Common use of Licenses after Expiration of Agreement Clause in Contracts

Licenses after Expiration of Agreement. After expiration of the Term with respect to this Agreement in its entirety pursuant to Section 10.1.1(b), all licenses set forth in Section 6.1 will automatically become fully paid-up, perpetual, irrevocable and royalty-free.

Appears in 5 contracts

Samples: Global License Agreement (Prothena Corp Public LTD Co), Global License Agreement (Prothena Corp Public LTD Co), u.s. License Agreement (Prothena Corp Public LTD Co)

AutoNDA by SimpleDocs

Licenses after Expiration of Agreement. After expiration of the Term with respect to this Agreement in its entirety pursuant to this Section 10.1.1(b13.1.2(b), all (i) the licenses set forth in Section 6.1 7.1 will automatically become fully paid-up, perpetual, irrevocable and royalty-freefree and (ii) the rights of reference set forth in this Agreement will automatically become perpetual and irrevocable.

Appears in 1 contract

Samples: Exclusive License and Collaboration Agreement (BeiGene, Ltd.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!