Illumina Grants Sample Clauses
The "Illumina Grants" clause defines the rights or permissions that Illumina, as a party to the agreement, grants to the other party. Typically, this clause outlines the scope of licenses, authorizations, or access provided by Illumina, such as the right to use certain intellectual property, technology, or products under specified conditions. For example, it may allow the recipient to use Illumina's patented sequencing technology for research purposes or to distribute products incorporating Illumina components. The core function of this clause is to clearly delineate what rights are being conferred by Illumina, thereby preventing misunderstandings and ensuring both parties are aware of the extent and limitations of the permissions granted.
Illumina Grants. (a) Illumina hereby grants to deCODE a discount on Chips pursuant to the terms and conditions set forth in the Supply Agreement.
(b) Illumina hereby grants to deCODE, under all Intellectual Property that (i) Illumina develops during the Term, and (ii) was developed by funding approved by the Joint Management Committee, a perpetual, royalty-free (except to the extent that royalties are owed to third party licensors, in which event such royalties shall be deducted by Illumina in determining COGS), worldwide, co-exclusive right with Illumina and license, with the right to grant sublicenses only as permitted under Section 6.3, to develop and use the Diagnostic Products in accordance with this Development Agreement. Such rights shall survive termination of this Development Agreement if deCODE is the Non-Defaulting Party.
(c) Illumina hereby grants deCODE during the Term, a limited, royalty-free, non-exclusive right and license, with the right to grant sublicenses only as permitted under Section 6.3, to the use of certain of its trademarks and service marks, trade names and logos to be specifically identified by Illumina (collectively hereinafter referred to as “Illumina Marks”) solely in connection with the commercialization activities provided for in this Development Agreement. deCODE agrees to comply with Illumina’s guidelines delivered to deCODE from time to time with respect to manner of use, and to maintain the quality standards of Illumina with respect to the goods sold and services provided in connection with the Illumina Marks. deCODE recognizes and agrees that no ownership rights are vested or created by the limited rights of use granted to deCODE in connection with this use of the Illumina Marks, and that all goodwill associated with the use thereof inures to the benefit of Illumina. Further, deCODE shall submit to Illumina any materials bearing the Illumina Marks for review and approval prior to the use thereof and shall make no use of the Illumina Marks without Illumina’s prior written consent. Each Party shall execute any documents required in the reasonable opinion of the other Party for deCODE to be entered as a “registered user”, recorded licensee, or to demonstrate use, of the Illumina Marks, or to be removed as registered user or licensee thereof.