Examples of Royalty Products in a sentence
The report will include an outline of the status of any such Royalty Products in clinical trials and the existence of any sublicenses with respect to such Royalty Products which have not been previously disclosed.
The Strategic Director, Regeneration reported the receipt of a late letter of support from the Council’s Department of Adult Services.
Upon conclusion of such litigation, the Royalties due on those Royalty Products sold during the period in which the litigation was on-going, shall be re-calculated (based on the final outcome of the patent position, status of Regulatory Exclusivity available and Know-How Period as at the conclusion of the litigation) and the funds held in escrow shall be distributed according to such re-calculation.
CPI has no obligation to pay royalties (and, although SVI will not be obligated to refund any royalties already paid, CPI will have the right to offset in future royalty payments the amounts of royalties already paid) on sales of Royalty Products that are later returned, rejected or recalled.
Furthermore, such right shall also include the right to have Existing Venture Royalty Products designed and developed by a third Person for the manufacture, use, sale or lease by Existing Venture Companies, provided such third Person is not a Competing Company.