Common use of Grant Back Clause in Contracts

Grant Back. Buyer grants to Seller, and Seller accepts, a worldwide, royalty-free, non-exclusive license, with right to grant sublicenses, under the Purchased Assets solely to perform its obligations under this Agreement.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Provention Bio, Inc.), Asset Purchase Agreement (Provention Bio, Inc.), Asset Purchase Agreement (Provention Bio, Inc.)

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Grant Back. Buyer grants to Seller, and Seller Xxxxxx accepts, a worldwide, royalty-free, non-exclusive license, with right to grant sublicenses, under the Purchased Assets solely to perform its obligations under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Macrogenics Inc)

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