Development Program. Subject to the terms and conditions of this Agreement, TAKEDA hereby grants to ARCHEMIX and its Affiliates a non-exclusive, royalty-free, worldwide license during the Term, without the right to grant sublicenses, under TAKEDA Technology and TAKEDA Patent Rights and TAKEDA’s interest in Joint Technology and Joint Patent Rights), as well as under the exclusive license granted to TAKEDA by ARCHEMIX pursuant to Section 7.1.1(b), for the sole purpose of conducting ARCHEMIX Additional Activities in any Development Program.
Appears in 2 contracts
Samples: Collaborative Research and License Agreement (Archemix Corp.), Collaborative Research and License Agreement (Nitromed Inc)
Development Program. Subject to the terms and conditions of this AgreementAgreement (including, TAKEDA without limitation, the restrictions set forth in Section 7.5), ARCHEMIX hereby grants to ARCHEMIX TAKEDA and its Affiliates a non-exclusiveAffiliates, an exclusive royalty-free, worldwide license during the Term, without including the right to grant sublicensessublicenses as provided in Section 7.3, under TAKEDA Licensed Technology and TAKEDA Licensed Patent Rights and TAKEDA’s interest in Joint Technology and Joint Patent Rights), as well as under the exclusive license granted to TAKEDA by ARCHEMIX pursuant to Section 7.1.1(b), for the sole purpose of conducting ARCHEMIX Additional Activities Developing Products in any Development Programthe Field and in the Territory.
Appears in 2 contracts
Samples: Collaborative Research and License Agreement (Nitromed Inc), Collaborative Research and License Agreement (Archemix Corp.)