Examples of Licensed Compound in a sentence
If following [*] there is a consecutive 24-month period during which Day One, its Affiliates and Sublicensees do not conduct any material Development or Commercialization activities with respect to any Licensed Compound or Licensed Product in or for any Major Market (the “Cessation Period”), then MabCare will have the right to terminate this Agreement pursuant to Section 11.3 (for clarity, subject to the cure period and resolution of any dispute with respect to such termination pursuant to Section 11.3).
Each Party shall promptly notify the other Party in writing [*] after receiving a notice of a claim or assertion that any Licensed Compound or Licensed Product, or any MabCare Technology, Day One Technology or Joint Foreground IP infringes or misappropriates any Third Party’s Patent Rights or other intellectual property rights in any country (“Third Party Infringement Claim”), [*].