GTC Patent Rights
GTC Patent Rights. Means Patent Rights that are either (i) assigned solely to GTC, (ii) assigned jointly to GTC and an Affiliate of GTC or a Third Party, or (iii) licensed to GTC, in each case to the extent that GTC has the ability to license or sublicense all rights reasonably required in connection therewith in order to engage in any activities contemplated under this Agreement without payment of valuable consideration to any other Third Party.
GTC Patent Rights. Any and all patents and patent applications in the field of cloning technology, including methods of doing business with respect to cloning technology, owned or licensed by GTC in which GTC has a licensable interest and which exist as of the Effective Date or which come into existence during the term of this Agreement, together with reissues, extensions (or other governmental acts which effectively extend the -3- period of exclusivity by the patent...
View More
All Definitions
Found in
rEVO Biologics, Inc. contract