Common use of Exclusive Rights and License Clause in Contracts

Exclusive Rights and License. In the event that Sponsor, according to Applicable Law, cannot obtain or secure ownership for any Sponsor Intellectual Property or Results, Institution and Investigator hereby grant Sponsor and obligate any Trial Staff to grant Sponsor, as applicable, worldwide, exclusive, unlimited, perpetual, fully paid-up and royalty-free license, with the right to grant sublicenses, to use such Sponsor Intellectual Property and Results for any purpose. Institution and Investigator warrant by the execution of this Agreement, that neither they nor any Trial Staff involved in the Trial have entered, and that none of them will enter, into any contractual agreement or relationship which would in any way conflict with or compromise Sponsor’s proprietary interest in, or rights to, any Intellectual Property or Results existing at the time of the execution of this Agreement or arising out of or related to its performance thereunder. 6.4

Appears in 1 contract

Samples: Clinical Trial Agreement

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Exclusive Rights and License. In the event that Sponsor, according to Applicable Law, cannot obtain or secure ownership for any Sponsor Intellectual Property or Results, Institution and Investigator hereby grant Sponsor and obligate any Trial Staff to grant Sponsor, as applicable, worldwide, exclusive, unlimited, perpetual, fully paid-up and royalty-free license, with the right to grant sublicenses, to use such Sponsor Intellectual Property and Results for any purpose. Institution and Investigator warrant by the execution of this Agreement, that neither they nor any Trial Staff involved in the Trial have entered, and that none of them will enter, into any contractual agreement or relationship which would in any way conflict with or compromise Sponsor’s proprietary interest in, or rights to, any Intellectual Property or Results existing at the time of the execution of this Agreement or arising out of or related to its performance thereunder. 6.4.

Appears in 1 contract

Samples: Clinical Trial Agreement

Exclusive Rights and License. In the event that Sponsor, according to Applicable Law, cannot obtain or secure ownership for any Sponsor Intellectual Property or Results, Institution Provider and Investigator hereby grant Sponsor and obligate any Trial Staff to grant Sponsor, as applicable, worldwide, exclusive, unlimited, perpetual, fully paid-up and royalty-royalty- free license, with the right to grant sublicenses, to use such Sponsor Intellectual Property and Results for any purpose. Institution Provider and Investigator warrant by the execution of this Agreement, that neither they nor any Trial Staff involved in the Trial have entered, and that none of them will enter, into any contractual agreement or relationship which would in any way conflict with or compromise Sponsor’s proprietary interest in, or rights to, any Intellectual Property or Results existing at the time of the execution of this Agreement or arising out of or related to its performance thereunder. 6.4of

Appears in 1 contract

Samples: Clinical Trial Agreement

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Exclusive Rights and License. In the event that Sponsor, according to Applicable Law, cannot obtain or secure ownership for any Sponsor Intellectual Property or Results, Institution and Investigator hereby grant Sponsor and confirm that they obligate by internal regulation any Trial Staff to grant Sponsor, as applicable, worldwide, exclusive, unlimited, perpetual, fully paid-up and royalty-free license, with the right to grant sublicenses, to use such Sponsor Intellectual Property and Results for any purpose. Institution and Investigator warrant by the execution of this Agreement, that neither they nor any Trial Staff involved in the Trial have entered, and that none of them will enter, into any contractual agreement or relationship which would in any way conflict with or compromise Sponsor’s proprietary interest in, or rights to, any Intellectual Property or Results existing at the time of the execution of this Agreement or arising out of or related to its performance thereunder. 6.47.4

Appears in 1 contract

Samples: Clinical Trial Agreement

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