Examples of Third Party Patent License in a sentence
It is understood, agreed and acknowledged that Adimab’s allowing Arsanis to claim the credit of this Section 4.3(b) (Adjustments for Third Party IP) as to any particular Third Party Patent License: (i) does not mean Adimab believes that the licensed Patents of the Third Party were infringed by or Cover any aspect of the discovery or optimization work by Adimab; and (ii) is not, will not be, and shall not be under any circumstances construed as an admission of any kind.
It is understood, agreed and acknowledged that Adimab’ s allowing Surface to claim the credit of this Section 4.6 as to any particular Third Party Patent License: [***] CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT WERE OMITTED AND REPLACED WITH “[***]”.
Enzon will: (a) notify NatImmune of any decision by Enzon to obtain any Third Party Patent License, and will consult with NatImmune regarding the need for and the terms of any such Third Party Patent License prior to entering into any such Third Party Patent License, and (b) provide NatImmune with a copy of any such Third Party Patent License promptly after entering into such license.
It is understood, agreed and acknowledged that Adimab’s allowing Surface to claim the credit of this Section 4.6 as to any particular Third Party Patent License: [***].
In the event that such negotiation results in a consummated agreement, then any lump sum payment made thereunder shall be paid by Schering [Information omitted and filed separately with the Commission under Rule 24b-2.] Any royalty payments to be made by Schering under such Third Party Patent License shall be offset against any royalties due Sparta in accordance with Section 3.2. Any unused amounts not so offset can be carried over to subsequent quarters.
In the event that QBI develops an Additional QBI Product that is [*], then (i) the royalty stacking provision mentioned in the previous paragraph above of this section 3.6.5 of the Amendment and also any other royalty stacking provision shall [*]; (ii) QBI may enter into a Third Party Patent License [*] that requires such Third Party License as [*] of a [*] AtuRNAi or an Additional QBI Product including a [*] AtuRNAi. In such event any royalties paid to such third party shall [*].
It is understood, agreed and acknowledged that Xxxxxx’s allowing Surface to claim the credit of this Section 4.6 as to any particular Third Party Patent License: [***].
By way of example and for avoidance of doubt, if Schering is obligated to pay Zonagen a *** royalty on certain Net Sales of a Schering Combination Product, and is also obligated to pay a *** royalty on the same Net Sales of the same Schering Combination Product under a Third Party Patent License because of the inclusion of the Licensed Compound or Licensed Product or the use of Zonagen Know-How in such Schering Combination Product, then the royalty rate under this Agreement would be reduced by *** to ***.
It is understood, agreed and acknowledged that Adimab’s allowing Adagio to claim the credit of this Section 4.2(b) (Adjustments for Third Party IP) as to any particular Third Party Patent License: (i) does not mean Adimab believes that the licensed Patents of the Third Party were infringed by or Cover any aspect of the discovery or optimization work byAdimab; and (ii) is not, will not be, and shall not be under any circumstances construed as an admission of any kind.
It is understood, agreed and acknowledged that Adimab’s allowing Adagio to claim the credit of this Section 4.2(b) (Adjustments for Third Party IP) as to any particular Third Party Patent License: (i) does not mean Adimab believes that the licensed Patents of the Third Party were infringed by or Cover any aspect of the discovery or optimization work by Adimab; and (ii) is not, will not be, and shall not be under any circumstances construed as an admission of any kind.