Examples of Development Data in a sentence
Each Party shall not assign, transfer, convey, or otherwise encumber its right, title, or interest in, or grant any right to any Third Party under (i) the V2V Technology or Development Data, in the case of V2V, in a manner that is inconsistent with the licenses granted to Anteris under Section 2.1; or (ii) in the case of Anteris, in a manner that is inconsistent with the license granted to V2V under Section 6.2(b).
Anteris hereby assigns to V2V all right, title and interest in and to all Development Technology and Development Data, including any Intellectual Property Rights therein.
V2V shall grant, and hereby does grant, Anteris a perpetual, worldwide, royalty free, fully paid up, sublicensable, transferable, exclusive license to the Developed Technology and Development Data in the Anteris Field of Use.
Each Party shall promptly disclose to the other Party all Developed Technology and Development Data arising from the activities of such Party.
Anteris, directly or through its Affiliates or Subcontractors, shall use Commercially Reasonable Efforts to Develop the Products and, when appropriate as determined in its reasonable judgment based on Development Data, work with V2V to obtain Regulatory Approval for the Products in accordance with the Development Plan.