Novartis Sublicense definition

Novartis Sublicense has the meaning set forth in the Background Statement.
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Examples of Novartis Sublicense in a sentence

  • Notwithstanding the foregoing, for so long as Titan has the right to receive (which right is partially being sold to Deerfield hereunder) any royalty payments pursuant to the Novartis Sublicense, Titan shall instruct Novartis to make such payments to the account specified in the Cash Management Agreement and Paying Agent Agreement.

  • AHTP sent a written response to the June 14, 2007 Letter Amendment and Title Objection Letter on June 15, 2007.

  • The royalties payable by Novartis to Titan under the Novartis Sublicense are 8% of Net Sales (as defined therein) up to $200 million and 10% of Net Sales (as defined therein) in excess of $200 million (collectively, the “Titan Entitlement”).

Related to Novartis Sublicense

  • Sublicense means any agreement to Sublicense.

  • Research License means a nontransferable, nonexclusive license to make and to use the Licensed Products or the Licensed Processes as defined by the Licensed Patent Rights for purposes of research and not for purposes of commercial manufacture or distribution or in lieu of purchase.

  • Sublicensee means a third party to whom LICENSEE grants a sublicense of certain rights granted to LICENSEE under this Agreement.

  • Sublicense Agreement means any agreement or arrangement pursuant to which Licensee (or an Affiliate or Sublicensee) grants to any third party any of the license rights granted to the Licensee under the Agreement.

  • Sublicensees as used herein in either singular or plural shall mean any person or entity other than an AFFILIATED COMPANY to which Company has granted a sublicense under this Agreement.

  • Novartis shall have the meaning set forth in the Preamble.

  • ISIS means the department’s individualized services information system.

  • Sublicense Fees shall have the meaning set forth in Section 7.3 below.

  • BMS means the Company, all related companies, affiliates, subsidiaries, parents, successors, assigns and all organizations acquired by the foregoing.

  • Licensee has the meaning set forth in the preamble.

  • Licensed Technology means the Licensed Know-How and Licensed Patents.

  • Supply Licence means the licence granted to us under section 6(1)(d) of the Act;

  • License Key means a unique key-code that enables Licensee to run Software subject to the obtained User Pack.

  • Sub-Licensee means all person/ agency with whom Licensee has executed sub license agreement as per terms and conditions of license agreement executed between DMRC and the Licensee, for commercial utilization of the Bare Spaces.

  • Sublicense Revenue means any payments or other consideration that CTI actually receives from a Sublicensee as consideration for the grant of a Sublicense, including, without limitation, milestone payments, license fees, license maintenance fees and equity. Sublicense Revenue excludes (i) purchases of equity or debt of TGTX, (ii) payments made for GTX’s performance of any research, Development, or Commercialization of any Licensed Product, (iii) (b) royalties on Net Sales (or, in the case of a profit sharing deal structure, shares of net profits) which are covered in Section 5.9, and (iv) any payment or reimbursement of any costs or expenses incurred by TGTX for filing, prosecution, maintenance, or defense of any DFCI Patents. In the event such consideration received from a Sublicensee is not cash, Sublicense Revenue shall be calculated by TGTX based on the fair market value of such consideration, at the time of the transaction, assuming an arm’s length transaction made in the odinary course of business.

  • Licensed Products means tangible materials which, in the course of manufacture, use, sale, or importation, would be within the scope of one or more claims of the Licensed Patent Rights that have not been held unpatentable, invalid or unenforceable by an unappealed or unappealable judgment of a court of competent jurisdiction.

  • Licensee Technology means the Licensee Know-How and Licensee Patents.

  • Sublicense Revenues means all revenue, in whatever form but excluding sublicense royalties, earned by the Licensee in consideration of its granting a Third Party a sublicense to make a Licensed Product including, without limitation, receipt of annual milestone attainment, sublicense issuance, maintenance or up-front payments, or technology access fee; and issuance of securities or real, personal or intangible property.

  • PTI means Preliminary Toxicity Investigation. Up to a 30-day period where the permittee investigates the cause(s) of a whole effluent toxicity exceedance and if the toxicity is known, includes a proposal for its elimination.

  • Sub-License means the sub-licensing of any space in the Station Development Assets and Project Utilities in the Station Development Project, by the Station Facility Manager to any licensee, in accordance with the Station Facility Management Agreement;

  • Licensed producer means a person or entity licensed to produce medical cannabis.

  • Company Licensed IP means all Intellectual Property rights owned or purported to be owned by a third party and licensed to the Company or to which the Company otherwise has a right to use.

  • Sublicensing Revenue means all (i) cash, (ii) sublicensing fees and (iii) all other payments and the cash equivalent thereof, which are paid to LICENSEE by the Sublicensees of its rights hereunder, but excluding the following payments:

  • GSK will have the meaning set forth in the Preamble.

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

  • Third Party License means licenses from third parties governing third party software embedded or used in the Trading Platform.