Examples of Excluded Field in a sentence
The Temporary Release shall be effective for a period of three Years from and after the Effective Time; provided, however, that the Temporary Release may be extended, as to each then-applicable Excluded Field, on a Year-to-Year basis, and in each case, for a period of one additional Year.
Subject to the terms and conditions of this Agreement, MCK hereby grants to NewCo and its Subsidiaries a perpetual, irrevocable, worldwide, nonexclusive, non-transferable (except as otherwise provided in Sections 2.6 and 5.2), royalty-free and fully paid up license under the MCK Retained IP for Use in connection with the Company Business; provided, however, with respect to MCK Excluded Patents, in no event shall the foregoing license extend to the Excluded Field.
For the further avoidance of doubt, after the Second Amendment Effective Date, neither Aventis nor its Affiliates shall have any right, title, or interest in Regeneron’s Excluded Ocular VEGF Products and Regeneron shall have the sole discretion to undertake any further development or commercialization of any Excluded Ocular VEGF Products, including, without limitation, any VEGF Trap Products in the Excluded Field, either on its own or with or through any Third Party licensee(s).
Subject to the limitations set forth in this Agreement, Asterias hereby grants to BioTime, and BioTime hereby accepts, a fully-paid exclusive option, exercisable within ninety (90) days of notice from Asterias that the applicable Asterias Patent Rights have become available, to enter into an exclusive license in, to, and under the Asterias Patent Rights in that BioTime/ESI Excluded Field described in Section 1.6 (c) for all purposes during the Term.
Regeneron shall be entitled to use in the Excluded Field, free of charge, up to two kilograms of purified bulk drug substance manufactured prior to the Second Amendment Effective Date for use in the manufacture of Formulated Bulk VEGF Product (“Purified Bulk Drug Substance”).