Common use of By BP Clause in Contracts

By BP. Subject to the terms and conditions of this Agreement, BP hereby grants to Verenium and its Affiliates, during the JDP Term, a non-exclusive, worldwide, royalty-free license, without the right to sublicense, under the BP Background Technology solely to perform Verenium’s obligations under the JDP Plan.

Appears in 2 contracts

Sources: Joint Development and License Agreement, Joint Development and License Agreement (Verenium Corp)