Common use of Term of License Grant Clause in Contracts

Term of License Grant. The license granted to the MPP in Section 2.1 with respect to Licensed Patent Rights will expire upon the expiration of the last-to-expire of the Licensed Patent Rights that are granted and in force in that particular country, unless where terminated earlier in accordance with Section 12. Following the expiration of such licenses in the Territory, the licenses granted in Section 2.1 with respect to Licensed Manufacturing Know-How will be fully paid-up and perpetual.

Appears in 3 contracts

Samples: License and Technology Transfer Agreement, License and Technology Transfer Agreement, License and Technology Transfer Agreement

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Term of License Grant. The license granted to the MPP in Section clause 2.1 with respect to Licensed Patent Rights will expire upon the expiration of the last-to-expire of the Licensed Patent Rights that are granted and in force in that particular countryforce, unless where terminated earlier in accordance with Section 12clause 13. Following the expiration of such licenses in the Territory, the licenses granted in Section clause 2.1 with respect to Licensed Manufacturing Know-How will be fully paid-up and perpetual.

Appears in 1 contract

Samples: License and Technology Transfer Agreement

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