Common use of Non-Exclusive License Clause in Contracts

Non-Exclusive License. Subject to the terms and conditions set forth herein, Mount Sinai hereby grants to Licensee a sub-licensable, royalty-bearing non-exclusive license to the Mount Sinai Know-How, solely to the extent Mount Sinai agrees it is reasonably required to exploit the exclusive rights granted in Section 2.1 in the Field of Use, during the Term, and throughout the Territory.

Appears in 8 contracts

Samples: Exclusive License Agreement (Heart Test Laboratories, Inc.), Exclusive License Agreement (Heart Test Laboratories, Inc.), Exclusive License Agreement (Heart Test Laboratories, Inc.)

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