Common use of Fully Paid-Up, Royalty Free License Clause in Contracts

Fully Paid-Up, Royalty Free License. After expiration of the Royalty Term for any Agreement Product in a country in the Territory, no further royalties shall be payable in respect of sales of such Agreement Product in such country and thereafter, the license granted to Pfizer under Section 4.1.3 with respect to such Agreement Product in such country shall be a fully paid-up, perpetual, non-exclusive, irrevocable, royalty-free license.

Appears in 3 contracts

Samples: Research Collaboration and License Agreement (Macrogenics Inc), Research Collaboration and License Agreement (Macrogenics Inc), Research Collaboration and License Agreement (Macrogenics Inc)

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Fully Paid-Up, Royalty Free License. After Following expiration (but not early termination) of the Royalty Term for any Agreement Licensed Product in a country in the Territorygiven country, no further royalties shall be payable in respect of sales of such Agreement Licensed Product in such country country, and thereafter, the license licenses granted to Pfizer under Section 4.1.3 2.1 and Section 2.2 with respect to such Agreement Licensed Product in such country shall be a automatically become fully paid-up, perpetual, non-exclusive, irrevocable, irrevocable and royalty-free licensefree.

Appears in 2 contracts

Samples: License Agreement (Spark Therapeutics, Inc.), License Agreement (Spark Therapeutics, Inc.)

Fully Paid-Up, Royalty Free License. After expiration of the Royalty Term for any Agreement Pfizer Licensed Product in a country in the Territory, no further royalties shall will be payable in respect of sales of such Agreement Pfizer Licensed Product in such country and thereafter, thereafter the license granted to Pfizer under Section 4.1.3 License with respect to such Agreement Pfizer Licensed Product in such country shall will be a fully paid-up, perpetual, non-exclusive, irrevocable, royalty-free license.

Appears in 2 contracts

Samples: Research Collaboration and License Agreement (Allogene Therapeutics, Inc.), Research Collaboration and License Agreement (Cellectis S.A.)

Fully Paid-Up, Royalty Free License. After Following expiration of the Royalty Term for any Agreement Product in a country in the Territorygiven country, no further royalties shall will be payable in respect of sales of such Agreement Product in such country and thereafterand, thereafter the license granted to Pfizer under Section 4.1.3 Sections 2.1 and 2.2 with respect to such Agreement Product in such country shall be a will automatically become fully paid-up, perpetual, non-exclusive, irrevocable, irrevocable and royalty-free licensefree.

Appears in 1 contract

Samples: Collaboration and License Agreement (Valneva SE)

Fully Paid-Up, Royalty Free License. After Following expiration of the Royalty Term for any Agreement Product in a country in the Territorygiven country, no further royalties shall be payable in respect of sales of such Agreement Product in such country and thereafterand, thereafter the license licenses granted to Pfizer under Section 4.1.3 with respect to such Agreement Product in such country shall be a automatically become fully paid-up, perpetual, non-exclusive, irrevocable, irrevocable and royalty-free licensefree.

Appears in 1 contract

Samples: Research Collaboration and License Agreement (Pharmathene, Inc)

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Fully Paid-Up, Royalty Free License. After Following expiration of the Royalty Term for any Agreement Product in a country in the Territorygiven country, no further royalties shall will be payable in respect of sales of such Agreement Licensed Product in such country and thereafterand, thereafter the license granted to Pfizer under Section 4.1.3 2.1 with respect to such Agreement Licensed Product in such country shall be a will automatically become fully paid-up, perpetual, non-exclusive, irrevocable, irrevocable and royalty-free licensefree.

Appears in 1 contract

Samples: License Agreement (Spero Therapeutics, Inc.)

Fully Paid-Up, Royalty Free License. After Following expiration of the Royalty Term for any Agreement Licensed Product in a country in the Territorycountry, no further royalties shall be payable in respect of sales of such Agreement Licensed Product in such country and thereafterand, thereafter the license granted to Pfizer under Section 4.1.3 2.1 with respect to such Agreement Licensed Product in such country shall be a fully paid-up, perpetual, non-exclusiveexclusive (even as to Company), irrevocable, royalty-free license.

Appears in 1 contract

Samples: License Agreement (Repligen Corp)

Fully Paid-Up, Royalty Free License. After Following expiration of the Royalty Term for any Agreement a given Product in a country in the Territorygiven country, no further royalties shall will be payable in respect of sales of such Agreement Product in such country and thereafterand, thereafter the license licenses granted to Pfizer under Section 4.1.3 Sections 2.1 and 2.2 with respect to such Agreement Product in such country shall be a will automatically become fully paid-up, perpetual, non-exclusive, irrevocable, irrevocable and royalty-free licensefree.

Appears in 1 contract

Samples: License Agreement (Theravance Biopharma, Inc.)

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