Transfer and License. 2.1 Subject to the terms and conditions of this AGREEMENT, Nitec AG hereby undertakes to transfer to Merck — through Nitec Germany — the MARKETING AUTHORIZATION for the PRODUCT and hereby grants to Merck an exclusive licence to use the TRADEMARK for the PRODUCT during the TERM of this AGREEMENT in the TERRITORY. The term exclusive license shall mean for the purpose of this AGREEMENT that Nitec shall not grant a license to use the TRADEMARK in the TERRITORY to any other party.
Appears in 4 contracts
Samples: License and Supply Agreement, Horizon Pharma, Inc., Horizon Pharma, Inc.
Transfer and License. 2.1 Subject to the terms and conditions of this AGREEMENT, Nitec AG hereby undertakes untertakes to transfer to Merck — – through Nitec Germany — – the MARKETING AUTHORIZATION for the PRODUCT and hereby grants to Merck an exclusive licence to use the TRADEMARK for the PRODUCT during the TERM of this AGREEMENT in the TERRITORY. The term exclusive license shall mean for the purpose of this AGREEMENT that Nitec shall not grant a license to use the TRADEMARK in the TERRITORY to any other party.
Appears in 3 contracts
Samples: License and Supply Agreement, Horizon Pharma, Inc., Horizon Pharma, Inc.
