Common use of Reservation of Rights for Humanitarian Purposes Clause in Contracts

Reservation of Rights for Humanitarian Purposes. Consistent with 35 U.S.C. §200 et seq., University retains the right to require Company to grant Sublicenses to responsible applicants in the Field of Use under the Licensed Patents on terms that are reasonable under the circumstances; or, if Company fails to grant a license, to grant the license itself. The exercise of these rights by University will only be in exceptional circumstances and only if University determines (i) the action is necessary to meet health or safety needs that are not reasonably satisfied by Company; or (ii) the action is necessary to meet requirements for public use specified by federal regulations, and such requirements are not reasonably satisfied by Company. University shall not require the granting of a sublicense, and shall not grant the license itself, unless the responsible applicant has first negotiated in good faith with Company.

Appears in 3 contracts

Samples: Exclusive Patent License Agreement (Solid Biosciences Inc.), Exclusive Patent License Agreement, Exclusive Patent License Agreement (Solid Biosciences, LLC)

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Reservation of Rights for Humanitarian Purposes. Consistent with 35 U.S.C. §200 et seq., University retains the right to require Company to grant Sublicenses to responsible applicants in the Field of Use under the Licensed Patents on terms that are reasonable under the circumstances; or, if Company fails to grant a license, to grant the license itself. The exercise of these rights by University will only be in exceptional circumstances and only if University determines (ia) the action is necessary to meet health or safety needs that are not reasonably satisfied by Company; or (iib) the action is necessary to meet requirements for public use specified by federal regulations, and such requirements are not reasonably satisfied by Company. University shall will not require the granting of a sublicense, and shall will not grant the license itself, unless the responsible applicant has first negotiated in good faith with Company.

Appears in 1 contract

Samples: Certain Confidential (Akoya Biosciences, Inc.)

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