Licensed Territory Sample Clauses
The Licensed Territory clause defines the specific geographic area where the rights granted under a license agreement may be exercised. It typically outlines whether the licensee can use, sell, or distribute the licensed product or intellectual property in certain countries, regions, or worldwide, and may include limitations or exclusions for particular markets. This clause ensures both parties are clear about where the license applies, preventing disputes over unauthorized use in unapproved locations and helping to allocate market rights effectively.
POPULAR SAMPLE Copied 52 times
Licensed Territory. 3.01 The Territory in which the license granted to the LICENSEE pursuant to this Agreement is effective is as follows: The State of Missouri.
Licensed Territory. Worldwide NIH Patent License Agreement—Exclusive
I. The Licensee agrees to pay to the IC a noncreditable, nonrefundable license issue royalty in the amount of two million and five hundred thousand dollars ($2,500,000.00) as follows:
(a) A first payment of one million and two hundred and fifty thousand dollars ($1,250,000.00) within sixty (60) days from the effective date of this Agreement; and
(b) A second payment of one million and two hundred and fifty thousand dollars ($1,250,000.00) upon the first to occur of (1) the first anniversary of the effective date of this Agreement, or (2) the termination of this Agreement.
II. The Licensee agrees to pay to the IC a nonrefundable minimum annual royalty in the amount of one hundred thousand dollars ($100,000.00) as follows:
(a) The first minimum annual royalty is due 1 January 2023; and
(b) Subsequent minimum annual royalty payments are due and payable on January 1 of each calendar year and may be credited against any earned royalties due for sales made in that year.
Licensed Territory. If (i) any Regulatory Authority threatens, initiates or advises any action to remove any Product from the market in the Licensed Territory or requires or advises Medivation, Astellas, or any of their respective Affiliates or Sublicensees to distribute a “Dear Doctor” letter or its equivalent regarding use of such Product in the Licensed Territory, or (ii) Astellas determines that an event, incident, or circumstance has occurred that may result in the need for a recall or market withdrawal in the Licensed Territory, then in each case ((i) or (ii)) Medivation or Astellas, as applicable, shall, to the extent practicable, notify the other Party of such event or determination immediately, and in any event within [*] (or sooner if required by law) after such Party becomes aware of the event or makes such determination. Astellas shall, to the extent practicable, endeavor to discuss and agree with Medivation upon whether to recall or withdraw the Product in the Licensed Territory; provided, however, that if such discussion is not practicable or if the Parties fail to agree within an appropriate time period (recognizing the exigencies of the situation), then Astellas shall decide whether to recall or withdraw such Product in the Licensed Territory. Astellas shall be responsible, at its sole expense, for conducting any recalls or taking such other necessary remedial action in the Licensed Territory, except to the extent that the recall or withdrawal is attributable to the negligence, breach or intentional misconduct of Medivation or any of its Affiliates or subcontractors, in which event Medivation shall bear such costs to the extent of its or its Affiliate’s or subcontractor’s responsibility.
Licensed Territory. Worldwide A-294-2011 NIH Patent License Agreement - Exclusive
Licensed Territory. Except as otherwise provided in this Section 9.3(b)(i), XOMA shall be solely responsible for the preparation, filing, prosecution and maintenance of the XOMA Patents in its own name, and Joint Invention Patents in the name of Servier and XOMA, in the Licensed Territory, using patent counsel reasonably acceptable to Servier. The Parties shall discuss and confer with respect to the overall patent strategy with respect to the XOMA Patents and any Joint Invention Patents in the Licensed Territory. XOMA shall keep Servier advised of the status of all communications and actual and prospective filings and submissions regarding the XOMA Patents and Joint Invention Patents in the Licensed Territory, and shall give Servier a reasonable opportunity (but in no event less than ten (10) business days) to review and comment on any such communications, filings, filing date and submissions proposed to be sent to any patent office. XOMA shall incorporate all reasonable comments of Servier before making any substantive filing or submission related to the XOMA Patents or Joint Invention Patents in the Licensed Territory, provided that such comments are obtained at least [*] business days prior to the deadline for filing. If XOMA no longer wishes to maintain or prosecute any XOMA Patent or Joint Invention Patent in the Licensed Territory, then XOMA shall give reasonable notice to Servier, and thereafter, Servier may, upon written notice to XOMA, prosecute and maintain such XOMA Patent or Joint Invention Patent in its own name, and XOMA shall execute all required documents in order to assign to Servier such XOMA Patent or XOMA’s interest in such Joint Invention Patent, at XOMA’s expense. Servier shall be solely responsible for all costs and expenses incurred by XOMA or its Affiliates after the Effective Date and associated with the filing, prosecution (including any interferences, reissue proceedings and reexaminations) and maintenance of the XOMA Patents and Joint Invention Patents in the Licensed Territory. Notwithstanding the foregoing, if Servier no longer desires to retain its license under any XOMA Patent or Joint Invention Patent in the Licensed Territory, and desires to cease payment of the costs of prosecution and maintenance thereof, it shall have the right to terminate such license to such Patent, and terminate reimbursement to XOMA of such costs, upon [*] days written notice; provided that with respect to any such Joint Invention Patent, Servier shall execute all re...
Licensed Territory. For Licensed Product No. 1: The States of Maryland, Virginia, North Carolina, South Carolina, and Florida, the City of Philadelphia, PA, and the District of Columbia. For Licensed Product No. 2: The States of Texas, Florida and the City of New Orleans, LA. For Licensed Product No. 3: The State of Arizona and California (Northern region only). For Licensed Product No. 4: The State of Washington and the City of Miami, FL. For Licensed Product No. 5: The United States of America. SCHEDULE D LICENSE PERIOD For Licensed Product No. 1: April 1, 1999 -December 31, 1999 For Licensed Product Nos. 2-4: May 15, 1999 - December 31, 1999 For Licensed Product No. 5: May 15, 1999 - April 30, 2000 SCHEDULE E COMPENSATION TOTAL GUARANTEED COMPENSATION: $125,000.00 PAYABLE AS:
Licensed Territory. The Licensed territory means North America and Asia Pacific.
Licensed Territory. The Licensed Territory shall be limited to Mainland China (shall mean the People's Republic of China, and solely for purposes of this Agreement, including the Hong Kong Special Administrative Region and the Macau Special Administrative Region but excluding the Islands of Taiwan). For the avoidance of doubt, with respect to the sale of such technology in other countries outside the Licensed Territory, Party B agrees to then negotiate separately with the Joint Entity, and the export of such technology involving social public welfare shall not be subject to the restrictions of the Licensed Territory.
Licensed Territory. The Licensed Territory for the licenses granted in Article II of this Amendment shall include the contiguous 48 states in the domestic United States of America plus the District of Columbia, Alaska and Hawaii.
Licensed Territory. The following countries shall constitute the Licensed Territory: The world
