Common use of Retaining Commercialisation rights Clause in Contracts

Retaining Commercialisation rights. A party may, acting reasonably and by notice to the other parties, delay for up to a maximum of 12 months any licence to Research Project IP granted under this agreement (excluding the licence in clause 12.4(a)) until appropriate Intellectual Property protection is obtained for that Research Project IP.

Retaining Commercialisation rights. ‌ A party may, acting reasonably and by notice to the other parties, delay for up to a maximum of 12 months any licence to Research Project IP granted under this agreement (excluding the licence in clause 12.4(a11.4(a)) until appropriate Intellectual Property protection is obtained for that Research Project IP.

Retaining Commercialisation rights. ‌ A party may, acting reasonably and by notice to the other parties, delay for up to a maximum of 12 months any licence to Research Project IP granted under this agreement (excluding the licence in clause 12.4(a)) until appropriate Intellectual Property protection is obtained for that Research Project IP.