Common use of License Grants and Restrictions Clause in Contracts

License Grants and Restrictions. 2.1.1 Subject to the terms and conditions set forth herein, Licensor hereby grants to Licensee, and Licensee hereby accepts, a non-transferable (subject to Article 19), royalty-bearing exclusive license to make, have made, use and sell any Licensed Product and to practice any Licensed Method in the Field of Use under Licensor’s Patent Rights throughout the Territory. This grant is subject to the payment by Licensee to Licensor of all consideration required under this Agreement, and subject to any rights of the Government of the United States as set forth in Section (2.2).

Appears in 6 contracts

Samples: License Agreement, License Agreement, License Agreement

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