License Exclusivity Clause Samples
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License Exclusivity. Subject to Section 3.8, during the Term of this Agreement, neither DICERNA nor KHK will, except as contemplated by this Agreement (a) develop or commercialize any Research Compound or Licensed Product, or any Program Target with respect to which such Research Compound or Licensed Product interacts, for use in the Secondary Field in the Territory, whether internally developed, in-licensed or out-licensed or (b) develop or commercialize (or cause to be developed or commercialized) any pharmaceutical product with respect to any Program Target using any DsiRNA-Based Compound (whether or not a Research Compound) for use in the Secondary Field in the Territory, whether internally developed, in-licensed or out-licensed; provided that, the foregoing restrictions shall not apply to the development or commercialization by DICERNA of Waived Targets (and or Waived Compounds in respect thereof).
License Exclusivity. The exclusivity of the License granted to Edgemont in Section 2.1, shall expire if Edgemont fails to reach, in the absence of a Competing Product Launch or Litigation that prevents the Commercialization of the Product in the Territory, the Net Sales Minimum, however, Edgemont shall have the option, for fourteen (14) days following the end of each Net Sales Minimum period as defined in Section 1.21, to retain the exclusive US rights for Product in exchange for a payment of [*****] to IntelGenx.
License Exclusivity. The exclusive license shall become a non-exclusive license, on a country-by-country basis, according to the following:
(i) VOLCANO will make all reasonable efforts to obtain regulatory approval for the Licensed Products. VOLCANO will achieve regulatory approval in a particular country within three (3) years of the execution of this License Agreement. If it appears that the deadline will not be met, the parties agree to confer and reach a consensus on action(s) to be taken regarding same. If the parties cannot reach a consensus, and if the deadline is not met, CCF may convert the exclusive license to a non-exclusive license within the particular country.
(ii) VOLCANO will start selling Licensed Products within one (1) year from the date relevant regulatory approval is obtained in a particular country. If it appears that the deadline will not be met, the parties agree to confer and reach a consensus on action(s) to be taken regarding same. If the parties cannot reach a consensus, and if the deadline is not met, CCF may convert the exclusive license to a non-exclusive license within the particular country.
License Exclusivity. Kamada hereby grants to Prothya a limited, exclusive, non-transferable, sub-licensable, royalty-free license, under the Kamada Intellectual Property, to use the Know-How and the associated documentation and materials transferred to Prothya by or on behalf of Kamada under the Technology Transfer Agreement, as well as the information and documents in the Registration Dossier, solely for the purpose of the provision of the Services, including the manufacture and supply of the Product by ▇▇▇▇▇▇▇ to Kamada and the performance of any other obligations of Prothya hereunder. Prothya shall not be entitled to use Kamada Intellectual Property for any purpose, except as provided in this Section 3 and as mutually agreed by the Parties, including under the Technology Transfer Agreement and the Plasma Agreement. The license with respect to Kamada Intellectual Property shall expire at the same time as the Agreement. Prothya hereby grants to Kamada and its Affiliates a non-exclusive, worldwide, transferable, sub-licensable, fully paid up, royalty-free license, under the Prothya Intellectual Property, to the extent necessary in order to manufacture, use, sell and/or utilize the Products and/or the Finished Products. During the Term, Kamada shall exclusively purchase all of its requirements of the Product in connection with the manufacture of the Finished Product, for sale in the Territory from Prothya, except with respect to purchases from a Back-Up Supplier as set forth in Section 12 below. During the Term, Prothya shall manufacture the Product exclusively for Kamada and shall not manufacture or develop for sale any product that directly competes with the Finished Product for itself or for its own benefit or for any third party (even if manufactured using different processes). The Parties acknowledge and agree that the above undertakings are given to the extent permitted under Applicable Laws (including applicable anti-trust laws) and that if any of the above undertakings are determined by any competent court or other authority to be too broad in scope and/or otherwise non-enforceable or invalid, the provisions of Section 24 below shall apply.
License Exclusivity