Bioject License Grant to AngioSense Sample Clauses

Bioject License Grant to AngioSense. Bioject hereby grants to AngioSense a royalty-bearing, exclusive worldwide license, with the right to sublicense, under such Bioject Sole Invention to develop, make, have made, use, import, distribute, and sell products in the AngioSense Field. AngioSense agrees to pay Bioject a royalty equal to *** percent (***%) of *** on products sold, leased, distributed or transferred by Bioject, and its Affiliates and Sublicensees wherein such products are covered by a Valid Claim of any such patent covering an Bioject Sole Invention. Bioject shall retain no right to practice in the AngioSense Field under such Bioject Sole Invention, except pursuant to the provisions of this Agreement II. 12.4.3 Payment; Sublicenses; Third Party Licenses. All provisions of Article 8 of this Agreement II relating to payment of royalties, sublicense fee, and third party licenses shall apply to the licenses granted under Section 12.4 hereunder.