Royalty Right Term definition

Royalty Right Term means the period commencing on the First Sale Date and ending on the last day of the calendar quarter in which the eighth anniversary of the First Sale Date occurs.
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Royalty Right Term means the period commencing on the First Contract Date and ending on the last day of the calendar quarter in which the eighth anniversary of the First Contract Date occurs.
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Royalty Right Term means the period commencing on the First Sale Date and ending on December 31, 2020.
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More Definitions of Royalty Right Term

Royalty Right Term means the period commencing on {FOR USE ONLY IN FIRST CLOSING DATE AGREEMENT:July 1, 2016}{FOR USE ONLY IN SECOND CLOSING DATE AGREEMENT:the First Sale Date} and ending on {FOR USE ONLY IN FIRST CLOSING DATE AGREEMENT:(a) December 31, 2019 if ARYMO ER™ has not been approved by the FDA on or before the Required Approval Date or (b) December 31, 2020 if ARYMO ER™ has been approved by the FDA on or before the Required Approval Date}{FOR USE ONLY IN SECOND CLOSING DATE AGREEMENT:December 31, 2020}.
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Royalty Right Term means (i) with respect to ANAPHYLM™, the period commencing on the earlier of the ANAPHYLM™ First Sale Date and the LIBERVANT™ First Sale Date and ending on the eighth anniversary of the ANAPHYLM™ First Sale Date, and (ii) with respect to LIBERVANT™, the period commencing on the earlier of the ANAPHYLM™ First Sale Date and the LIBERVANT™ First Sale Date and ending on the date that is the earlier of the ANAPHYLM™ First Sale Date and the eighth anniversary of the LIBERVANT™ First Sale Date.
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Related to Royalty Right Term

  • License Term means the duration of a License as specified in the Order.

  • Royalty Period means the partial calendar quarter commencing on the date on which the first Licensed Product is sold or used and every complete or partial calendar quarter thereafter during which either (a) this Agreement remains in effect or (b) Company has the right to complete and sell work-in-progress and inventory of Licensed Products pursuant to Section 8.5.

  • Royalty Term means, on a country-by-country basis, the period commencing on the First Commercial Sale of a Licensed Product in a country and ending on the latest of (a) ** thereafter, (b) expiration of the last-to-expire Valid Claim of a Licensed Patent that Covers the composition of matter of the Licensed Product in the country in which it is sold, or (c) the expiration of all Regulatory Exclusivity Rights with respect to such Licensed Product in the country in which it is sold.

  • License Period means the period beginning from the Commencement Date and ending on the Termination Date.

  • 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.

  • Licensed IP Rights means, collectively, the Licensed Patent Rights and the Licensed Know-How Rights.

  • License Key means a unique key-code that enables Licensee to run Software subject to the obtained User Pack.

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

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

  • Licensee Know-How means all Know-How that is owned or Controlled by Licensee or its Affiliates after the Effective Date and is necessary in the research, Development, manufacture, use, or Commercialization of the Licensed Products.

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

  • Licensed Know-How means any and all unpatented and/or non-patentable technical data, documents, materials, samples and other information and know‐how that is Controlled by LICENSOR or any of its Affiliates as of the Effective Date or thereafter during the Term that relates to, or is otherwise reasonably necessary or reasonably useful for, the use, Development, manufacture, or Commercialization of the Product. Licensed Know-How shall not include Licensed Patents.

  • Sublicense means any agreement to Sublicense.

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Royalty means an interest in an oil and gas lease that gives the owner of the interest the right to receive a portion of the production from the leased acreage (or of the proceeds of the sale thereof), but generally does not require the owner to pay any portion of the costs of drilling or operating the wells on the leased acreage.

  • Collaboration IP means Collaboration Know-How and Collaboration Patents.

  • Sublicense Fees shall have the meaning set forth in Section 7.3 below.

  • Licensed Patents means (a) all United States patents and patent applications listed in Exhibit A, as modified pursuant to Section 2.6.1, including patents arising from such patent applications; and (b) any re-examination certificates thereof, and their foreign counterparts and extensions, continuations, divisionals, and re-issue applications; provided that “Licensed Patents” will not include any claim of a patent or patent application covering any Manufacturing Technology.

  • Licensed Field of Use means all fields.

  • Background IP means all IP and IP Rights owned or controlled by Seller prior to the effective date or outside the scope of this Contract.

  • Licensed Patent Rights means: (a) Patent applications (including provisional patent applications and PCT patent applications) or patents listed in Appendix A, all divisions and continuations of these applications, all patents issuing from these applications, divisions, and continuations, and any reissues, reexaminations, and extensions of these patents; (b) to the extent that the following contain one or more claims directed to the invention or inventions disclosed in 2.9(a): (i) continuations-in-part of 2.9(a); (ii) all divisions and continuations of these continuations-in-part; (iii) all patents issuing from these continuations-in-part, divisions, and continuations; (iv) priority patent application(s) of 2.9(a); and (v) any reissues, reexaminations, and extensions of these patents; (c) to the extent that the following contain one or more claims directed to the invention or inventions disclosed in 2.9(a): all counterpart foreign and U.S. patent applications and patents to 2.9(a) and 2.9(b), including those listed in Appendix A; and (d) Licensed Patent Rights shall not include 2.9(b) or 2.9(c) to the extent that they contain one or more claims directed to new matter which is not the subject matter disclosed in 2.9(a).

  • Field of Use means all fields of use.

  • 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 to which the Company or any Company Subsidiary otherwise has a right to use.

  • Foreground IP means IP and IP Rights conceived, developed or created by, for or with Seller either alone or with third parties, in the performance of this Contract, including modifications to any Buyer Specification suggested by Seller.

  • Foreground IPR means any and all Intellectual Property Rights generated individually by either of the Parties or by jointly both of the Parties in the execution of the Contract.

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