carry out a joint commercial exploitation of the results, in accordance with the terms and provisions they agree on with a minimum duration of 5 years. The commercial agreement shall entitle each co-owner to exclusively exploit the Project’s result in his market of origin. In return, the other co-owners shall receive a compensation for marketing the product to be determined by a percentage profit basis. The parties agree to carry out a non-exclusive exploitation in other markets, concurring therein in free competition. In return, the other co-owners shall receive a compensation for marketing the product to be determined by a percentage profit basis. Each Party can individually commercially exploit the results of the project that are subject of the Foreground owned by this Party.
Commercial exploitation of results. The Contractor shall, within five (5) years after the end of the Framework Agreement, take measures to ensure that the Project Results are exploited commercially (directly or indirectly, in particular through licensing). Contractor will report on request of the Procuring Entity about the progress on the commercial exploitation of the results during the 5-year period aforementioned (max. twice per year). If the Contractor fails to commercially exploit the Results within this period, or uses the Results to the detriment of the public interest, the Contractor shall, according to the provisions of Article 9.3, at Procuring Entity’s request, transfer the ownership of the Results to the Procuring Entity free of costs or sub-licenses IPRs to third parties indicated by the Procuring Entity. ’Failure to commercially exploit Results’ means not marketing a commercial application of the Results (directly or indirectly, through a subcontractor or licensee).
Commercial exploitation of results. The contractor shall, for at least 4 years after the end of the Framework Agreement, take measures to ensure that its results are exploited commercially (directly or indirectly, in particular through transfer or licensing). If the contractor fails to commercially exploit the results within this period (or uses the results to the detriment of the public interest, including security interests), the Buyers Group has the right to require that ownership of the Results be transferred to them. ’Failure to commercially exploit results’ means not marketing a commercial application of the results (directly or indirectly, through a subcontractor or licensee). In the event that the Buyers Group exercises the right to require transfer of ownership, the Contractor shall grant the Buyers Group access, at the prices specified in the Tender or, should no specification be made and no written agreement reached, at no charge, to all Background and Sideground necessary to exploit the Results.
Commercial exploitation of results. 12.1. The Contractor shall, for at least four (4) years after the end of the Framework Agreement, take measures to ensure that the results of the PCP are exploited commercially (directly or indirectly, through transfer or licensing). 4 xxxxx://xxx-xxx.xxxxxx.xx/legal-content/EN/TXT/PDF/?uri=CELEX:32001R1049&from=EN

Related to Commercial exploitation of results

  • Collaboration We believe joint effort toward common goals achieves trust and produces greater impact for L.A. County’s youngest children and their families.

  • Exploitation (i) Exploitation of intellectual property may take the form of patenting by the originator singly or in combination with other agencies.

  • Commercialization Intrexon shall have the right to develop and Commercialize the Reverted Products itself or with one or more Third Parties, and shall have the right, without obligation to Fibrocell, to take any such actions in connection with such activities as Intrexon (or its designee), at its discretion, deems appropriate.

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