Common use of Development and Commercialization License Clause in Contracts

Development and Commercialization License. Subject to the terms of this Agreement, HMI hereby grants to NVS and its Affiliates an exclusive, royalty-bearing license (with the right to grant sublicenses through multiple tiers in accordance with Section 4.3 (Sublicensing Rights)) under the HMI Licensed Technology to Develop and Commercialize (a) Ophthalmic Candidates and Ophthalmic Products worldwide, (b) [***] Candidates and [***] Products worldwide in the Ex-Vivo Field, and (c) [***] Candidates and In-Vivo [***] Products worldwide, excluding the Commercialization thereof in the United States (the “Development and Commercialization License”). Subject to the terms of this Agreement, effective as of the [***] Opt-Out Date, HMI hereby grants to NVS and its Affiliates an exclusive license (with the right to grant sublicenses through multiple tiers in accordance with Section 4.3 (Sublicensing Rights)) under the HMI Licensed Technology to Commercialize U.S. [***] Products.

Appears in 3 contracts

Samples: Collaboration and License Agreement (Homology Medicines, Inc.), Collaboration and License Agreement (Homology Medicines, Inc.), Collaboration and License Agreement (Homology Medicines, Inc.)

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Development and Commercialization License. Subject to the terms of this Agreement, HMI hereby grants to NVS and its Affiliates an exclusive, royalty-bearing license (with the right to grant sublicenses through multiple tiers in accordance with Section 4.3 (Sublicensing Rights)) under the HMI Licensed Technology to Develop and Commercialize (a) Ophthalmic Candidates and Ophthalmic Products worldwide, (b) [***] Sickle Cell Candidates and [***] Sickle Cell Products worldwide in the Ex-Vivo Field, and (c) [***] Sickle Cell Candidates and In-Vivo [***] SCD Products worldwide, excluding the Commercialization thereof in the United States (the “Development and Commercialization License”). Subject to the terms of this Agreement, effective as of the [***] SCD Opt-Out Date, HMI hereby grants to NVS and its Affiliates an exclusive license (with the right to grant sublicenses through multiple tiers in accordance with Section 4.3 (Sublicensing Rights)) under the HMI Licensed Technology to Commercialize U.S. [***] SCD Products.

Appears in 1 contract

Samples: Collaboration and License Agreement (Homology Medicines, Inc.)

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