Common use of Market Exclusivity Extensions Clause in Contracts

Market Exclusivity Extensions. Each Party shall use Commercially Reasonable Efforts to maintain, and, to the extent available, legally extend, the period of time during which, in any country in the Territory, (a) a Party(ies) has the exclusive legal right, whether by means of a Patent Right or through other rights granted by a Governmental Authority in such country, to Commercialize a Licensed Product in the Field in such country and (b) no generic equivalent of a Licensed Product in the Field may be marketed in such country.

Appears in 3 contracts

Samples: License and Collaboration Agreement (Regeneron Pharmaceuticals Inc), License and Collaboration Agreement (Regeneron Pharmaceuticals Inc), License and Collaboration Agreement (Regeneron Pharmaceuticals Inc)

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Market Exclusivity Extensions. Each Party shall use Commercially Reasonable Efforts to maintain, and, to the extent available, legally extend, the period of time during which, in any country in the Territory, (a) a Party(ies) has the exclusive legal right, whether by means of a Patent Right or through other rights granted by a Governmental Authority in such country, to Commercialize market, price and sell a Licensed VEGF Product in the Field in such country country, and (b) no generic equivalent of a Licensed VEGF Product in the Field may be is marketed in such country.

Appears in 2 contracts

Samples: Collaboration Agreement, Collaboration Agreement (Regeneron Pharmaceuticals Inc)

Market Exclusivity Extensions. Each Party shall use Commercially Reasonable Efforts have the exclusive right but not the obligation to maintain, and, to the extent available, legally extend, the period of time during which, in any country in the such Party’s Territory, (a) a Party(ies) such Party, or any of its Affiliates or its or their Sublicensees, has the exclusive legal right, whether by means of a Patent Right or through other rights granted by a Governmental Authority in such country, to Commercialize a Licensed Product in the Field Praluent Products in such country country, and (b) no generic equivalent of a Licensed any Praluent Product in the Field may be is marketed in such country.

Appears in 1 contract

Samples: Cross License & Commercialization Agreement (Regeneron Pharmaceuticals, Inc.)

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Market Exclusivity Extensions. Each Party shall use Commercially Reasonable Efforts to maintain, and, to the extent available, legally extend, the period of time during which, in any country in the Territory, (a) a Party(ies) has the exclusive legal right, whether by means of a Patent Right or through other rights granted by a Governmental Authority in such country, to Commercialize a Licensed Product in the Field in such country and (b) no generic equivalent of a Licensed Product in the Field may be marketed in such country.

Appears in 1 contract

Samples: License and Collaboration Agreement (Regeneron Pharmaceuticals Inc)

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