Common use of Right to Practice Jointly Owned Technology Clause in Contracts

Right to Practice Jointly Owned Technology. Except to the extent either Party is restricted by the express terms of this Agreement, with respect to any Collaboration Inventions and Collaboration Patent Rights that are owned jointly by the Parties pursuant to Section 8.2.1, each Party shall have the right to practice and exploit such Collaboration Inventions and Collaboration Patents, with full rights to license its interest therein in the Territory, and without the duty of accounting to or any duty to seek consent from the other Party, and upon the reasonable request of either Party, the other Party shall execute documents that evidence or confirm the requesting Party’s right to engage in such activities.

Appears in 2 contracts

Samples: License and Collaboration Agreement, License and Collaboration Agreement (Protagonist Therapeutics, Inc)

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Right to Practice Jointly Owned Technology. Except to the extent either Party is restricted by the express terms of this Agreement, with respect to any Collaboration Development Program Inventions, Development Program Patents, Other Inventions and Collaboration Patent Rights Other Patents that are owned jointly by the Parties pursuant to Section 8.2.17.2.1 or 7.2.2, each Party shall have the right to practice and exploit such Collaboration Development Program Inventions, Development Program Patents, Other Inventions and Collaboration Other Patents, with full rights to license its interest therein sublicense in the Territory, and without the duty of accounting to or any duty to seek consent from the other Party, and upon the reasonable request of either Party, the other Party shall execute documents that evidence or confirm the requesting Party’s right to engage in such activities.

Appears in 2 contracts

Samples: License Agreement (Tracon Pharmaceuticals, Inc.), License and Option Agreement (Tracon Pharmaceuticals, Inc.)

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Right to Practice Jointly Owned Technology. Except to the extent either Party is restricted by the express terms of this Agreement, with respect to any Collaboration Inventions and Collaboration Patent Rights that are owned jointly by the Parties pursuant to Section 8.2.1, each Party shall have the right to practice and exploit such Collaboration Inventions and Collaboration PatentsPatent Rights, with full rights to license its interest therein in the Territory, and without the duty of accounting to or any duty to seek consent from the other Party, and upon the reasonable request of either Party, the other Party shall execute documents that evidence or confirm the requesting Party’s right to engage in such activities.

Appears in 1 contract

Samples: License and Collaboration Agreement (Protagonist Therapeutics, Inc)

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