License Option Agreement definition

License Option Agreement means the License Option Agreement dated as of the date hereof between Allergan and ASTI.

License Option Agreement means the License Option Agreement dated as of the date hereof between ALZA and Crescendo.

License Option Agreement means the License Option Agreement between ALZA and Crescendo dated as of September 5, 1997. 1.6 "Licensed Product" shall mean the product listed on Attachment A hereto. 1.7 "Major Market Country" shall mean any of the following countries: the United States, France, Germany, Italy, Japan or the United Kingdom. 1.8 "Net Sales" shall mean the total amount invoiced in United States dollars (or converted thereto in accordance with Section 5.2 hereof) on sales of a Licensed Product by ALZA (or its Affiliates) or any ALZA sublicensee, distributor or marketing partner (or its Affiliates) to unrelated third parties such as wholesalers, hospitals and others, in bona fide arm's-length transactions, less the following deductions, in each case related specifically to the Licensed Product and actually allowed and taken and not otherwise recovered by or reimbursed to ALZA (or its Affiliates) or such sublicensee, distributor or marketing partner (or its Affiliates): (i) trade, cash and quantity discounts; (ii) taxes on sales (such as sales or use taxes) to the extent added to the sales price and set forth separately as such in the total amount invoiced; (iii) freight, insurance and other transportation charges to the extent added to the sales price and set forth separately as such in the total amount invoiced; and (iv) amounts repaid or credited by reason of rejections, defects or returns or because of retroactive price reductions, chargebacks or rebates under government programs. Net Sales shall also include the fair market value of all other consideration received (a) by ALZA (or its Affiliates) with respect to sales by them of the Licensed Product to unrelated third parties from persons other than sublicensees, distributors or marketing partners (or their Affiliates) or (b) by any sublicensee, distributor or marketing partner (or its Affiliates) with respect to their sales of the Licensed Product to unrelated third parties, in each case whether such consideration is in cash, payment in kind, exchange or other form.

Examples of License Option Agreement in a sentence

• This Agreement will become effective in accordance with Section 2.3 of the License Option Agreement and, unless terminated in accordance with any of the provisions hereof, shall remain in full force and effect thereafter.

• Either party may terminate this Agreement effective upon the giving of written notice of such termination to the other party in the event such other party breaches any of its material obligations hereunder or under the License Option Agreement and such breach continues for a period of 60 days after written notice thereof by the terminating party to the other party.

• Crescendo and ALZA have entered into a License Option Agreement and certain other agreements dated as of September 5, 1997.

• For purposes of this Agreement, all such information and data which a party is obligated to retain in confidence shall be called “Information.” Any written information, materials or data relating to GGF-2 disclosed by one party to the other party pursuant to the License Option Agreement and the Confidentiality Agreement entered into as of July 23, 2001 shall be deemed Information under this Agreement.

• RBG hereby confirms its exercise of the exclusive (even as to the grantor) license option in the License Option Agreement Supervax dated November 9, 2005, between RBG and Green Cross Vaccine Corporation (the “Superseded Option”).

More Definitions of License Option Agreement

License Option Agreement means the License option Agreement between ALZA and TDC dated as of the date hereof.

License Option Agreement means the License Option Agreement between the parties dated as of March 10, 1993.

License Option Agreement means that certain License Option Agreement dated ___ day of _______, 20__ made and entered into by and between University and XYZ.

License Option Agreement means that certain Option Agreement by and between Borrower and Forest dated as of May 3, 2013.

License Option Agreement means the license option agreement dated July 22, 2010 between the Corporation and the Purchaser.

License Option Agreement will have the meaning set forth in the recitals of this Agreement.

License Option Agreement has the meaning set forth in Recital C.