Examples of Ovid Territory in a sentence
Ovid shall have the right to use Data resulting from the Licensee Territory Development Activities as necessary for Ovid or its Affiliates or licensees (other than Licensee) to comply with its regulatory reporting and compliance obligations, including safety reporting obligations, and to support its own Development, Regulatory Approval, or Commercialization of the Product in the Ovid Territory.
During the Term, Licensee shall not, directly or indirectly (including through an Affiliate or a Third Party), Commercialize the Product in the Ovid Territory.
For the avoidance of doubt, in no event shall Licensee submit any Regulatory Filing for the Product in the Ovid Territory.
Except as provided in this Agreement, Ovid shall not, and shall cause its Affiliates and sublicensees not to, whether directly or indirectly through a Third Party, export, distribute or sell a Product outside the Ovid Territory.
Ovid shall have the first right, but not the obligation, to defend any such Third Party claim or assertion of infringement of a Patent as described in Section 9.7(a) in the Ovid Territory.
Ovid shall have the first right, but not the obligation, to bring such action in the Ovid Territory.
Ovid, in the Ovid Territory, and Takeda, in the Takeda Territory, shall have the sole right and responsibility to make the final determination whether to voluntarily implement any such recall, market suspension, or market withdrawal in such jurisdiction; provided that prior to any implementation of such a recall, market suspension, or market withdrawal, the responsible Party shall, to the extent practical, consult with the other Party and shall consider the other Party’s comments in good faith.
During the Term, Takeda shall have the initial right and obligation to Take the Lead with respect to Manufacturing of API for use in the creation of Drug Product for the Development and Commercialization of the Product in the Territory under the oversight of the JMC and, with respect to Commercialization in the Ovid Territory, pursuant to the Commercial Supply Agreement.
Except with the prior written consent of Ovid, Licensee shall not obtain a license to any Third Party Patent or Know-How that is necessary to Develop, make, have made, use, sell, offer for sale, or import the Products in the Ovid Territory.
Takeda shall be responsible for Finished Manufacture and Packaging of Drug Product for use in the Takeda Territory and Ovid shall be responsible for Finished Manufacture and Packaging of Drug Product for use in the Ovid Territory, in each case, under the oversight of the JMC, and pursuant to the Manufacturing Plan.