Licensed IP Rights definition

Licensed IP Rights means, collectively, the Licensed Patent Rights and the Licensed Know-How Rights.

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Licensed IP Rights means any Intellectual Property Rights of a Third Party that are licensed to the Company or any of its Subsidiaries or that the Company or any of its Subsidiaries is granted a right to use or exploit (including by means of a covenant not to ▇▇▇) pursuant to a Brand/IP License Agreement.

Licensed IP Rights shall have the meaning given in Section 2.1(b).

Examples of Licensed IP Rights in a sentence

• Modulant shall not, and shall cause its Affiliates and Sublicensees not to, challenge or assist any third party in challenging the validity, enforceability, or ownership of any Licensed IP Rights during the Term.

• Until Modulant has actually paid to NorthStrive an aggregate amount of $[***], Modulant shall pay to NorthStrive [***] percent ([***]%) of all amounts received by, or otherwise due and payable to, Modulant or its Affiliates or Sublicensees from the Commercialization or other exploitation of the Licensed IP Rights or Licensed Products (“IP Revenue”).

• Subject to Modulant’s compliance with the terms and conditions of this Agreement, NorthStrive hereby grants to Modulant an exclusive, royalty-bearing, sublicensable license under the Licensed IP Rights to Develop, Manufacture, use, sell, offer for sale, import, export, and otherwise Commercialize Licensed Products solely in the Field in the Territory.

• For clarity, nothing in this Agreement licenses, permits, or obligates Modulant to use the Licensed IP Rights in connection with any human use, human clinical trials, human drug approvals, or any activities associated with human pharmaceutical development.

• The rights granted to Modulant under this Agreement are subject to, and conditioned upon, the terms and conditions of the Head License under which NorthStrive obtained rights to the Licensed IP Rights.

More Definitions of Licensed IP Rights

Licensed IP Rights has the meaning given in Section 4.15.

Licensed IP Rights means all patents, copyrights, proprietary rights in technical information and similar industrial and intellectual property rights throughout the world that pertain in any respect to the Implant, and that are owned by STELKAST or that STELKAST has the right to license as of the Effective Date.

Licensed IP Rights means the Transitionally Licensed IP Rights and the Perpetually Licensed IP Rights;

Licensed IP Rights means, collectively, the Nerviano Patents and the Nerviano Know-How.

Licensed IP Rights means the Licensed Patents, the Licensed Know-How, rights to data, contracts, or any other right Controlled by Licensor that are reasonably necessary or useful to Develop, Manufacture, obtain or maintain Regulatory Approvals for, or Commercialize Product in the Field in the Licensee Territory.

Licensed IP Rights means Licensed Patents and Licensed Technology.

Licensed IP Rights means the bluebird Licensed Patents and bluebird Licensed Know-How and the 2seventy Licensed Patents and 2seventy Licensed Know-How. A Party’s Licensed IP Rights are, for bluebird, the bluebird Licensed Patents and bluebird Licensed Know-How and, for 2seventy, the 2seventy Licensed Patents and 2seventy Licensed Know-How.