Licensed IP. Subject to the terms and conditions of this Agreement, Emergent hereby grants to Aptevo, effective at the Effective Time, a perpetual (subject to Article IV), royalty-free, worldwide, non-transferable (except for certain assignments as provided in Section 6.3) license, under the Licensed IP, to research, develop, make, have made, use, sell, offer to sell, import and otherwise commercialize the Products, solely within the Field (and, for clarity, Aptevo will have no rights under the Licensed IP for any other purpose).
Appears in 3 contracts
Sources: Product License Agreement (Aptevo Therapeutics Inc.), Product License Agreement (Aptevo Therapeutics Inc.), Product License Agreement (Aptevo Therapeutics Inc.)