Scios Agreement definition
Examples of Scios Agreement in a sentence
For purposes of this Agreement, “Material Contract” means (i) the OEM Supply Agreement, (ii) the Scios Agreement, and (iii) any other Contracts included within the Purchased Assets or under which there exists Assumed Liabilities with a customer of the Business, including distributors, which provided for aggregate payments to the Asset Seller Entities related to the Business of more than $500,000 during the fiscal year ended December 31, 2016.
GenVec further represents and warrants to Warner that it has delivered to Warner a copy of the Scios Agreement and no oral agreements or other arrangements exist between Scios and GenVec which supersede any of the terms of any such written agreement, and that as of the Effective Date such Scios Agreement is in full force and effect and neither party to such agreement is in default thereunder.
GenVec shall be responsible for the payment of all license fees, milestone payments and other payments due to Scios under the Scios Agreement with respect to the development, manufacture, use or sale of Collaboration Products in the Territory.
In the event that it is necessary to acquire a license from a Third Party with regard to intellectual property or technology necessary or useful for the conduct of the Research Program (other than the Scios Agreement), Warner shall be responsible for paying to such Third Party all amounts due with regard to such a license, and for the expenses of negotiating and preparing any such license.
At the time of remittance of each payment described in this Article, ROCHE shall provide GENENTECH with a statement summarizing the Net Sales of the Product in each of country outside the United States in the reporting currency of each such country and the rate used to convert from each such country's currency to Swiss Francs and, in the case of the Scios Agreement and IDEC Agreement, with such other information as those Agreements require of GENENTECH.
GenVec further represents and warrants to Warner that it has delivered to Warner a copy of the Scios Agreement and no oral agreements or other arrangements exist between Scios and GenVec which supersede any of [*] CERTAIN INFORMATION ON THIS PAGE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION.
GenVec shall be responsible for the ----------------------- payment of all license fees, milestone payments and other payments due to Scios under the Scios Agreement with respect to the development, manufacture, use or sale of Collaboration Products in the Territory.
In the event that it is necessary to ---------------------- acquire a license from a Third Party with regard to intellectual property or technology necessary or useful for the conduct of the Research Program (other than the Scios Agreement), Warner shall be responsible for paying to such Third Party all amounts due with regard to such a license, and for the expenses of negotiating and preparing any such license.