Exclusive License Terms Sample Clauses

Exclusive License Terms. The Cooperator shall elect or decline to exercise its right to acquire an exclusive license to any Subject Invention within six months of being informed by the Laboratory of the Subject Invention. The specific royalty rate and other terms of license shall be negotiated promptly in good faith and in conformance with the laws of the United States.
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
Exclusive License Terms. PLUG POWER shall elect or decline to exercise its rights to acquire a limited term exclusive license to any Subject Invention(s) within six (6) months of being informed by BENET of the Subject Invention(s). A reasonable royalty rate and other terms of license shall be negotiated promptly in good faith and in conformance with the laws of the United States. Such exclusive license shall be for an initial term ending seven (7) years from the date of each patent and with respect to each such patent shall be automatically renewable for successive seven (7) year periods provided PLUG POWER or any PLUG POWER sublicensee:
Sample 1Sample 2Sample 3See All (4)
Exclusive License Terms. If the Exclusive License Agreement is in effect between the parties, any Program Intellectual Property that is licensed by Sponsor pursuant to its exercise of the Option shall be included in “Licensed Rights” as defined in the License Agreement, and the rights and obligations (including royalty obligations) between the parties regarding such optioned Program Intellectual Property shall be governed by the License Agreement with no additional royalties due under this Agreement. However, the terms of subsections 7.1 and 7.2 above shall still govern any exercise of the Option by Sponsor, including for example with respect to reaching agreement as to terms other than royalties such as diligence obligations. [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
Sample 1Sample 2
Exclusive License Terms. Upon filing of a patent application on a Subject Invention and receipt of a request by MPHASE, ARDEC may grant to MPHASE a limited term exclusive license in a Subject Invention upon rates, terms and conditions acceptable to ARDEC, including an ARDEC share in sublicensing royalties of no less than 33 percent.
Sample 1
Exclusive License Terms. 5.22 In view of the consideration given hereunder, and access to Customer confidential and proprietary technical and business information, trade secrets and know-how OMT agrees that it will not, without having first obtained prior written permission of Customer, [***] related to the trading of Stock Options and Stock Index Options, in the Territory, to any other entity that is registered as a National Securities Exchange, including those exchanges that are currently members of The Options Clearing Corporation, and OMT will not in any way assist other entities in the Territory to create or develop trading applications related to the trading of Stock Options and Stock Index Options that would enable or assist such entities to become a registered National Securities Exchange or a member of The Options Clearing Corporation or to conduct business as a National Securities Exchange in the Territory. No limitations whatsoever shall apply outside of the Territory. Notwithstanding the foregoing, OMT shall be permitted to continue to provide support and assistance to [***], and perform any adaptations requested by [***], pursuant to its pre-existing agreements with [***], and as such agreements may be extended from time to time. OMT is prohibited, however from supplying [***] with any adaptation specified by and developed for Customer, [***]. Notwithstanding this OMT shall be free at any time, to develop adaptations corresponding or similar to such Customer adaptations, if requested by [***], provided however that no code from Customer adaptations or Customer’s Confidential Information may be used in performing such adaptation for [***]. It also is understood that OMT shall not be prohibited from servicing any other OM CLICK Exchange System currently under license or otherwise to provide support under pre-existing agreements. The exclusivity of the license granted under this Agreement shall not apply to member applications, which OMT may market, license, or otherwise make available to third parties, and support therefor, without any limitations. Further, OM Gruppen AB and its subsidiaries, including but not limited to OM Stockholm AB, OMLX the London Derivatives and Securities Exchange Limited. and Stockholms Fondbörs AB, shall be free to promote, trade or clear, in the Territory or elsewhere, directly or indirectly, all products, including but not limited to Stock Options and Stock Index Options, which are listed at OM Gruppen AB or its subsidiaries at each moment i...
Sample 1
Exclusive License Terms. JENNER shall elect or decline to exercise its right to acquire an exclusive license to any Subject Invention within [*] of being informed by WRAIR of the Subject Invention. The terms of the license provided for in Section 5.7.1 shall be negotiated promptly in good faith and in conformance with the laws of the United States but shall include at least the following terms: (i) a royalty rate of [*] within the scope of a valid claim of an issued patent claiming a Subject Invention jointly owned by WRAIR and JENNER; (ii) a royalty rate of [*] within the scope of a valid claim of an issued patent claiming a Subject Invention owned solely by WRAIR. In addition, such license shall provide for the payment of milestone payments by JENNER to WRAIR, on a product-by-product basis, of: (i) [*], and (ii) [*]; provided, however, no milestone payments shall be required with respect to [*]. Such license shall terminate, on a country-by country basis, upon the expiration of any patents licensed to Jenner pursuant to this Section 5.7, unless terminated earlier pursuant to the terms of such Agreement.
Sample 1
Exclusive License Terms. AmpliPhi shall elect or decline to exercise its right to acquire an exclusive license to any Subject Invention within six months of being informed by the USAMRMC of the Subject Invention. The specific royalty rate and other terms of license shall be negotiated promptly in good faith and in conformance with the laws of the United States.
Sample 1
AutoNDA by SimpleDocs
Exclusive License Terms. APOLLON shall elect or decline to exercise its right to acquire a commercial license, either exclusive or non-exclusive, at APOLLON's option, to any Subject Invention within six (6) months of being informed by WRAIR of the Subject Invention. The specific royalty rate and other terms of license shall be negotiated promptly in good faith and in conformance with the laws of the United States. WRAIR agrees to grant to APOLLON on WRAIR Subject Inventions a non-exclusive, irrevocable, non-transferable, non-commercial, paid-up license in the patents covering a Subject Invention, to practice or have practiced, throughout the world by, or on behalf of APOLLON.
Sample 1
Exclusive License Terms. DEVCOM Soldier Center and Company shall negotiate in good faith a reasonable specific royalty rate within twelve (12) months from the date that a United States or foreign patent application is filed for a Subject Invention. The reasonable royalty rate for each exclusive license shall be based upon a portion of the selling price of the item attributable to the presence of claimed subject matter where such item is a machine, article of manufacture, product made by a process, or composition of matter as defined by the claims of the patents. Where the claimed subject matter relates to a process or method to be practiced under the claims of the patent, the royalty will be based upon the net savings attributable to the implementation of said process or method. Where an exclusive license is based upon a patented Joint Subject Invention, the specific royalty rate for that patent will be adjusted to reflect the joint inventive contributions of Company.
Sample 1

