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.)
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.)
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.)