Examples of CTI Sublicensee in a sentence
CTI shall pay to NeuroSpheres a two (2%) percent royalty on any and all Net Sales made, directly or indirectly, by any of CTI, any CTI Affiliates and/or by the CTI Sublicensee, regardless of where the Sales are made.
CTI and any CTI Sublicensee may, however, after the effective date of such termination, sell Products in the process of manufacture at the time of such termination, provided that CTI shall pay to NeuroSpheres the royalties thereon as required of this Agreement and shall submit the reports required by Section 3 hereof on the Sales of such Products.
CTI shall notify NeuroSpheres in writing within 30 days of the grant by CTI to a CTI Sublicensee of any of its rights hereunder.
In consideration of the very valuable confidential information which has been disclosed to CTI by NeuroSpheres, CTI, its Affiliates and any CTI Sublicensee shall not, directly or indirectly, challenge or impugn nor assist any Person to challenger or impugn the validity or enforceability of any Patent Rights or the Cell Technology.
CTI shall notify NeuroSpheres in writing within 30 days of the grant by CTI to a CTI Sublicensee of any of its rights hereunder.NeuroSpheres shall notify CTI in writing within 30 days of the grant by NeuroSpheres to a NeuroSpheres Sublicensee of any of its rights in the Field.Neither CTI nor NeuroSpheres shall grant any sublicense to its rights in the Field to any more than one sublicensee in any specific territory for any specific disease indication (in that specific territory).