Common use of Effect of Expiration of the Term Clause in Contracts

Effect of Expiration of the Term. Following the expiration of the Term, the grants in Section 3.1 shall become non-exclusive, fully-paid, royalty-free, and irrevocable.

Appears in 3 contracts

Samples: License Agreement (Bison Capital Acquisition Corp.), License Agreement (Bison Capital Acquisition Corp.), License Agreement (Bison Capital Acquisition Corp.)

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Effect of Expiration of the Term. Following the expiration of the Term, the grants in Section 3.1 5.1 shall become non-exclusive, fully-paid, royalty-free, free and irrevocable.

Appears in 3 contracts

Samples: License Agreement (Reata Pharmaceuticals Inc), License Agreement (Reata Pharmaceuticals Inc), License Agreement (Reata Pharmaceuticals Inc)

Effect of Expiration of the Term. Following the expiration of the TermTerm pursuant to Section 12.1.1, the grants in Section 3.1 5.2 shall become non-exclusive, fully-paid, royalty-free, free and irrevocableirrevocable with rights to sublicense as set forth in this Agreement.

Appears in 3 contracts

Samples: Exclusive License Agreement (Ablynx NV), Exclusive License Agreement (Ablynx NV), Exclusive License Agreement (Ablynx NV)

Effect of Expiration of the Term. Following the expiration of the TermTerm pursuant to Section 12.1, the grants in Section 3.1 Sections 6.1, shall become non-exclusive, fully-paid, royalty-free, free and irrevocable.

Appears in 2 contracts

Samples: License Agreement (Denali Therapeutics Inc.), License Agreement (Denali Therapeutics Inc.)

Effect of Expiration of the Term. Following the expiration of the Term, the grants in Section 3.1 5.1 shall become non-exclusive, fully-paid, royalty-free, free and irrevocable.

Appears in 2 contracts

Samples: Development and License Agreement, Development and License Agreement (Principia Biopharma Inc.)

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Effect of Expiration of the Term. Following the expiration of the TermTerm pursuant to clause (a) (but not clause (b)) of Section 12.1.1, the grants in Section 3.1 5.1.3 shall become non-exclusive, fully-paid, royalty-free, free and irrevocable.

Appears in 1 contract

Samples: Development and Option Agreement (Harpoon Therapeutics, Inc.)

Effect of Expiration of the Term. Following the expiration of the Term, the grants in Section 3.1 6.1 shall become non-exclusive, fully-paid, royalty-free, free and irrevocable.

Appears in 1 contract

Samples: Discovery Collaboration and License Agreement (Harpoon Therapeutics, Inc.)

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