Common use of Negative Covenant Clause in Contracts

Negative Covenant. Licensee covenants that it will not, and it will not permit any of its Affiliates to, use or practice any Licensed Patents and Licensed Know-How outside the scope of the license granted to it under Sections 2.1(a) and 2.1(b) above.

Appears in 3 contracts

Sources: License Agreement (Regenerx Biopharmaceuticals Inc), License Agreement (Regenerx Biopharmaceuticals Inc), License Agreement (Regenerx Biopharmaceuticals Inc)

Negative Covenant. Licensee covenants that it will not, and it will not permit any of its Affiliates to, use or practice any Licensed of Licensor’s rights to and under the Licensor Patents and Licensed Know-How outside the scope of the license granted or other intellectual property rights licensed (or sublicensed, as applicable) to it under Sections 2.1(a) and 2.1(b) abovethis ARTICLE 2, except for the purposes expressly permitted in the applicable license grant.

Appears in 2 contracts

Sources: License, Development and Commercialization Agreement (MEI Pharma, Inc.), License, Development and Commercialization Agreement (MEI Pharma, Inc.)

Negative Covenant. Licensee covenants that it will not, and it will not permit any of its Affiliates to, use or practice any Licensed Patents and Licensed Know-How outside the scope of the license granted Patent Rights or other intellectual property rights licensed (or sublicensed, as applicable) to it under Sections 2.1(a) and 2.1(b) abovethis Article 2, except for the purposes expressly permitted in the applicable license grant.

Appears in 2 contracts

Sources: License, Development and Commercialization Agreement (JATT Acquisition Corp), License, Development and Commercialization Agreement (JATT Acquisition Corp)

Negative Covenant. Licensee SpePharm covenants that it will not, and it will not permit grant a license to or otherwise authorize any of its Affiliates or Sublicensees to, use or practice any Licensed Company Patents and Licensed Company Know-How outside the scope of the license granted to it under Sections Section 2.1(a) and 2.1(b) above.

Appears in 1 contract

Sources: Exclusive License Agreement (Navidea Biopharmaceuticals, Inc.)

Negative Covenant. Licensee covenants that it will not, and it will not permit any of its Affiliates to, use or practice any Licensed Patents and Licensed Know-How outside the scope of the license granted to it under Sections 2.1(a), 2.1(b) and 2.1(b2.1(c) above.

Appears in 1 contract

Sources: License Agreement (Regenerx Biopharmaceuticals Inc)

Negative Covenant. Licensee covenants that it will not, and it will not permit any of its Affiliates to, use or practice any Licensed Patents and Licensed Know-How outside the scope of the license licenses granted to it under Sections 2.1(a) and 2.1(b) abovethis Section 2.1.

Appears in 1 contract

Sources: License Agreement (Regenerx Biopharmaceuticals Inc)

Negative Covenant. Licensee covenants that it will not, and it will not permit use or practise any of its Affiliates tothe Patent Rights or other intellectual property rights licensed (or sublicensed, use or practice any Licensed Patents and Licensed Know-How outside the scope of the license granted as applicable) to it under Sections 2.1(a) and 2.1(b) abovethis Article 2, except for the purposes expressly permitted in the applicable license grant.

Appears in 1 contract

Sources: License, Development and Commercialization Agreement (Zura Bio LTD)