Examples of Licensed Subject Matter in a sentence
Licensor desires to have the Licensed Subject Matter developed and used for the benefit of Licensee, the inventors, Licensor, and the public.
Licensee has the right to grant Sublicense Agreements under the Licensed Subject Matter consistent with the terms of the Agreement, subject to the following: Licensee: Regulus Therapeutics Inc.
Upon execution of the grant of the first sublicense under the Licensed Subject Matter (including a license or an option to license), Licensee shall make a one-time, non-refundable payment to Licensor in the amount of $[***].
Licensor acknowledges that any pre-existing intellectual property rights held by the acquiring party shall not become Licensed Subject Matter under this Agreement.
Licensor has determined that such use, development, and commercialization of the Licensed Subject Matter is in the public’s best interest and is consistent with Licensor’s educational and research missions and goals.