Examples of Products of Licensee in a sentence
The licenses granted to Licensee in Section 2.01 include the right to grant sublicenses to customers of the SpinCo Group in connection with Commercialization of the Licensed Products of Licensee and the SpinCo Group in the ordinary course of business, in each case solely for the benefit of the SpinCo Business; provided, that Licensee ensures that the terms of any such sublicense are consistent with the terms of this Agreement and any such sublicensee complies with such sublicense.
Notwithstanding Section 5.2 above, interaction with the regulatory agencies in any country, including, without limitation the FDA, concerning Wet Electrode Products of Licensee in the Field of Use shall be exclusively conducted by Licensee and Licensee shall be the official company sponsor.
Upon receipt of such notification, CPDA, at its option, may terminate or suspend the license for any or all Products of Licensee governed by this Agreement, and may pursue additionally and cumulatively any other legal or equitable rights or remedies available under this Agreement or otherwise.
If Licensee defaults in any of its obligations under this Agreement, CPDA may, in addition to any other cumulative legal or equitable rights it may have, immediately terminate or suspend the license granted hereunder for any or all Products of Licensee, whether or not such Products are affected by such default.
Notwithstanding Section 5.2 above, interaction with the regulatory agencies in any country, including, without limitation the FDA, concerning Licensed Products of Licensee or its Affiliates in the Field of Use shall be exclusively conducted by Licensee and Licensee shall be the official company sponsor.
As long as Licensee’s VST Products including such under prior Agreements all together are used by less than 1000 persons and if less than 500 items of VST Products of Licensee exist Li- censee is not under the obligation of §3.k.
Upon such termination or expiration the parties hereto shall jointly immediately cause physical inventories to be taken of (a) Licensed Products of Licensee on hand (including Licensed Products in the process of manufacture on hand and for which orders have been placed that cannot be canceled without penalty.
Licensee hereby grants Buzz Off a security interest in all Raw Products and Products of Licensee in Buzz Off's possession to secure all amounts owed by Licensee to Buzz Off.
The royalty will remain fixed while this Agreement is in effect at the rate of [***] of the Net Sales of Products of Licensee and its sublicensees.
For so long as this Agreement is in effect, Licensee hereby grants to Licensor, and Licensor hereby accepts, a limited, irrevocable, non-exclusive, royalty-free license to use and display the trademarks and images of the Products of Licensee on Licensor's websites, social media channels and in Licensor's marketing and promotional materials, solely for the purpose of Licensor promoting its own trademarks, products and services.