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 LICENSORS on behalf of themselves and LICENSORS' academic research collaborators to make and use Licensed Products and practice Licensed Technology for research and educational purposes only. LICENSORS 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 (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 LICENSORS LICENSOR on its behalf of themselves and LICENSORS' LICENSOR’s academic research collaborators to make and use Licensed Products and practice Licensed Technology for research and educational purposes only. LICENSORS 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 2 contracts

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

Retained License. The license granted in Section 2.1 above is further conditional upon and subject to a right and license retained by LICENSORS LICENSOR on its behalf of themselves and LICENSORS' LICENSOR's academic research collaborators to make and use Licensed Products and practice Licensed Technology for research and educational purposes only. LICENSORS 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 1 contract

Samples: License Agreement (Triangle Pharmaceuticals Inc)

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Retained License. The license granted in Section 2.1 above is further conditional conditioned upon and subject to a right and license retained by LICENSORS on behalf of themselves LICENSOR to make, use and LICENSORS' academic research collaborators to make and use transfer Licensed Products and practice Licensed Technology for research research, educational and educational non- commercial purposes onlyonly (excluding however, any form of clinical development of Licensed Products), alone or with not for profit third parties. LICENSORS The Licensee shall promptly verify have the names of option to license any research collaborators practicing intellectual property generated under this section on the license retained terms and conditions stated in this Section 2.3 upon COMPANY's written request2.2.

Appears in 1 contract

Samples: License Agreement (Kiromic Biopharma, Inc.)

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