Common use of TERM OF LICENSE GRANT AND PAYMENT OF ROYALTIES Clause in Contracts

TERM OF LICENSE GRANT AND PAYMENT OF ROYALTIES. Unless terminated earlier as provided below, the License in a country shall commence on the date that Pfizer exercises its option pursuant to Section 2.1 and shall terminate on the date of the last to expire of the Patent Rights in such country.

Appears in 3 contracts

Samples: Collaborative Research Agreement (Abgenix Inc), Collaborative Research Agreement (Abgenix Inc), Collaborative Research Agreement (Abgenix Inc)

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TERM OF LICENSE GRANT AND PAYMENT OF ROYALTIES. Unless The license granted to Pfizer pursuant to this Agreement will commence on the Effective Date and, unless terminated earlier as provided below, the License license in a each country shall commence on the date that Pfizer exercises its option pursuant to Section 2.1 and shall terminate on the date of the last to expire of the ATRIX Patent Rights in such countryand Pfizer Patent Rights.

Appears in 1 contract

Samples: License Agreement (Atrix Laboratories Inc)

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