Examples of UC License in a sentence
Erasca will not notify such infringer regarding such potential Infringement until receiving Katmai’s written permission, which permission will be subject to the terms and conditions of the UC License Agreement and otherwise will not be unreasonably withheld.
For clarity, and subject to the provisions of the UC License Agreement, a sublicense granted to an Affiliate of Erasca, or to independent contractors acting on behalf of Erasca or its Sublicensees[***],.
Notwithstanding anything else herein to the contrary, on a country-by-country basis and Licensed Product-by-Licensed Product basis, in no event will the applicable royalty otherwise due to Katmai in a calendar quarter be less than, or reduced to, an effective royalty rate that is less than [***] ([***] %) percentage points greater than the corresponding effective rate payable for such Net Sales in such country in such calendar quarter by Katmai to the UC under the UC License Agreement.
PACKARD shall exercise reasonable diligence to market AURORA UC REAGENTS hereunder and, for so long as the sublicense remains exclusive, agrees to pay to AURORA *** royalties according to the following schedule: *** Such amounts shall be paid on the applicable anniversary of the UC License Effective Date, and shall be fully creditable against running royalties due in the year such minimum annual royalty payment is made.
It is not in material breach of, and this Agreement will not result in any material breach of the UC License and/or the *** .
Provided however, Schering's deduction from royalties due for Collateral's payments to such reserve in any one calendar year cannot be greater than one-half of the result of (a) the total royalty due Collateral under Section 8.2 less (b) the royalty due pursuant to the UC License.
The rights of the Parties set forth in Section 7.3.2 shall be subject the rights of UC under the UC License with respect to Chimerix Patent Rights Controlled by Chimerix through the UC License (the “Chimerix/UC Patent Rights”).
Subject to the terms of the UC License, Chimerix agrees to keep Merck advised of the status of the actual and prospective patent filings within such Chimerix/UC Patent Rights and shall provide copies of all relevant documentation relating to the prosecution thereof, upon Chimerix’s receipt of the same from UC.
As of the Effective Date and through the end of the Royalty Term, Collateral has not and will not grant any assignments, licenses or sublicenses or otherwise transfer to Third Parties, Collateral Base Technology, Developed Technology or the UC License in a manner inconsistent with this Agreement.
Chimerix shall promptly inform Merck in the event that Chimerix elects not to initiate, prosecute and/or respond to any interference, opposition, invalidation, reissue or reexamination relating to Chimerix Patent Rights, and in such case, subject to the rights of UC under the UC License with respect to the Chimerix/UC Patent Rights, Merck shall have the right to do so (in Merck’s discretion), at its cost and expense.