Primary Licensed Product definition

Primary Licensed Product means any product that contains the Product whether or not as the sole active ingredient.
View Source
Primary Licensed Product means any therapeutic product that is an ActRIIa Product the use, sale or practice of which is covered by a Valid Claim included in the Patent Rights.
View Source
Primary Licensed Product means any product that contains the Product, whether or not as the sole active ingredient; provided that if the Company discontinues development of the Product, “Primary Licensed Product” shall be deemed to mean any product that contains the Related Product, whether or not as the sole active ingredient, as designated by the Company in accordance with Clause 4.8.
View Source

Examples of Primary Licensed Product in a sentence

  • Notwithstanding the foregoing, Licensee shall have the right to grant sublicenses to all of the rights granted under Section 2.1 (b) if such sublicense is in connection with a sublicense of a Primary Licensed Product (including a Primary Licensed Product that subsequently becomes a Secondary Licensed Product) or in connection with a sublicense of a Secondary Licensed Product that is first discovered or identified by Licensee.

  • The Company shall also identify in the Alternative Summary its preference for the Alternative that it wishes to substitute as the Primary Licensed Product and the reasons for that choice.

  • Notwithstanding the foregoing, Licensee shall have the right to grant sublicenses to all of the rights granted under Section 2.1(b) if such sublicense is in connection with a sublicense of a Primary Licensed Product (including a Primary Licensed Product that subsequently becomes a Secondary Licensed Product) or in connection with a sublicense of a Secondary Licensed Product that is first discovered or identified by Licensee.

  • Upon such notification, such replacement Related Product shall be deemed the Primary Licensed Product for the purposes of this Agreement.

  • Payments under Clause 4.2 are payable one-time only and any Milestone Payment paid in respect of a discontinued Primary Licensed Product shall not be payable in respect of any replacement Primary Licensed Product.