Examples of Scripps License in a sentence
The parties hereto acknowledge that the parties may enter into multiple license agreements with respect to technologies arising out of the Research Agreement, including this Agreement (collectively, the "Scripps License Agreements") pursuant to which Licensee will owe royalties and milestone payments.
Notwithstanding anything herein to the contrary, with respect to any unit of Licensed Product only a single royalty shall be due to Scripps at the highest applicable rate for such unit regardless if such Licensed Product is covered by more than one Valid Claim or would be a Licensed Product under more than one Scripps License Agreement.
Ambrx represents and warrants to Agensys that it has provided to Agensys in writing prior to the Effective Date a true, correct and complete copy of the Scripps License, and such copy includes any and all amendments, restatements, side letters, or other modifications thereto, as the Scripps License is in effect as of the Effective Date.
For the purposes of clarity, Ambrx (and not Agensys) shall be responsible for all of the financial and other obligations of Ambrx (and/or any of its Affiliates) to the counterparty under the Scripps License, including any and all financial obligations to such counterparty with respect to Net Sales of Agensys and its Related Parties.
The Company does not owe any compensation or remuneration (other than the general compensation for employment or services) to any Seller or any current or former employee, officer, director, consultant, contractor, scientist or inventor for any Owned Intellectual Property other than under the Assignment Agreement or the Opko Scripps License Agreement.
Each party hereby represents and warrants that such party is duly authorized to execute and deliver this Agreement and to perform its obligations hereunder, subject to the written consent of Scripps Clinic and Research Foundation to the assignment of the Scripps License Agreement from CORVAS to OCD pursuant to Section 2.3.
To Encarta’s knowledge, Encarta is not currently in material breach (or will not be in material breach upon the Closing of the transactions contemplated by the Purchase Agreement) of any of its obligations under the Scripps License Agreement.
To the extent reasonably possible and, with respect to the Scripps Patents, only to the extent Cempra has the following rights (and Scripps has any corresponding obligation) under the Scripps License, Cempra shall provide prior written notice to Toyama within [*] Calendar Days of Cempra’s initial decision to abandon any Cempra Patent in the Territory, or any claim contained therein, to the extent Covering any Licensed Product in the Field in the Territory.
Within thirty (30) Calendar Days of Cempra’s provision of any royalty report to Scripps under the Scripps License that relates to the payment of royalties to Scripps with respect to Toyama’s or Sublicensees’ sales of Licensed Products in the Territory, Cempra shall provide Toyama a copy of the portion of such report related to sales of Licensed Products under this Agreement and confirm the amount of Cempra’s corresponding royalty payments to Scripps with respect thereto.
Cempra shall also be entitled to disclose in confidence this Agreement and any Confidential Information of Toyama to Scripps or Optimer as necessary to comply with Cempra’s obligations under the Scripps License or Optimer License.