Licensed Products definition
Examples of Licensed Products in a sentence
Licensee shall, without request by University, render to University written reports for each calendar quarter of the Net Sales of Licensed Products and/or Licensed Processes subject to royalty hereunder made during the prior three (3) month period and shall simultaneously pay to University the royalties due on such Net Sales, if any, in United States Dollars.
For the sake of clarity, any Licensed Product(s) or Licensed Process(es) based First Amendment to Non-Exclusive License Agreement 1 of 3 CU Case No. CU1833B-05 on the Improvements added under this Agreement will be subject to the same obligations regarding the payment of royalties and milestones as any other Licensed Product(s) or Licensed Process(es), respectively.
Licensee shall, to the extent commercially feasible, cause an Licensed Products to be manufactured in the United States.
Licensee shall comply with all commercially material local, state, federal, and international laws and regulations relating to its obligations under this Agreement regarding the development, manufacture, use, and sale of Licensed Products and Licensed Processes.