Common use of License Grant to HMI For Termination for Convenience by NVS Clause in Contracts

License Grant to HMI For Termination for Convenience by NVS. If NVS terminates this Agreement with respect to a Target for convenience, NVS will and hereby does, grant to HMI [***], with the [***] (subject to [***]), to (a) such [***] to any [***] that are [***] or [***] but the [***], in each case, pursuant to [***], (b) [***] with respect to [***] or [***] for which [***] has been [***], such [***] as of [***] and [***], in all cases, [***] in or to [***], in each case ((a) and (b)), to the [***], subject to [***], and [***], and (c) if, as of [***] in the [***] for the purpose of [***] such [***]; provided, that with respect to [***] clauses (b) and (c), [***] for such [***], subject to [***] following the [***] on such [***]. If [***] or [***] by [***] pursuant to [***] of the [***], then [***] and as far as [***] such [***] the terms set forth in [***].

Appears in 4 contracts

Samples: Collaboration and License Agreement (Homology Medicines, Inc.), Collaboration and License Agreement (Homology Medicines, Inc.), Collaboration and License Agreement (Homology Medicines, Inc.)

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