UDC Patents definition

UDC Patents means all patents, the design patents and the utility models (a) issued/registered in any country or territory in the world as of the Effective Date; or (b) issued/registered from the patent applications filed before or during the Term subject to Section 2.2 below, which UDC and/or its Affiliates at anytime during the Term own (it being understood that any ownership transfer of such patents shall be subject to the license rights granted to SDC hereunder), or at any time during the Term have the right to grant license thereunder. Subject to Section 2.2, UDC Patents shall specifically include, without limitation, those patents, the design patents and the utility models, for which UDC and/or its Affiliates have obtained, or will obtain at anytime during the Term (including, without limitation, those patents acquired by UDC from FujiFilm Corporation in 2012 and BASF SE in 2016), and certain patents owned by third parties (“Third Party Patents”) under which UDC and/or its Affiliates have rights to grant sublicenses to SDC, subject to any applicable sublicensing terms in the agreements with such third parties and the terms of Exhibit D.
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Examples of UDC Patents in a sentence

  • Subject to the remaining provisions of this Article 2, UDC hereby grants to SDC a worldwide, non-exclusive and non-transferable (except in connection with a permitted transfer of this Agreement as a whole) license under the UDC Patents, solely to manufacture (including the right to practice methods, processes and procedures), have manufactured by its Permitted Sublicensees, sell, offer for sale, use, lease, import, distribute and otherwise dispose of Licensed Products.

  • UDC additionally represents and warrants to SDC that UDC owns or has sufficient rights in the UDC Patents to grant the licenses granted to SDC hereunder, including those patents it acquired from Fujifilm Corporation and BASF SE.

  • For clarification, the license granted under Section 2.1 does not include Phosphorescent Materials covered by the UDC Patents unless such materials are purchased from UDC and/or its Affiliates.

  • UDC acknowledges that it is responsible in its discretion for enforcing the UDC Patents and its other proprietary rights against other suppliers endeavoring to make or sell any such material without appropriate license rights from UDC, and that neither SDC nor its Permitted Sublicensees is responsible for such enforcement.

  • Except as may otherwise be expressly agreed to by the parties in writing, nothing in this Agreement shall be construed as authorizing or otherwise permitting SDC or its Permitted Sublicensees, or any third parties claiming through them, to practice under any UDC Patents for purposes of manufacturing Phosphorescent Materials or other OLED materials, or having Phosphorescent Materials or other OLED materials manufactured for them or on their behalf.

  • Except for the license rights expressly granted to SDC under this Article 2, all rights to practice under the UDC Patents are reserved unto UDC and its licensors.

  • Notwithstanding the foregoing, SDC may not assign or transfer this Agreement to a third party with whom UDC is then-engaged in litigation or other formal adversarial or dispute resolution proceedings respecting the UDC Patents.

  • Nothing herein shall be construed as a license by UDC, express or implied, for SDC, any Permitted Sublicensee or any third party to manufacture and/or sell to SDC, such Permitted Sublicensee or any other person or entity any Phosphorescent Material or other OLED material covered by the UDC Patents or in which UDC otherwise has a proprietary interest.

  • UDC may terminate this Agreement immediately on written notice if SDC or any of its Affiliates asserts or assists another in asserting, before any court, patent office or other governmental agency, that any of the UDC Patents, or their counterpart foreign patent applications, is invalid or unenforceable.

  • SDC hereby covenants not to assert or assist third-parties in asserting, and SDC shall ensure that its Permitted Sublicensees do not assert or assist third-parties in asserting, any of its or their patents claiming improvements, modifications or enhancements to the inventions described in the UDC Patents (“SDC Improvements”) against UDC or its Affiliates solely for their conduct of research and development activities.