Compound Library definition

Compound Library means (a) the CRT/ICR Existing Compound Library or any other compound library generated by or on behalf of the Company and/or the ICR pursuant to the conduct of Programme, but (b) excluding any compounds comprised in any CRT/ICR Background Library, other than Duplicate Compounds which remain Programme Compounds pursuant to Clause 7.6(b).

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Compound Library means the collection of compounds (including, without limitation, the Licensed Compound) which as of the Execution Date is specifically and/or generically covered by one or more claims in U.S. Patent No. 5,262,439, entitled "Soluble Monoesters of Probucol", or any corresponding foreign patents or patent applications. The Compound Library shall include such compounds in any form, including any salt, hydrate or crystalline structure thereof.

Compound Library means the discovery library comprised of physical samples of compounds that is stored in the ▇▇▇▇▇ Haystack compound storage unit, including all Intellectual Property related thereto, but excluding (a) all Excluded Ag Assets, and any samples, manufacturing standards, impurity standards, regulatory samples and other materials related to such Excluded Ag Assets and (b) for clarity, all Intellectual Property with respect to any compounds for which the physical samples are contained in the Compound Library solely to the extent related to current or previously marketed products of Descartes or any of its Subsidiaries (other than Transferred Ag Active Ingredients and Transferred Ag Formulated Products) or the Retained Descartes Pipeline. “Concerto” means Bayer CropScience AG. “Concerto Assignment and Assumption Agreement” means the Partial Assignment and Assumption Agreement in the form attached hereto as Exhibit A-4 to be entered into by Descartes and/or its Subsidiaries, as applicable, and Fermat and/or its Subsidiaries, as applicable, at the Closing. “Concerto Data” means, collectively, Concerto Formulated Product Data and the Concerto Technical Data.

Examples of Compound Library in a sentence

• The Roche Bioscience Screening Library is not part of the Research Compound Library, but may, in Roche Bioscience's sole discretion, be used in HTS against the Targets.

• With respect to Product Patent Rights claiming compounds in the Pfizer Compound Library or Licensed Products, Pfizer shall have those rights and duties ascribed to Rigel in Section 6.1, except that Pfizer will bear all related expenses.

• Derivatives made as part of a Collaboration Medicinal Chemistry Program from compounds originating from the Roche Bioscience Screening Library shall be considered part of the Roche Compound Library.

• Prior to the designation of a Potential Compound from a Signal Compound Library as a Chemical Lead Compound pursuant to Section 2.4(d), Tanabe shall not engage in any attempts to elucidate the chemical structure of such Potential Compound, make any chemical modification to such Potential Compound, or test such Potential Compound for use outside the Inflammation Pathways or the Osteoporosis Pathways, as applicable.

• To the extent that the alleged infringement is based upon the use of Licensed Compound, another compound from the Compound Library or the Licensor Know-How, Schering shall have no obligation to pay royalties to Licensor under Section 3.3 with respect to sales of Licensed Product in such country(ies) during the pendency of any such suit.

• Taisho acknowledges and agrees that Tularik is and shall remain the sole owner (or licensee with right to sublicense) of the Tularik Patents, the Tularik Know-How, the Tularik Assays and the materials and compounds in the Tularik Compound Library and that Taisho has no rights in or to any of them other than the rights specifically granted herein.

• For purposes of clarity and avoidance of doubt, the parties acknowledge that development milestone 3.2(a)(iii) will not be triggered by repeated occurrences of that milestone event involving different Licensed Products containing the same compound from the Compound Library.

• Derivatives made as a result of HTS as part of the Research Collaboration from compounds originating from the Roche Bioscience Screening Library shall be considered part of the Research Compound Library.

• Derivatives made as a result of HTS as part of the Research Collaboration from compounds originating from the Tularik Screening Library shall be considered part of the Research Compound Library.

• As and when requested by Tanabe, Signal shall study a compound, which originated from a Tanabe Compound Library and the composition of matter and use of which is characterized as a Tanabe Use or Structure Contribution, using Signal's proprietary and non-proprietary assays to attempt to define the mechanism of action of such compound in the Inflammation Pathways or Osteoporosis Pathways, as applicable.

More Definitions of Compound Library

Compound Library means the discovery library comprised of physical samples of compounds that is stored in the ▇▇▇▇▇ Haystack compound storage unit, including all Intellectual Property related thereto, but excluding (a) all Excluded Ag Assets, and any samples, manufacturing standards, impurity standards, regulatory samples and other materials related to such Excluded Ag Assets and (b) for clarity, all Intellectual Property with respect to any compounds for which the physical samples are contained in the Compound Library solely to the extent related to current or previously marketed products of Descartes or any of its Subsidiaries (other than Transferred Ag Active Ingredients and Transferred Ag Formulated Products) or the Retained Descartes Pipeline.