EMulate Technology definition
Examples of EMulate Technology in a sentence
EMulate owns and will retain all rights, title, and interests in and to the EMulate Technology.
Subject to the terms and conditions of this Agreement, EMulate hereby grants to Hapbee an exclusive, royalty-bearing license under the EMulate Technology to use, sell, offer for sale, lease, rent, import, and otherwise Commercialize the Authorized Product in the Field in the Territory during the Term.
EMulate is not aware of any activities by Third Parties that constitute infringement or misappropriation of the EMulate Technology within the Territory.
The EMulate Technology and the import, sale, lease, rental, or use of the Authorized Product in the Territory does not and will not infringe any intellectual property rights of any Third Party existing as of the Effective Date.
EMulate has sufficient legal and/or beneficial title, ownership, or license, free and clear from any mortgages, pledges, liens, security interests, conditional and installment sale, lease, rental agreements, encumbrances, charges or claims of any kind, of the EMulate Technology to grant the licenses to Hapbee as purported to be granted pursuant to this Agreement.
In addition, subject to the terms and conditions of this Agreement, EMulate hereby grants to Hapbee an exclusive, royalty-bearing license under the EMulate Technology to ship, label and package Authorized Product for use in the Field in the Territory.
Hapbee desires to obtain from EMulate certain exclusive rights and licenses to develop, use, import, and commercialize a product using the EMulate Technology (as defined herein), which product will be designed to emulate the biological activity associated with one or more of those molecules identified to the Cognate (as defined herein), and EMulate is willing to grant to Hapbee such rights and licenses, all on the terms and conditions set forth in this Agreement.
If an Hapbee Sole Invention or a Joint Invention covers or is related to any Cognate (collectively, the “Cognate Inventions”), such Cognate Inventions will be owned solely by EMulate, and Hapbee will and hereby does assign to EMulate its right and interest in such Cognate Inventions and such assigned Cognate Inventions will be included in the EMulate Technology licensed to Hapbee pursuant to Section 2.1(a).
Hapbee desires to obtain from EMulate certain exclusive rights and licenses to develop, use, import, and commercialize a product using the EMulate Technology (as defined herein), which product will be designed to emulate the biological activity associated with those molecules identified to the Cognates (as defined herein), and EMulate is willing to grant to Hapbee such rights and licenses, all on the terms and conditions set forth in this Agreement.
If an Hapbee Sole Invention or a Joint Invention covers or is related to the Cognate (collectively, the “Cognate Inventions”), such Cognate Inventions will be owned solely by EMulate, and Hapbee will and hereby does assign to EMulate its right and interest in such Cognate Inventions and such assigned Cognate Inventions will be included in the EMulate Technology licensed to Hapbee pursuant to Section 2.1(a).