Licensed Assets definition

Licensed Assets shall have the meaning set forth in Section 2.1 hereof.
Licensed Assets means the Books and Records, Commercial Information, Medical Information, Know How, those Trademarks listed in Annex 1 Part B, and that is related to the commercialization and/or manufacture of the Products in the Territory and, in each case that is in existence, reasonably accessible and owned or controlled by Novartis and/or its Affiliates as at the Closing Date.
Licensed Assets means Licensed Patents and Licensed Know-How.

Examples of Licensed Assets in a sentence

  • Under the terms and conditions of the License Agreement, (a) Novartis shall, or shall cause its Affiliates, to grant to Purchaser, the licenses to the Licensed Assets specified therein effective upon the Closing Date.

  • If either Party becomes aware of any claim or challenge to, the validity of the Licensed Assets and/or the Licensed Trademarks, it shall promptly inform the other Party.

  • Each Party shall promptly notify the other Party of any actual or suspected infringement within the Territory of the Licensed Trademarks and Licensed Assets relating to the Products (“Infringement”) that comes to its attention.

  • Purchaser (and its Affiliates or distributors) shall keep confidential and not disclose to any third party any confidential information pertaining to the Business and the Licensed Assets, which is received or obtained as a result of entering into or performing this License Agreement, including, know-how concerning the manufacture of the Products.

  • This restriction shall not apply to announcements required by any Regulatory Authority or restrict Purchaser from publicly disclosing that it is licensed to use and exploit the Licensed Assets and the Licensed Trademarks.


More Definitions of Licensed Assets

Licensed Assets has the meaning set forth in the Asset Purchase Agreement.
Licensed Assets shall have the meaning assigned to such term in Section 4.15 hereof.
Licensed Assets means the Bioprojet Know-How, Bioprojet Patents, Product Trademarks, Product trade dress, Regulatory Filings and Regulatory Approvals and Bioprojet’s right and interest in and to any Joint Inventions and Collaboration IP.
Licensed Assets means the Licensed Technology, the Licensed Development Technology, the Licensed Trademarks and the Improvements.
Licensed Assets means all of the Intellectual Property and Intellectual Property Rights that are licensed to Purchaser pursuant to the License Agreement.
Licensed Assets means the Azathioprine ANDA and the Licensed Intellectual Property.
Licensed Assets means the Trademarks, the Trade Dress and the Product Standards.