Maxygen Products Clause Samples

Maxygen Products. With respect to Maxygen Products ---------------- used for [*******], it is understood and agreed the applicable value capture mechanism shall be the payment to Zeneca of royalties on the sales of such Maxygen Product on the terms specified for Zeneca Agricultural Products in Section 4.5, and Downstream Income and Payments from Naked Sublicenses, except as the Parties may otherwise agree in writing. For purposes of determining the amounts due to Zeneca pursuant to this Section 4.5.1(d), Section 4.6.1(b), and Section 4.6.2(b), with respect to Maxygen Products, the definitions in Sections 1.7, 1.12, 1.25 and 1.26 shall be applied mutatis ------- mutandi to Maxygen and Maxygen Products. In cases where Maxygen wishes to sell a ------- Maxygen Product for [*******], the royalty and/or other value capture mechanism shall reflect the customary standards in the applicable industry for products of comparable value, subject to Section 3.2.3(a). With respect to Maxygen Products for [*******], prior to the first sale of such a Product for such an application the Parties shall determine in good faith the value sharing mechanism which will be applied to Maxygen's income from the applicable Maxygen Product. In the event that the Parties are unable to agree on the royalty due, such matter shall be submitted by either Party to dispute resolution pursuant to Article 12.
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Maxygen Products. After the first commercial sale of a ---------------- Maxygen Product, Maxygen shall make quarterly written reports to Zeneca for the preceding calendar quarter, and in such report shall provide with respect to Maxygen Products information as required from Zeneca pursuant to Section 5.1.1 with regard to Zeneca Products. In the event that research is conducted regarding Enabling Technology in the Research Program and Maxygen has the right to commercialize products utilizing the same, such reports shall also contain the information described above with respect to products sold by Maxygen, its Affiliates and its Sublicensees that contain or are made through the use of such Enabling Technology to the extent necessary to substantiate the amounts due to Zeneca under this Agreement. Concurrently with the making of such reports, Maxygen shall pay to Zeneca all royalties due and any Downstream Income and payments from any Naked Sublicense. If no royalties are due, Maxygen shall so report.
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Related to Maxygen Products

  • Licensed Products Lessee will obtain no title to Licensed Products which will at all times remain the property of the owner of the Licensed Products. A license from the owner may be required and it is Lessee's responsibility to obtain any required license before the use of the Licensed Products. Lessee agrees to treat the Licensed Products as confidential information of the owner, to observe all copyright restrictions, and not to reproduce or sell the Licensed Products.

  • New Products You agree to comply with NASD Notice to Members 5-26 recommending best practices for reviewing new products.

  • Other Products If you ask, we will provide you with information on any other home equity products we offer.

  • Licensed Product The term “Licensed Product” shall mean any product (a) the manufacture, use, importation, sale or offer for sale of which would, in the absence of the license granted by this Agreement, infringe a Valid Claim of any of the Licensed Patent Rights, or (b) that is comprised of, utilizes or incorporates Licensed Biological Materials, or (c) that is discovered, developed or made using a Licensed Process.

  • Manufacture of Products All Products marketed through Grantor's Web ------------------------- Site shall be manufactured, packaged, prepared, and shipped in accordance with the specifications and requirements described on Exhibit A hereto as it may be modified from time to time. Quality control standards relating to the Product's weight, color, consistency, micro-biological content, labeling and packaging are also set forth on Exhibit A. In the event that Exhibit A is incomplete, Products shall be manufactured and shipped in accordance with industry standards.