Standby License definition
Examples of Standby License in a sentence
Following the Effective Time, each Commercialization Partner’s payment obligations under the Stand-by License Agreement shall be the same as TransTech’s payment obligations would have been hereunder if this Agreement had remained in effect and TransTech’s activities hereunder had been the same as those of such Commercialization Partner under the Stand-by License Agreement.
The Standby Agreements and Standby License shall apply only with respect to the particular Pump, Cassette or Accessory, as the case may be, that are subject to Supply Interruption.
Exhibit D TECHNOLOGY LICENSE AGREEMENT signed January 15, 2015 Exhibit A List of Licensed U.S. Patentsn Exhibit B Term Sheet for Lantern Pharmaceuticals - Irofulven Exhibit C Term Sheet for Lantern Pharmaceuticals - Analogs Exhibit E AFC OV Stand-by License Agreement signed February 8, 2016 Exhibit F Schedule of Payments The following is a list of ONCOLOGY VENTURE, APS (OV) payments to be made directly and in preference to AF Chemicals LLC (AFC) on behalf of Lantern Pharma, Inc.
In the event that DEBIOTECH contests the existence of the conditions entitling IMED to exercise such Standby License rights, DEBIOTECH shall have the right to submit that question to accelerated arbitration under Article 22.3 hereof and IMED's ability to exercise such rights shall be stayed until a final determination by such arbitrator.
MedImmune shall consider any such Standby License Request in good faith and shall provide Licensee with its decision as to whether MedImmune agrees to provide such Standby License within [***] from delivery of the applicable Standby License Request.
The parties agree that Pfizer, as licensee of intellectual property under this Stand-by License Agreement or the Pfizer License Agreement, shall retain and may fully exercise all of its rights and elections under the U.S. Bankruptcy Code.
In addition, in the event that MedImmune agrees to grant a Standby License to any Sublicensee with respect to a country other than the U.S., a country in the EU Market or China, then upon entering into such agreement, such agreement shall also be referred to as a Surviving Sublicense for purposes of this Agreement.
All rights and licenses granted under or pursuant to this Stand-by License Agreement by ABT are, and shall otherwise be deemed to be, for purposes of Section 365(n) of the U.S. Bankruptcy Code, licenses of rights to “intellectual property” as defined under Section 101 of the U.S. Bankruptcy Code.
In the event the Standby License shall become effective, Pfizer shall have the right to [ * ].
Toko, Syros and TMRC have executed this Consent and Stand-by License Agreement as of the Effective Date.