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

  • If, notwithstanding such intent, such transaction is held not to be a sale, Titan hereby confirms the grant of a security interest in the royalties from Novartis pursuant to the Novartis Sublicense and the proceeds thereof pursuant to the Security Agreement, dated as of March 15, 2011, as amended, between Titan and the Noteholders (as defined in the Facility Agreement).

  • 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.

  • 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 means a person licensed under this chapter.

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

  • 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 [***].

  • 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 [***].

  • 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 an agent, broker, or reinsurance intermediary licensed pursuant to the applicable provision of the insurance law of any jurisdiction.

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

  • Sublicensing Revenue means all fees, royalties and other compensation paid to LICENSEE by any Sublicensee for performing any rights or licenses which are subject to this Agreement. If the compensation is other than cash, then the Sublicensing Revenue shall be the cash equivalent of such other than cash compensation.

  • GSK or ‘𝐺𝑆𝐾’ means the generation shift key as defined in Article 2(12) of the CACM Regulation;

  • 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.

  • Pfizer means Pfizer Inc.