Related to Exclusive License Terms

  • Exclusive License Licensor hereby grants to Licensee and Licensee hereby accepts from Licensor, upon the terms and conditions herein specified, a sole and exclusive license under the Licensed Patent Rights in the Territory, and in the Field of Use to develop, make, have made, import, have imported, use, offer to sell, sell, and otherwise commercialize Licensed Product(s).

  • License Terms This license is for one full Semester. It cannot be cancelled or terminated except under the conditions cited in this license.

  • Exclusive License Grant Subject to the terms and conditions of this Agreement (including Section 3.5.1 (Takeda Retained Rights)), Takeda hereby grants to Licensee an exclusive, sublicensable (subject to Section 3.3 (Sublicensing)), royalty-bearing right and license under the Takeda Technology and Takeda’s interest in the Joint Technology to Exploit the Licensed Compounds and Licensed Products in the Field in the Licensee Territory.

  • Non-Exclusive License Grant In the event that either: (i) the making, have made or use by Merck or its Related Parties of any Cue Biologics during the term of this Agreement; or (ii) the making, having made, use, import, offer for sale and/or sale by Merck or its Related Parties of Compound or Product in the Territory would infringe a claim of an issued letters patent that Company (or its Affiliate) Controls and which patents are not covered by the grant in Section 3.1, Company hereby grants to Merck, to the extent Company is legally able to do so, a non-exclusive, sublicensable, royalty-free license in the Territory under such issued letters patent for Merck and its Related Parties to conduct such activities with respect to the Cue Biologics, Compounds and Products for all activities in the Field.

  • Non-Exclusive License Sponsor grants Institution and Principal Investigator a royalty free non-exclusive license, with no right to sublicense, to use Trial Data for internal research or educational purposes. c.

  • License Agreement The Trust shall have the non-exclusive right to use the name "Invesco" to designate any current or future series of shares only so long as Invesco Advisers, Inc. serves as investment manager or adviser to the Trust with respect to such series of shares.

  • Software License Agreement 1) Customers acquiring software licenses under the Contract shall hold, use and operate such software subject to compliance with the Software License Agreement set forth in Appendix D of this Contract. No changes to the Software License Agreement terms and conditions may be made unless previously agreed to between Vendor and DIR. Customers may not add, delete or alter any of the language in Appendix D; provided however, that a Customer and Vendor may agree to additional terms and conditions that do not diminish a term or condition in the Software License Agreement, or in any manner lessen the rights or protections of Customer or the responsibilities or liabilities of Vendor. Order Fulfiller shall make the Software License Agreement terms and conditions available to all Customers at all times.

  • LICENSE TERM The license term shall commence upon the License Effective Date, provided, however, that where an acceptance or trial period applies to the Product, the License Term shall be extended by the time period for testing, acceptance or trial.

  • Grant of Exclusive License 1. Licensor hereby grants to Licensee an exclusive worldwide license with the right to sublicense others, to make, have made, use, sell and lease the Products described in the Licensed Patent Rights with reach-through rights reserved to Licensor.

  • Research License Each Collaborator shall allow the other Collaborator to practice any of its Non- Subject Inventions for the purpose of performing the Cooperative Work. No license, express or implied, for commercial application(s) is granted to either Collaborator in Non-Subject Inventions by performing the Cooperative Work. For commercial application(s) of Non-Subject Inventions, a license must be obtained from the owner.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!