Common use of Grant and Reservation of Rights Clause in Contracts

Grant and Reservation of Rights. 3.1 The IC hereby grants and the Institution accepts, subject to the terms and conditions of this Agreement, an exclusive license, including the right to sublicense, under the Patent Rights to make and have made, to use and have used, to sell and have sold, to offer to sell, and to import any tangible embodiment of the Patent Rights and to practice and have practiced any process included within the Patent Rights.

Appears in 2 contracts

Samples: Public Health Service, Public Health Service

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Grant and Reservation of Rights. 3.1 The IC Institution hereby grants and the Institution IC accepts, subject to the terms and conditions of this Agreement, an exclusive license, license including the right to sublicense, under the Patent Rights to make and have made, to use and have used, to sell and have sold, to offer to sell, and to import any tangible embodiment of the Patent Rights and to practice and have practiced any process process(es) included within the Patent Rights.

Appears in 2 contracts

Samples: Public Health Service, Public Health Service

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Grant and Reservation of Rights. 3.1 The IC PHS hereby grants and the Institution accepts, subject to the terms and conditions of this Agreement, an exclusive license, including the right to sublicense, under the Patent Rights to make and have made, to use and have used, to sell and have sold, to offer to sell, and to import any tangible embodiment of the Patent Rights and to practice and have practiced any process included within the Patent Rights.

Appears in 1 contract

Samples: License Agreement (Annovis Bio, Inc.)

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