Examples of Chugai License in a sentence
The Chugai License as heretofore made available by Santaris to Enzon represents the complete agreement and understanding between Exiqon and Chugai relating to the Santaris Technology that is the subject of the Chugai License.
None of the Exiqon License, University of Copenhagen License or Chugai License has been modified, supplemented or amended, other than by amendments thereto provided to Enzon prior to the Effective Date.
Enzon acknowledges that Santaris, as a sublicensee through Exiqon under the Chugai License, is subject to an obligation in respect of rights to commercialize the Products in Japan [**Redacted**]: [**Redacted**] [**Redacted**].
Enzon acknowledges that Santaris, as a sublicensee through Exiqon under the Chugai License, is subject to an obligation in respect of rights to commercialize the Products in Japan that arises out of the following provision in the Chugai License: Santaris is currently negotiating with Chugai to, among other things, satisfy or eliminate such obligations in respect of the Selected LNA Compounds.
Sonus further represents and warrants that the Chugai License Agreement is in full force and effect, that it is not in breach of the Chugai Agreement, and that to the best of its knowledge no event of breach has occurred or been alleged by the parties thereto.
If at any time during the Royalty Term, Enzon is required to pay directly to Chugai, for any reason, the royalties required to be paid to Chugai by Exiqon under the Chugai License, then the royalties payable to Santaris under this Section 7.5(a) shall be reduced by the amount of any royalty payments made directly by Enzon to Chugai.
Nycomed further agrees that it shall keep Sonus reasonably informed of the status of the prosecution and maintenance of the foregoing application, for so long as Sonus has any contingent obligations to repay any amount to Chugai pursuant to the terms of the Chugai License Agreement.
In the event that Nycomed discontinues prosecution of Japanese Patent Application 05-506054 in Japan prior to the earlier of: (i) allowance of claims thereunder by the Japanese Patent Office; (ii) final decision from the Japanese Patent authorities that no claims will be allowable; or (iii) December 22, 2002, then Nycomed agrees to assume the obligation of Sonus under the Chugai License Agreement to pay one million dollars ($1,000,000.00) to Chugai pursuant to the terms of the Chugai License Agreement.
However, in the event that Nycomed continues to use commercially reasonable best efforts to prosecute Japanese Patent Application 05-506054 through the date of December 22, 2002, but does not obtain an allowance of a claim in that application in accordance with the provisions of paragraph 3.2 of the Chugai License Agreement, Sonus shall be obligated to pay the one million dollars ($1,000,000.00) to Chugai pursuant to the terms of the Chugai License Agreement.