Joint Entity definition
Examples of Joint Entity in a sentence
Except for the rights expressly granted to the Joint Entity under the terms of this Agreement, Party B reserves the right to use the Licensed Technology.
The Licensing is the sole and exclusive license within the Licensed Territory and the Licensed Area, except for the Joint Entity, no third party (including Party B) has the right to use the Licensed Technology within the Licensed Territory since the effective date of the Licensing.
Under the technical guidance of Party C, Party A shall provide necessary facilities to the Joint Entity or Party C (if applicable).
The Licensing shall be effective as of the date of the Ii-Key Innovative Vaccine Development Agreement and is perpetual and will not be revoked or terminated except for the material breach by the Joint Entity.
Subject to other provisions of this Agreement, the licensing is (a) if Party B owns or is entitled to exclusive licensing of the licensed patent rights and know-how, then Party B will grant an exclusive licensing of such licensed patent rights and know-how to the Joint Entity, and (b) if Party B is entitled to non-exclusive licensing of the licensed patent rights and know-how, then Party B will grant such licensed patent rights and know-how to the Joint Entity on a non-exclusive basis.
Party C is not responsible for capital investment and does not assume any debts to the establishment of the Joint Entity.
When a City designated holiday falls during a scheduled vacation, it is not counted as a vacation day.
Party B, owns patents and technologies related to Ii-Key peptide vaccine, and is responsible for providing technology, clinical data, patents and other exclusive rights to the Joint Entity.
The formula is as follows: Example: Registered Voters in County - 135,000 Registered Voters in Joint Entity A - 100,000 Registered Voters in Joint Entity B - 20,000 135,000/255,000= 100,000/255,000= 20,000/255,000= 52.94% of total cost 39.23% of total cost 7.84% of total cost Aggregate Registered Voters - 255,000 $1,000 dollar minimum cost for elections that don't exceed that total.
These facilities will include laboratories for Ii-Key peptide vaccine synthesis, analysis, in vivo testing, and phase I, phase II and phase III clinical research Party B hereby authorizes the Joint Entity to use Party B's Technology as listed in Exhibit B for the research, development and commercialization of products and technology in China according to this Agreement, see Exhibit A for details of the authorization.