Secondary Products Sample Clauses

The 'Secondary Products' clause defines how products that are derived from, incorporate, or are based on the original goods or services covered by the agreement are treated. Typically, this clause clarifies whether rights, obligations, or restrictions that apply to the primary products also extend to these secondary products, such as modifications, derivatives, or by-products. Its core function is to ensure clarity regarding the ownership, use, and distribution of secondary products, thereby preventing disputes over rights and responsibilities related to such items.
Secondary Products. Licensee shall pay Salk a royalty of one percent (1%) on Net Sales of Secondary Licensed Product until the fifteenth (15th) anniversary of the Effective Date (the “Secondary License Term”).
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Secondary Products. [****] indicates that certain confidential information contained in this document has been omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission. The Secondary Product to be Promoted by the Company shall be selected by AZ from the list of AZ Affiliate products set forth in Schedule 3.3 attached hereto and disclosed to the Company within thirty (30) days prior to the Anticipated Approval Date. At any time during the Term, AZ shall have the right to substitute the Secondary Product with any other AZ Affiliate product appearing on Schedule 3.3; provided that AZ may not substitute any Secondary Product more than twice in any twelve-month period; and provided, further, that AZ may not substitute any Secondary Product unless it is also substituting such product for all or a substantial portion of AZ's own sales Representatives who are promoting the Primary Product.
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Secondary Products. 12 3.4. Services Provided by the Company................................................................... 13 3.5. Expertise of the Company........................................................................... 13 3.6. Coordination with AZ............................................................................... 14 3.7. Account Information and Support.................................................................... 14 3.8. Promotion Plan..................................................................................... 14 3.9. Promotional Materials.............................................................................. 15 3.10. Statements about the Products...................................................................... 15 3.11. Requests for Medical Information................................................................... 15 3.12. Compliance with Laws and Policies.................................................................. 16 3.13.
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Secondary Products. Earnings derived from the sale of Secondary Products will be [ * ].
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Secondary Products. With respect to each Calendar Year (or portion thereof) during the Royalty Term of a Secondary Product, Amgen shall pay to Memory royalties on total annual Net Sales of such Secondary Product in such Calendar Year (or portion thereof) by Amgen, its Affiliates and its sublicensees, which royalties shall be at the following rates: (i) [*] percent ([*]%) of that portion of such total annual Net Sales of such Product that is less than or equal to US$[*]; (ii) [*] percent ([*]%) of that portion of such total annual Net Sales of such Product that is greater than US$[*] and less than or equal to US$[*]; and (iii) [*] percent ([*]%) of that portion of such total annual Net Sales of such Product that is greater than US$[*].
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Related to Secondary 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.

  • 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.

  • Existing Products Except as set forth below, Contractor shall retain all rights, title and interest in Existing Products.

  • Third Party Products and Services Any third-party hardware, software and/or services that is delivered by ResMed for use either standalone or in conjunction with ResMed products and/or services, shall be subject to the third-party terms and conditions and/or license agreements between Customer and the third party. Such third-party hardware, software and/or services is provided by ResMed "AS IS," without any warranty of any kind. Any representations or warranties as to such hardware, software and/or services shall only be as granted by the applicable third parties, if any, that accompany such products and/or software and/or services. Any representations, warranties, or other similar obligations with respect to such third-party hardware, software and/or services flow directly from the third party to Customer and ResMed shall have no responsibility at all for any such representations, warranties, obligations or lack thereof.