Common use of New Third Party Licenses Applicable only to Xxxxxxxxx Clause in Contracts

New Third Party Licenses Applicable only to Xxxxxxxxx. If any intellectual property rights Controlled by a Third Party are necessary or useful only for Xxxxxxxxx to conduct activities or to perform obligations under this Agreement, then Xxxxxxxxx shall be free to enter into a New Third Party License for such intellectual property to Develop the applicable Collaboration Product anywhere in the world, solely for purposes of obtaining Regulatory Approval for such Collaboration Product. [**] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission.

Appears in 2 contracts

Samples: License and Collaboration Agreement (Hutchison China MediTech LTD), License and Collaboration Agreement (Hutchison China MediTech LTD)

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New Third Party Licenses Applicable only to Xxxxxxxxx. If any intellectual property rights Controlled by a Third Party are necessary or useful only for Xxxxxxxxx to conduct activities or to perform obligations under this Agreement, then Xxxxxxxxx shall be free to enter into a New Third Party License for such intellectual property to Develop the applicable Collaboration Product anywhere in the world, solely for purposes of obtaining Regulatory Approval for such Collaboration Product. [**] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission.

Appears in 2 contracts

Samples: License and Collaboration Agreement (Hutchison China MediTech LTD), License and Collaboration Agreement (Hutchison China MediTech LTD)

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