Exclusivity Grant definition

Exclusivity Grant will have the meaning set forth in Section 3.4(a).
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Exclusivity Grant shall have the meaning attributed to it in Section 2.1 hereof.
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Examples of Exclusivity Grant in a sentence

  • Moreover, in the event any such Legacy Agreement results in the first commercialization in the Consumer Market by Scotts of an herbicide or insecticide as contemplated under Section 2.4(d) hereof, Scotts shall be obligated to pay MBI the Commercialization Fee Payment, notwithstanding the early termination or expiration of the Exclusivity Period and Exclusivity Grant.

  • The Exclusivity Period and the Exclusivity Grant shall automatically terminate with respect to each and every MBI Proposed Technology that becomes a Declined MBI Technology pursuant to Section 3.3.3 hereof.

  • MBI shall solely own any and all Development IP that may arise under this Agreement and is derived from solely (i) MBI Background IP or MBI’s Confidential Information, or (ii) contributions by one or more of MBI’s employees (collectively, the “MBI Development IP”); and all such MBI Development IP immediately and automatically becomes part of the MBI Technology Portfolio and subject to Scotts’ exclusive rights under the Exclusivity Grant.