Common use of Joint Inventions Not Exclusively Licensed Clause in Contracts

Joint Inventions Not Exclusively Licensed. In the event that the Collaborator does not acquire an exclusive commercialization license to IP rights in all fields in joint Subject Inventions described in Article 6.4, then each Party shall have the right to use the joint Subject Invention and to license its use to others in all fields not exclusively licensed to Collaborator. The Parties may agree to a joint licensing approach for such IP rights.

Appears in 7 contracts

Samples: Collaborative Research and Development Agreement, And Development Agreement (Keryx Biopharmaceuticals Inc), Cooperative Research and Development Agreement

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Joint Inventions Not Exclusively Licensed. In the event that the Collaborator does not choose to acquire an exclusive commercialization license to IP rights in all fields in joint Subject Inventions described in Article 6.47.4, then each Party shall have the right to use the joint Subject Invention and to license its use to others in all fields not exclusively licensed to Collaboratorothers. The Parties may agree to a joint licensing approach for such IP rights.

Appears in 2 contracts

Samples: Cooperative Research and Development Agreement (Progenics Pharmaceuticals Inc), Cooperative Research and Development Agreement (Progenics Pharmaceuticals Inc)

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