Common use of Expiration of Royalty Term Clause in Contracts

Expiration of Royalty Term. Upon expiration of the Royalty Term with respect to a Licensed Product in any jurisdiction and payment in full of all amounts owed hereunder with respect to such Licensed Product in such jurisdiction, the license granted to Company under Section 2.2 shall automatically convert into a non-exclusive, fully paid up license for such Licensed Product in such jurisdiction.

Expiration of Royalty Term. Upon On a Licensed Product-by-Licensed Product basis and country-by-country basis, the license granted in Article 2 shall become fully paid-up, royalty-free, perpetual and irrevocable upon the expiration of the Royalty Term with respect Term, subject to a Licensed Product in any jurisdiction and the payment in full of all applicable amounts owed hereunder with respect to such Licensed Product in such jurisdiction, the license granted to Company due under Section 2.2 shall automatically convert into a non-exclusive, fully paid up license for such Licensed Product in such jurisdiction5.1(c).

Expiration of Royalty Term. Upon expiration (but not following earlier termination) of the Royalty Term with respect to for a Licensed Product in any jurisdiction and payment in full of a country, all amounts owed licenses granted to Spark hereunder with respect to such Licensed Product in such jurisdiction, the license granted to Company under Section 2.2 country shall automatically convert into a nonbecome royalty-exclusivefree, fully paid up license for such Licensed Product in such jurisdictionpaid-up, perpetual, irrevocable and will survive any termination or expiration of this Agreement.

Expiration of Royalty Term. Upon expiration of the Royalty Term with respect to a Licensed an Enhanced Product in any jurisdiction Jurisdiction and payment in full of all amounts owed hereunder with respect to such Licensed Enhanced Product in such jurisdictionJurisdiction, the license granted to Company under Section 2.2 shall automatically convert into Licensee will have a non-exclusive, fully paid up up, perpetual license for such Licensed Enhanced Product in such jurisdictionJurisdiction.

Expiration of Royalty Term. Upon expiration of the Royalty Term with respect to a Licensed Product in any jurisdiction Jurisdiction and payment in full of all amounts owed hereunder with respect to such Licensed Product in such jurisdictionJurisdiction, the license granted to Company under licenses set forth in Section 2.1 and Section 2.2 shall automatically convert into a non-exclusiveimmediately become perpetual, irrevocable, fully paid up license up, and royalty-free for such Licensed Product in such jurisdictionJurisdiction.

Expiration of Royalty Term. Upon expiration of the Royalty Term with respect to a Licensed Product in any jurisdiction Jurisdiction and payment in full of all amounts owed hereunder with respect to such Licensed Product in such jurisdictionJurisdiction, the license granted to Company under Section 2.2 shall automatically convert into Licensee will have a non-exclusive, fully paid up license for such Licensed Product in such jurisdiction.Jurisdiction. ​

Expiration of Royalty Term. Upon expiration of the Royalty Term with respect to a Licensed Product in any jurisdiction Jurisdiction and payment in full of all amounts owed hereunder with respect to such Licensed Product in such jurisdictionJurisdiction, the license granted to Company under Section 2.2 shall automatically convert into Licensee will have a non-exclusive, fully paid up license for such Licensed Product in such jurisdictionJurisdiction.