Common use of LICENSE GRANT AND TERM Clause in Contracts

LICENSE GRANT AND TERM. 3.1 Subject to all the terms and conditions of this AGREEMENT, YALE hereby grants to LICENSEE an exclusive worldwide license, with the right to grant sublicenses, to practice LICENSED PATENTS and use LICENSED INFORMATION for purposes of research and development of products and to make, have made, use, sell, have sold and import LICENSED PRODUCTS or SERVICES in the FIELDS OF USE (the “LICENSE”).

Appears in 3 contracts

Samples: Yale Exclusive License Agreement, Yale Exclusive License Agreement (Rib-X Pharmaceuticals, Inc.), Yale Exclusive License Agreement (Rib-X Pharmaceuticals, Inc.)

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LICENSE GRANT AND TERM. 3.1 2.1 Subject to all the terms and conditions of this AGREEMENTAgreement, YALE hereby grants to LICENSEE an exclusive exclusive, worldwide license, under the LICENSED INTELLECTUAL PROPERTY within the FIELD, with the right to grant sublicenses, to practice LICENSED PATENTS and use LICENSED INFORMATION for purposes of research and development of products and to make, have made, use, sell, have sold offer to sell, import and import export LICENSED PRODUCTS or SERVICES in the FIELDS OF USE and to practice any LICENSED METHOD (the “LICENSE”).

Appears in 1 contract

Samples: Yale Exclusive License Agreement (Aries Ventures Inc)

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