Common use of Licensed Technology Clause in Contracts

Licensed Technology. The term “Licensed Technology” shall mean any product, method or process, the manufacture, use, importation, sale, offer for sale, supply or performance of which would, in the absence of a license under the Licensed Patent Rights, infringe at least one Valid Claim of the Licensed Patent Rights.

Appears in 3 contracts

Samples: License Agreement (Receptos, Inc.), License Agreement (Receptos, Inc.), License Agreement (Receptos, Inc.)

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Licensed Technology. The term “Licensed Technology” shall mean all scientific, technical, and other data and all information and know-how related to the Licensed Product(s), whether or not any productsuch inventions or developments are patentable, method or processincluding, but not limited to, the manufactureformulae, usemethods, importationprocesses, salemanufacturing procedures, offer for saleexperimental data, supply disclosures, reports, findings, ideas, and trade secrets of or performance of which would, in the absence of a license under pertaining to the Licensed Patent Rights, infringe at least one Valid Claim of the Product(s). Licensed Patent RightsTechnology shall be expanded to include all Improvements invented by Licensor as they become subject to this Agreement but shall not include any Improvements developed by Licensee.

Appears in 1 contract

Samples: License and Royalty Agreement (Outdoor Specialty Products, Inc.)

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