Exploiting Party definition

Exploiting Party means the Party or Parties undertaking development and exploitation pursuant to Clauses 11 and 12;

Exploiting Party means whichever of the Grantee or Technology Transfer Group (if any) as applicable will be responsible for the Exploitation of the Grant Funded IP for and on behalf of the Grantee.

Exploiting Party means the Party responsible for commercialising and exploiting the Project Intellectual Property with or without the Background Intellectual Property in accordance with Clause 7 ;

Examples of Exploiting Party in a sentence

• IP To the extent that the exploitation of any Project IP owned by a Party (the “Exploiting Party”) depended on the use of the other Party’s Background IP, such other Party would, subject to any existing third-party obligations, grant to the Exploiting Party a non-exclusive licence to that Background IP on fair and reasonable terms to be agreed in writing by the Parties.

• All sums due to Diabetes UK under this clause 3 shall be paid by the Exploiting Party to DUKSL, which shall fulfil the Exploiting Party’s payment obligations towards Diabetes UK under this clause 3.

• The Exploiting Party shall send to DUKSL the appropriate payments required in respect of such statements within 14 (fourteen) days of receipt of the proper VAT invoice(s) from DUKSL.

• The Exploiting Party must be an existing, officially registered business entity at the time of proposal submission.

• The Exploiting Party shall complete all actions required of it to ensure that the shares of Equity due to us pursuant to this Agreement, in respect of such statements, become owned by us, or any third party specified by us, within 6 (six) months of the end of the relevant Accounting Period.

More Definitions of Exploiting Party

Exploiting Party means the Party(ies) undertaking Exploitation pursuant to Clauses 5 and 16. For clarity any Third Party to whom the Company or its Affiliates licences the Exploitation of the Exploitation IPRs shall not be considered an Exploiting Party for the purposes of this Agreement;

Exploiting Party means one of the Organisation or the Grantors, being the Party responsible for commercialising and exploiting the Project Intellectual Property and/or the Background Intellectual Property in accordance with Clause 9 which shall be the Organisation, until the exercise of the option set out in Clause 9.7;

Exploiting Party means whichever of the Institution or Technology Transfer Group (if there is one) as is or will be responsible for technology transfer and commercialisation matters with respect to the Project funded by The Charity for and on behalf of the Institution. For these purposes, ‘exploitation’ includes but is not limited to commercialization by way of licence, assignment, option, sale, research collaboration or other agreement, or for cash or equity consideration.

Exploiting Party means whichever of the Institution or Technology Transfer Group (if there is one) named above as is or will be responsible for technology transfer and commercialisation matters with respect to the Trust-funded Project for and on behalf of the Institution. For these purposes, ‘exploitation’ includes but is not limited to commercialization by way of licence, assignment, option, sale, research collaboration or other agreement, or for cash or equity consideration.

Exploiting Party means the party as designated in the list of parties to this Agreement, that will take the primary responsibility for the Exploitation of the Results of the KAVA, in consultation with the other EIT Food Partners in the KAVA.

Exploiting Party. The Exploiting Party is the EIT Food Partner that will take the primary responsibility for the commercial Exploitation of the Results of the KAVA. The EIT Food Partners working together in the KAVA should make arrangements between themselves in order to determine who will be the Exploiting Party towards KIC LE. Since EIT Food Partners are deemed to enter into a consortium agreement, the expectation is that these arrangements will be made at the level of the consortium agreement. When an Exploiting Party would leave the consortium, the overall arrangements regarding further execution of the KAVA when EIT Food Partners are leaving (see Art. 32 of the MGA) will apply. Typically, the tasks will be reallocated, appropriate amendments will have to be made. Also, this Agreement would have to be amended in the event of a change of parties involved.

Exploiting Party means whichever of the University or Grantee as is or will be responsible for commercialisation and exploitation of the ISRF-Funded Outcome of Research. For these purposes, ‘exploitation’ includes but is not limited to commercialisation by way of licence, assignment, option, sale, research collaboration or other agreement, or for cash or equity consideration.