Common use of Licensed Know-How Clause in Contracts

Licensed Know-How. Subject to the terms and conditions of this Agreement, Vertex hereby grants to ▇▇▇▇▇ a non-exclusive, royalty-bearing, revocable (as set forth in Section 8.2), sublicenseable (solely as set forth in Section 2.5), nontransferable (except to the extent this Agreement is assigned by ▇▇▇▇▇ in accordance with Section 13.2) license under the Licensed Know-How to Research, Develop, Manufacture, have Manufactured, use, keep, sell, offer for sale, import, export and Commercialize the Assigned Compounds, Additional Compounds and Products containing the Assigned Compounds and/or Additional Compounds, for use in the Field in the Territory during the Term. Notwithstanding the license granted to ▇▇▇▇▇ under this Section 2.3, Vertex will not be obligated to provide ▇▇▇▇▇ with access to, or copies or physical embodiments of, any Licensed Know-How except as set forth herein.

Appears in 2 contracts

Sources: Assignment and License Agreement (Spero Therapeutics, Inc.), Assignment and License Agreement (Spero Therapeutics, Inc.)

Licensed Know-How. Subject to the terms and conditions of this Agreement, Vertex VERTEX hereby grants to ▇▇▇▇▇ TREKtx, and TREKtx hereby accepts, a non-non- exclusive, royalty-bearing, revocable (as set forth in Section 8.27.2), sublicenseable (solely as set forth in Section 2.5), nontransferable (except to the extent this Agreement is assigned by ▇▇▇▇▇ TREKtx in accordance with Section 13.212.2) license license, under the Licensed Know-Know- How to Research, Develop, Manufacture, have Manufactured, use, keep, sell, offer for sale, import, export and Commercialize the Assigned Compounds, Additional Compounds and Products containing the Assigned Compounds and/or Additional Compounds, for use in the Field of Use in the Territory during the Term. Notwithstanding the license granted to ▇▇▇▇▇ TREKtx under this Section 2.3, Vertex will VERTEX shall not be obligated to provide ▇▇▇▇▇ TREKtx with access to, or copies or physical embodiments of, any Licensed Know-How except as set forth hereinHow.

Appears in 1 contract

Sources: Assignment and License Agreement (BioSig Technologies, Inc.)