Common use of GRANT OF LICENSE TO LILLY Clause in Contracts

GRANT OF LICENSE TO LILLY. (a) Subject to the terms and conditions set forth herein, as of the Closing Date, NeoSan hereby grants to Lilly and its Affiliates, for no additional consideration, and Lilly and its Affiliates accept, a royalty-free, non-exclusive license, with a right to sublicense, except as limited below, in the United States under the Product Intellectual Property, the NDAs and the Marketing Materials solely to manufacture, or to have manufactured, the Products for NeoSan under the Manufacturing Agreement and otherwise fulfill its obligations thereunder; provided, however, that the non-exclusive license granted by NeoSan above will terminate effective upon the termination of the Manufacturing Agreement.