Exploitation Agreements definition
Examples of Exploitation Agreements in a sentence
Managing Party shall be the only signatory, along with the respective contracting third party, of the Exploitation Agreements.
Parties ▇▇▇▇▇ ▇▇ and SU the right to act as the Managing Party, to negotiate on their behalf all commercialization rights to use or exploit the Software, Exploitation Agreements or amendments thereto as outlined in 4.2(i).
Parties shall keep each other reasonably informed of any of their policies (including specific terms about exploitation) and research sponsor requirements (collectively “Exploitation Requirements”) that must be recognized in Exploitation Agreements.
MEI shall promptly deliver to CMX, upon MEI's receipt of same, complete and accurate copies of all accountings and evidence of payment received by or on behalf of MEI (and/or the Collection Account) with respect to any Exploitation Agreements, including, but not limited to, all third party accounting statements, checks, wire transfer notice or other remittance notice in any way relating to any Exploitation Agreements or otherwise relating to the Picture.
MEI does not guarantee the performance of any Exploitation Agreement, and shall not be liable or responsible to CMX for failure to collect any amount becoming payable under the terms of any Exploitation Agreements, but MEI will use commercially reasonable efforts to enforce all Exploitation Agreement and collect all sums due thereunder .
Each Party’s rights and obligations under clause 8.2.3 are subject to any rights and obligations of third parties relating to the Enforcement Action under Exploitation Agreements.
TERM AND TERMINATION This Agreement is in full force and effect from the Effective Date and remains in effect until the later of either: the date of expiration of the last of any granted patents within the IPRs; or the last date of expiration of any Exploitation Agreements; or on termination in terms of clause 15.2 of this Agreement.
The Lead Party agrees to maintain appropriate, true and accurate records, in accordance with generally accepted management accounting practices, of: prosecution and maintenance of the IPR’s; Commercialisation Income; Commercialisation Costs; Exploitation Agreements; and to make these records available for review by the Supporting Party, at the Lead Party’s facilities, once per annum upon a request made on reasonable notice.
Seller shall have transferred legal ownership to Buyer in and to all Physical Properties owned by Seller, subject to lab access letters in favor of third parties pursuant to Existing Exploitation Agreements ("OWNED ELEMENTS").
As soon as reasonably possible after the Closing, Seller shall execute and deliver to Buyer notices to all account debtors pursuant to the Existing Exploitation Agreements or any other agreement listed on Exhibit B in the form attached hereto as Exhibit 5.7 ("Account Notices").