Common use of Mutually Desired License Rights Clause in Contracts

Mutually Desired License Rights. If GENTA or AVENTIS reasonably determines that it would be desirable to obtain license rights to any PATENT RIGHTS or TECHNOLOGY of a THIRD PARTY not already included in the GENTA PATENT RIGHTS or the GENTA TECHNOLOGY, other than under the circumstances described in Section 13.5.1 above, for the Parties to make, have made, sell, offer for sale, use or import COMPOUND or PRODUCT, or any OTHER COMPOUND or OTHER PRODUCT, for sale or development for sale in the United States, such Party shall provide the other Party with written notice thereof. Should the Parties mutually agree that one or both of them should obtain a license to such PATENT RIGHTS or TECHNOLOGY for such purposes, they shall enter into good faith discussions with such THIRD PARTY in order to obtain license rights thereto on terms reasonably acceptable to both Parties. (*)

Appears in 2 contracts

Samples: Commercialization Agreement (Genta Incorporated /De/), Commercialization Agreement (Genta Inc De/)

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Mutually Desired License Rights. If GENTA or AVENTIS reasonably determines that it would be desirable to obtain license rights to any PATENT RIGHTS or TECHNOLOGY of a THIRD PARTY not already included in the GENTA PATENT RIGHTS or the GENTA TECHNOLOGY, other than under the circumstances described in Section 13.5.1 11.5.1 above, for the Parties to make, have made, sell, offer for sale, use or import COMPOUND or PRODUCT, or any OTHER COMPOUND or OTHER PRODUCT, for sale or development for sale in a country of the United StatesROW, such Party shall provide the other Party with written notice thereof. Should the Parties mutually agree that one or both of them should obtain a license to such PATENT RIGHTS or TECHNOLOGY for such purposes, they shall enter into good faith discussions with such THIRD PARTY in order to obtain license rights thereto on terms reasonably acceptable to both Parties. (*).

Appears in 2 contracts

Samples: Commercialization Agreement (Genta Incorporated /De/), Commercialization Agreement (Genta Inc De/)

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