Upon First Commercial Sale of a LICENSED PRODUCT. LICENSEE shall report to LICENSOR the date of first commercial sale of a LICENSED PRODUCT within sixty (60) days of occurrence in each country.
Appears in 3 contracts
Samples: Exclusive Patent License Agreement (Aptorum Group LTD), Exclusive Patent License Agreement (Aptorum Group LTD), Exclusive Patent License Agreement (Aptorum Group LTD)
Upon First Commercial Sale of a LICENSED PRODUCT. LICENSEE COMPANY shall report to LICENSOR M.I.T. the date of first commercial sale of a LICENSED PRODUCT within sixty (60) days of occurrence in each country.
Appears in 2 contracts
Samples: Tangible Property License Agreement, Tangible Property License Agreement (MetaStat, Inc.)
