Irrevocable License. Effective automatically upon Ocera’s receipt of the Upfront Payment, the License becomes irrevocable. Accordingly, Ocera acknowledges and agrees that the License shall then continue in effect, notwithstanding any event, including a material breach, or the termination or expiration, of this Agreement. Notwithstanding anything to the contrary in this Agreement, Ocera shall have no obligation to disclose to Licensee the existence or scope of any Ocera Non-Exclusive Patents or Ocera Exclusive Know-How, other than what is disclosed in the Exhibits to this Agreement or is disclosed as part of the Technology transfer under Section 2.2.
Appears in 3 contracts
Sources: Technology Transfer and License Agreement (Ocera Therapeutics, Inc.), Technology Transfer and License Agreement (Ocera Therapeutics, Inc.), Technology Transfer and License Agreement (Ocera Therapeutics, Inc.)