Examples of Licensed Combination Products in a sentence
Subject to the terms and conditions contained in this Agreement, and in consideration of the rights granted by Supernus hereunder, United Therapeutics shall pay Supernus, or an Affiliate of Supernus designated in writing, the following Milestone Payments as pertaining to the development of Licensed Products or Licensed Combination Products for a second indication, contingent upon the occurrence of the corresponding specified contingent Milestone Event detailed below.
Following First Commercial Sale in any country, United Therapeutics shall have the right to distribute (without receipt of compensation and without payment of a royalty to Supernus) in any calendar year for compassionate purposes to indigent patients, an aggregate of up to [**] ([**]%) of the total number of Licensed Products or Licensed Combination Products sold in units (with the receipt of compensation) in such country in such calendar year by United Therapeutics, its Affiliates and Sub-Licensees.
For the sake of clarity, Sanofi-Aventis shall be entitled to make, have made, use, sell, have sold, develop or have developed Licensed Combination Products in the U.S. Territory after the end of the Exclusivity Term, subject to the last sentence of Section 8.2(c).
Save as provided above, we may terminate the Service at any time at our discretion with reasonable notice.
Company shall keep, and shall require sublicensees to keep accurate and correct records of Licensed Products, Licensed Combination Products or Licensed Processes or Services made, used or sold under this Agreement, appropriate to determine the amount of royalties due hereunder to University.
Upon termination of this Agreement under this Article XII, but subject to the provisions of Article XII Section G, Company shall either return to University Licensed Products or Licensed Combination Products in its possession or certify to University in writing that Licensed Products or Licensed Combination Products in its possession have been destroyed.
Company and any sublicensee thereof may, however, after the effective date of such termination, have six (6) months to sell all Licensed Product or Licensed Combination Products completed and in inventory.
United Therapeutics shall, and shall procure that its Affiliates and Sub-Licensees shall, use reasonable commercial efforts to develop and commercialize Licensed Products and Licensed Combination Products.
Company shall use its best efforts, consistent with sound and reasonable business practices and judgment, to effect commercialization of Licensed Products, Licensed Combination Products, Licensed Processes or Services as soon as practicable and to maximize these sales.
No royalties shall be payable on Licensed Products or Licensed Combination Products distributed to Third Parties without the receipt of compensation solely as a sample for testing or evaluation purposes.