Common use of Registration of License Clause in Contracts

Registration of License. COMPANY, at its expense, may register the license granted under this Agreement in any country of the Licensed Territory where the use, sale or manufacture of a Licensed Product in such country would be covered by a Valid Claim. Upon request by COMPANY, LICENSORS agree promptly to execute any "short form" licenses submitted to it by COMPANY in order to effect the foregoing registration in such country.

Appears in 2 contracts

Samples: License Agreement (Triangle Pharmaceuticals Inc), License Agreement (Triangle Pharmaceuticals Inc)

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Registration of License. COMPANY, at its expense, may register the license granted under this Agreement in any country of the Licensed Territory where the use, sale or manufacture of a Licensed Product in such country would be covered by a Valid Claim. Upon request by COMPANY, LICENSORS agree LICENSOR agrees promptly to execute any "β€œshort form" ” licenses submitted to it by COMPANY in order to effect the foregoing registration in such country.

Appears in 2 contracts

Samples: License Agreement (Pharmasset Inc), License Agreement (Gilead Sciences Inc)

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