Examples of Licensed Products in a sentence
If no sales of Licensed Products have been made and no Sublicense Fees have been received by LICENSEE during any reporting period, LICENSEE shall so report.
The report shall provide a discussion, to UNIVERSITY’s satisfaction, of intended efforts and, following the first Regulatory Approval of a Licensed Product, sales projections for the Licensed Products for the year in which the report is submitted.
Beginning [**] after the Effective Date and within [**] after the end of each of LICENSEE’s fiscal years, LICENSEE shall furnish UNIVERSITY with a written report on the progress of its efforts during the immediately preceding fiscal year to develop and commercialize Licensed Products.
In particular, CYSEC does neither represent nor warrant that the Licensed Products shall meet Customer's requirements.
Issuances of securities pursuant to this Agreement are irrevocable and nonrefundable, and are not conditioned upon (1) whether LICENSEE achieves any success with its licensing of the Patent Rights or Technology, (2) whether LICENSEE develops, uses or sells any Licensed Products, or (3) any other thing or event, except for UNIVERSITY’s execution of the SPA.