the action of exploiting or turning to account; productive working or profitable management (of mines, cattle, etc.); also instance of this
refers to any use of the licensed technology in particular in the production,active or passive sales in a territory even if not coupled with manufacture in that territory, or leasing of the licensed products
Products taken from the sea-bed or beneath the sea-bed outside territorial waters, if that country has, for the purposes of exploitation, exclusive rights to such soil or subsoil.