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

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

Appears in 2 contracts

Samples: Gamma Ip Licence Agreement (Denali Therapeutics Inc.), Gamma Ip Licence Agreement (Denali Therapeutics Inc.)

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Effect of Expiration of the Term. Following the expiration of the Term pursuant to Section 12.1Term, the grants in Sections 6.1, Section 5.1 shall become exclusive, fully-paid, royalty-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 Term pursuant to Section 12.1Term, the grants in Sections 6.1, Section 6.1 shall become non-exclusive, fully-paid, royalty-free and irrevocable.

Appears in 1 contract

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

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