Effect of Expiration of the Term. Following the expiration of the Term, the grants in Section 5.1 shall become non-exclusive, fully-paid, royalty-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 Sections 5.1 and 5.2.1 shall become non-exclusive, fully-paid, royalty-free and irrevocableirrevocable with rights to sublicense as set forth in this Agreement, and the grants in Sections 5.2.2 and 5.2.3 shall terminate.
Appears in 3 contracts
Samples: Collaboration Agreement (Galapagos Nv), Collaboration Agreement (Galapagos Nv), Collaboration Agreement (Galapagos Nv)
Effect of Expiration of the Term. Following the expiration of the TermTerm pursuant to Section 12.1.1, the grants in Section 5.1 5.2 shall become non-exclusive, fully-paid, royalty-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 12.1.1(ii), the grants in Section 5.1 5.2 shall become non-exclusive, fully-paid, royalty-free and irrevocableirrevocable with rights to sublicense as set forth in this Agreement.
Appears in 2 contracts
Samples: Collaboration Agreement (Galapagos Nv), Collaboration Agreement (Galapagos Nv)
