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(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;

Examples of Exploiting Party in a sentence

• Notwithstanding the above, the Parties acknowledge and agree that if the Non-Exploiting Party can reasonably demonstrate that any aspect of the Key Product Strategy proposed by the Exploiting Party will materially prejudice the Exploitation of any Product(s) which have been launched, the Exploiting Party will not proceed with such aspect of the Key Product Strategy.

• The Exploiting Party agrees that it or the relevant licensee shall be solely responsible, at their own cost, for all such payments to Third Parties and any amounts payable to the other Parties under this Agreement shall not be reduced as a consequence except as explicitly provided in Schedule 6.

• The Exploiting Party shall provide the Other Party(s) with copies of supporting financial documentation on reasonable request.

• The Exploiting Party shall keep the Non-Exploiting Party informed regarding the Key Product Strategy for each Product and take into account the reasonable recommendations of the Non-Exploiting Party relating to such Key Product Strategy.

• 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.

More Definitions of Exploiting Party

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 ;

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.

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 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 (a) in case of a successful and completed Option exercise pursuant to Section 6, the Party who has exercised the Option for a given Collaboration Product; or (b) in case of an Exit Decision, the Continuing Party with respect to the Collaboration Product for which the Exit Decision was exercised.

Exploiting Party means whichever of the Organisation 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 Organisation. 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. ‘Grant’ means the grant, details of which are set out in Schedule 1 to this Agreement. ‘Gross Income’ means all cash sums or other monetary consideration actually received in respect of exploitation of the Trust-funded Project, including licence, signing and option fees, royalties, and milestones, but excludes any Equity or other interests (whether by way of debenture, warrant, security or otherwise) or monies paid specifically to fund the undertaking of a research programme. ‘Organisation’ means the organisation named in the details set out above. ‘Intellectual Property’ means any and all rights in inventions, discoveries, materials, technologies, products, data, algorithms, software, know-how, patents, databases, copyright, trademarks, design rights, applications for any of the foregoing, moral rights, and any other intellectual property rights whether or not registered or capable of registration and whether or not subsisting in the UK or in any other part of the world.

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;