Common use of Licenses after Expiration of Agreement Clause in Contracts

Licenses after Expiration of Agreement. After expiration of the Term (but not after early termination) with respect to this Agreement in its entirety pursuant to Section 14.1(b)(ii), Celgene’s rights and licenses hereunder under the Vividion Intellectual Property, Vividion Co-Co Collaboration Intellectual Property and Vividion’ rights in the Joint Co-Co IP to develop, manufacture, have manufactured, use, offer for sale, sell, import and otherwise commercialize Shared Products and Companion Diagnostics in the Field worldwide shall convert to exclusive, irrevocable, non-terminable rights and licenses, with the right to grant sublicenses through multiple tiers; provided, however, that, following such expiration and notwithstanding Section 8.5 or Section 9.5, (i) Celgene shall be solely responsible for all payments owed to any Third Party licensors and (ii) Celgene shall be responsible for complying with the terms of any license agreements with such Third Party licensors, in each case, ((i) and (ii)), solely with respect to Celgene’s exercise of such rights.

Appears in 2 contracts

Samples: License Agreement (Vividion Therapeutics, Inc.), License Agreement (Vividion Therapeutics, Inc.)

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Licenses after Expiration of Agreement. After expiration of the Term (but not after early termination) with respect to this Agreement in its entirety pursuant to Section 14.1(b)(ii14.1(b), Celgene’s the rights and licenses granted to Celgene hereunder under to the Vividion Intellectual Property, Vividion Co-Co Collaboration Intellectual Property Joint Inventions, Joint Patents and Vividion’ rights in the Joint Co-Co IP Manufacturing Technology to developDevelop, manufactureuse, Manufacture, have manufactured, useManufactured, offer for sale, sell, import and otherwise commercialize Shared Commercialize Licensed Products and Companion Diagnostics in the Field worldwide shall convert to exclusive, irrevocable, non-terminable rights and licenses, with the right to grant sublicenses through multiple tiers; provided, however, that, following such expiration and notwithstanding Section 8.5 or Section 9.59.3, (i) Celgene shall be solely responsible for all payments owed to any Third Party licensors and (ii) Celgene shall be responsible for complying with the terms of any license agreements with such Third Party licensors, in each case, case ((i) and (ii)), solely with respect to Celgene’s exercise of such rights.

Appears in 2 contracts

Samples: License Agreement (Vividion Therapeutics, Inc.), License Agreement (Vividion Therapeutics, Inc.)

Licenses after Expiration of Agreement. After expiration of the Term (but not after early termination) with respect to this Agreement in its entirety pursuant to Section 14.1(b)(ii), Celgene’s rights and licenses hereunder under the Vividion Agios Intellectual Property, Vividion Agios Co-Co Collaboration Intellectual Property and VividionAgios’ rights in the Joint Co-Co Collaboration IP to develop, manufacture, have manufactured, use, offer for sale, sell, import and otherwise commercialize Shared Licensed Products and Companion Diagnostics in the Field worldwide worldwide, for so long as it continues to do so, shall convert to exclusive, irrevocable, non-terminable rights and licenses, with the right to grant sublicenses through multiple tierssublicenses; provided, however, provided that, following such expiration and notwithstanding Section 8.5 or Section 9.59.6(a), (i) Celgene shall be solely responsible for all payments owed to any Third Party licensors and (ii) Celgene shall be responsible for complying with the terms of any license agreements with such Third Party licensors, in each case, ((i) and (ii)), solely with respect to Celgene’s exercise of such rights.

Appears in 1 contract

Samples: License Agreement (Agios Pharmaceuticals Inc)

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Licenses after Expiration of Agreement. After expiration of the Term (but not after early termination) with respect to this Agreement in its entirety pursuant to Section 14.1(b)(ii14.1(b), Celgene’s rights and licenses hereunder under the Vividion Agios’ rights in Agios Intellectual Property, Vividion Co-Co Collaboration Intellectual Property Joint Inventions, Joint Patents and Vividion’ rights in the Joint Co-Co IP Manufacturing Technology to develop, manufacture, have manufactured, use, offer for sale, sell, import and otherwise commercialize Shared Licensed Products and Companion Diagnostics in the Field worldwide worldwide, for so long as it continues to do so, shall convert to exclusive, irrevocable, non-terminable rights and licenses, with the right to grant sublicenses through multiple tierssublicenses; provided, however, provided that, following such expiration and notwithstanding Section 8.5 or Section 9.59.4(a), (i) Celgene shall be solely responsible for all payments owed to any Third Party licensors and (ii) Celgene shall be responsible for complying with the terms of any license agreements with such Third Party licensors, in each case, case ((i) and (ii)), solely with respect to Celgene’s exercise of such rights.

Appears in 1 contract

Samples: License Agreement (Agios Pharmaceuticals Inc)

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