Examples of Stanford License in a sentence
In the event the 1996 Stanford License Agreement is terminated, Genentech’s rights and obligations as a sublicensee of Curis under the 1996 Stanford License shall become rights and obligations of Genentech as if Genentech were the direct licensee under the 1996 Stanford License.
Under the terms of the Stanford License, the Company is required to pay an annual license maintenance fee, six milestone payments and royalties in the low single digits of net sales of products incorporating the licensed technology.
In connection with the amendment of the Stanford License Agreements, Medicenna paid a US$150,000 fee to Leland Stanford Junior University.The Company has entered into various license agreements with respect to accessing patented technology.
Without limiting the foregoing, Company shall keep Newco informed as to Company’ communications with Stanford that may affect Newco’s rights or obligations hereunder, and to the extent that Newco obtains Stanford’s agreement to modify, amend, or otherwise alter or waive any performance, obligation, or provision of the Stanford License as it applies to Newco, Company agrees to take such actions and execute such documents as Newco may reasonably request in writing to effect the same.
Company agrees to cooperate with Newco as reasonably requested in writing by Newco, to extend and make available to Newco any rights and/or benefits available under the Stanford License, to the extent applicable to the rights granted to Newco hereunder.