Sublicense to a Third Party Sample Clauses

Sublicense to a Third Party. The issuing of a sublicense by MEMBER to a third party to use any patented invention or copyrighted material developed under the auspices of the ▇▇.▇▇▇▇▇▇▇, INC will be subject to a royalty bearing license agreement to be negotiated with the appropriate ▇▇.▇▇▇▇▇▇▇, INC. Use of Patented Inventions or Copyrighted Materials by JAYNSTEIN LLC - JAYNSTEIN LLC shall be free at all times to use patented inventions or copyrighted materials for educational and JAYNSTEIN LLC research purposes only. Reasonable Commercialization Efforts - Because of the public interest that pervades JAYNSTEIN LLC research programs, any license entered into by JAYNSTEIN LLC will embody a clause permitting cancellations thereof if reasonable commercial use of the licensed invention or copyrighted material is not being made or diligently attempted by the licensee. Publication of Research Results - Publication of ▇▇.▇▇▇▇▇▇▇, INC created research results is of fundamental importance to universities, faculty members and their research programs. Therefore, JAYNSTEIN LLC reserves the right to publish in scientific journals the results of all research performed at the ▇▇.▇▇▇▇▇▇▇, INC (excluding proprietary information received from MEMBERS), giving due consideration to scheduling such publications in order to allow time for obtaining appropriate patent or copyright protection for any patentable invention or copyrightable materials that might result from the research. JAYNSTEIN LLC agrees to provide a copy of all experimental data resulting from research in ▇▇.▇▇▇▇▇▇▇, INC program to MEMBER representatives on the IÆB for review prior to publication. MEMBER may request delay of the proposed publication of said data for a period not to exceed 90 days from the date of submission or presentation to MEMBER. MEMBER agrees to request said delay only in order to permit the filing of appropriate documents (i.e., patent application, copyright registration, etc.) on any patentable invention or copyrightable materials made by ▇▇.▇▇▇▇▇▇▇, INC, and MEMBER must make said request in writing, including justification thereof, within 30 days from the date the experimental data was presented or transmitted to MEMBER. Should the proposed publication be a student thesis or dissertation, JAYNSTEIN LLC and MEMBER hereby agree to use their best efforts to complete all reviews of material contained therein and any necessary intellectual property protection filings so as to not impede the completion of activities satisfyi...

Related to Sublicense to a Third Party

  • Sublicenses Acorda and its Affiliates shall have the right to grant sublicenses to Third Parties under any or all of their license rights in the Licensed Patents granted in Section 2.1, provided that: (a) the pricing of all Licensed Products that may be sold by Acorda or its Affiliate to any such sublicensee shall be determined on an “arm’s length basis” and on a bona fide basis for the purpose of maximizing the revenue; (b) each such sublicense shall include obligations on the sublicensee that are consistent with the obligations made on Acorda and its Affiliates and agents and sub-contractors under this Agreement (e.g., each such sublicense will include an obligation on the sublicensee to indemnify Acorda and its Affiliates for any losses resulting from claims brought by a third party arising in connection with any personal injury and property damage caused by the manufacture, testing, design, use, Sale or labeling of any Licensed Products by such sublicensee); (c) each such sublicense shall be memorialized in a written agreement with the sublicensee, a copy of which agreement shall be delivered to each of the Institutions within sixty (60) days of said sublicense becoming effective; (d) each such sublicense shall terminate automatically on the termination of this Agreement for any reason whatsoever and in such circumstances the Institutions shall grant the sublicensee a direct license to the same extent wherein the financial terms shall be substantially equivalent to those of the sublicense, with all payments due under such direct license being payable directly to the Institutions; (e) each such sublicense shall provide that Acorda may terminate the sublicense if the sublicensee commences legal proceedings to challenge the validity of any of the Licensed Patents; and (f) Acorda and its Affiliates shall use best endeavors to enforce all payment obligations contained in each such sublicense.

  • Third Party Data Any statistical, industry-related and market-related data, which are included in the Disclosure Package and the Prospectus, is based on or derived from sources that the Company reasonably and in good faith believes to be reliable and accurate, and such data agrees with the sources from which it is derived, and the Company has obtained the written consent for the use of such data from such sources to the extent required.