Common use of Perpetual, Royalty-Free Non-Exclusive License Clause in Contracts

Perpetual, Royalty-Free Non-Exclusive License. If Biogen has been granted a license under Section 4.1.1(a) or Section 4.1.1(b) (as applicable) for a particular Product, then upon expiration of the Biogen Alternate Modality Royalty Period or Reduced Royalty Period, as the case may be, in all countries in which the applicable Products are being or have been sold, Ionis will and hereby does grant to Biogen a perpetual, non-exclusive, worldwide, royalty-free, fully paid-up, sublicensable license under the Ionis Know-How to Manufacture, Develop and Commercialize the applicable Product.

Perpetual, Royalty-Free Non-Exclusive License. If Biogen has been granted a license under Section 4.1.1(a) or Section 4.1.1(b) (as applicable) 4.1.1 for a particular Product, then upon expiration of the Biogen Alternate Modality Reduced Royalty Period or Reduced Royalty Period, as the case may be, for such Product in all countries in which the applicable Products are such Product is being or have has been sold, Ionis will and hereby does grant to Biogen a perpetual, non-exclusive, worldwide, royalty-free, fully paid-up, sublicensable license under the Ionis Know-How to Manufacture, Develop and Commercialize the applicable Product.

Perpetual, Royalty-Free Non-Exclusive License. If Biogen Idec has been granted a license under Section 4.1.1(a) or Section 4.1.1(b) (as applicable) for a particular Product, then upon expiration of the Biogen Idec Alternate Modality Royalty Period or Reduced Royalty Period, as the case may be, in all countries in which the applicable Products are being or have been sold, Ionis Isis will and hereby does grant to Biogen Idec a perpetual, non-exclusive, worldwide, royalty-free, fully paid-up, sublicensable license under the Ionis Isis Know-How to Manufacture, Develop and Commercialize the applicable Product.