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