Transitional Rights definition

Transitional Rights means, on a country-by-country basis, the rights retained by ALZA under Section 4.3 to develop, have developed, manufacture, have manufactured, distribute, have distributed, sell, offer for sale, import and export Agreement Product during the Country Transfer Transition Period, and if applicable, the Regulatory Transfer Transition Period in such country.
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Transitional Rights means the continued production, broadcasting or publication of advertisements utilizing the Customer-Based Intangible Assets under contracts exiting as of the earlier of the notice of termination of the license or the effective date of the termination of the license. The duration of such contracts shall not extend beyond the terms which are reasonable and customary in the industry and a Licensed Delaership shall not exercise any renewal rights or options to extend after such notice or termination.
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Examples of Transitional Rights in a sentence

  • If the license granted pursuant to this Section 3.1 to a Licensed Dealership is terminated for any reason, such Licensed Dealership will have no further right or license to use the Customer-Base Intangible Assets except for Transitional Rights (as defined in paragraph (e) of Section 3.3, below) or unless there is a future grant of a license to such Licensed Dealership pursuant to Section 3.2 below.

  • If any license granted pursuant to this Section 3.2 is terminated for any reason, such Licensed Dealership will have no further right or license to use the Customer-Based Intangible Assets except for Transitional Rights (as defined in paragraph (e) of Section 3.3, below).

  • This Covenant Not to ▇▇▇ shall run with any assignment by FURIEX or GENUPRO of its interest in this Agreement or transfer of GENUPRO’s Product Rights (as may remain subject to any Transitional Rights retained by ALZA hereunder), and shall bind any assignee or other person or entity to which FURIEX or GENUPRO, jointly or severally, may convey an interest hereunder.

  • For the avoidance of doubt, this Covenant Not to ▇▇▇ shall not extend to any cause of action that may be brought by FURIEX or GENUPRO alleging ALZA’s breach of the terms of this Agreement, or to any patent infringement claim that may be brought by FURIEX or GENUPRO after termination of the license rights and Transitional Rights of ALZA hereunder alleging ALZA’s infringement of any GENUPRO Patents occurring after any such termination.