Definition of the Term. “control”. For the purposes of Section 5.3 and Section 5.4, the term “control” shall mean having the legal authority to grant the relevant license under the relevant Intellectual Property Right without violating the terms of any agreement with any Third Party and without triggering any additional payment obligations to such Third Party. If the grant of any such license requires a Third Party Consent, Section 2.8(a) shall apply.
Appears in 4 contracts
Samples: Transition Services Agreement (Solventum Corp), Transition Services Agreement (3m Co), Transition Services Agreement (Solventum Corp)
Definition of the Term. “control”. For the purposes of Section 5.3 and Section 5.46.3, the term “control” shall mean having the legal authority to grant the relevant license under the relevant Intellectual Property Right without violating the terms of any agreement with any Third Party [and without triggering any additional payment obligations to such Third Party. If the grant of any such license requires a Third Party Consent, Section 2.8(a) shall apply.
Appears in 1 contract
Samples: Transition Contract Manufacturing Agreement (3M Health Care Co)
