Common use of Retained License Clause in Contracts

Retained License. The license granted in Section 2.1 above is further conditional upon and subject to a right and license retained by LICENSOR on its behalf and LICENSOR’s academic research collaborators to make and use Licensed Products and practice Licensed Technology for research and educational purposes only. LICENSOR shall promptly verify the names of any research collaborators practicing the license retained in this Section 2.3 upon COMPANY’s written request.

Appears in 2 contracts

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

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Retained License. The license granted in Section 2.1 above is further conditional upon and subject to a right and license retained by LICENSOR LICENSORS on its behalf of themselves and LICENSOR’s LICENSORS' academic research collaborators to make and use Licensed Products and practice Licensed Technology for research and educational purposes only. LICENSOR LICENSORS shall promptly verify the names of any research collaborators practicing the license retained in this Section 2.3 upon COMPANY’s 's written request.

Appears in 2 contracts

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

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Retained License. The license granted in Section 2.1 above is further conditional upon and subject to a right and license retained by LICENSOR on its behalf and LICENSOR’s 's academic research collaborators to make and use Licensed Products and practice Licensed Technology for research and educational purposes only. LICENSOR shall promptly verify the names of any research collaborators practicing the license retained in this Section 2.3 upon COMPANY’s 's written request.

Appears in 1 contract

Samples: License Agreement (Triangle Pharmaceuticals Inc)

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