Common use of No Implied Limitation Clause in Contracts

No Implied Limitation. Except as expressly stated in section 6.1, the rights and obligations under the License Grant do not limit J▇▇▇▇▇▇’▇ interests in the Compound. To be clear, J▇▇▇▇▇▇ remains free to conduct research on and commercialize Compounds and Products for indications outside of the Field, without the consent of, or accounting to, Provention; provided, however, that J▇▇▇▇▇▇ shall consult with Provention with respect to any Development, Commercialization or other activity related to the Compound that could reasonably be expected to affect Provention in its use of the Compound in the Field.

Appears in 2 contracts

Sources: License, Development and Commercialization Agreement (Provention Bio, Inc.), License, Development and Commercialization Agreement (Provention Bio, Inc.)