Common use of Patent License Clause in Contracts

Patent License. University hereby grants to Company an exclusive (subject only to any rights of the government described in Section 2.8 (The United States Government’s Rights) and to rights of University described in Section 3 (Rights of University, Limitations) license under the Licensed Patents to make, have made on Company’s behalf, use, offer to sell, sell, offer to lease or lease, import, or otherwise offer to dispose of Licensed Products in the Territory in the Field of Use. Unless otherwise terminated under Section 9 (Termination), the term of this patent license will begin on the Effective Date and will continue until all Valid Claims expire or are held invalid or unenforceable by a court of competent jurisdiction from which no appeal can be taken.‌

Appears in 2 contracts

Samples: Fast Start License Agreement, License Agreement

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Patent License. University hereby grants to Company an exclusive (subject only to any rights of the government described in Section 2.8 (The United States Government’s Rights) and to rights of University described in Section 3 (Rights of University, Limitations) license under the Licensed Patents to make, have made on Company’s behalf, use, offer to sell, sell, offer to lease or lease, import, or otherwise offer to dispose of Licensed Products in the Territory in the Field of Use. Unless otherwise terminated under Section 9 (Termination), the term of this patent license will begin on the Effective Date and will continue until all Valid Claims expire or are held invalid or unenforceable by a court of competent jurisdiction from which no appeal can be taken.‌taken.

Appears in 1 contract

Samples: License Agreement

Patent License. University hereby grants to Company an exclusive (subject only to any rights of the government described in Section 2.8 (2.6 “The United States Government’s Rights) and to rights of University and Cambridge described in Section 3 (Rights of University, Limitations) license under the Licensed Patents to make, have made on Company’s behalf, use, offer to sell, sell, offer to lease or lease, import, or otherwise offer to dispose of Licensed Products in the Territory in the Field of Use. Unless otherwise terminated under Section 9 (Termination), the term of this patent license will begin on the Effective Date and will continue until all Valid Claims expire or are held invalid or unenforceable by a court of competent jurisdiction from which no appeal can be taken.‌taken.

Appears in 1 contract

Samples: Up License Agreement (Sana Biotechnology, Inc.)

Patent License. University hereby grants to Company an exclusive (subject only to any rights of the government described in Section 2.8 (The United States Government’s Rights) and to rights of University described in Section 3 (Rights of University, Limitations)) license under the Licensed Patents to make, have made on Company’s behalf, use, offer to sell, sell, offer to lease or lease, import, or otherwise offer to dispose of Licensed Products in the Territory in the Field of Use. Unless otherwise terminated under Section 9 (Termination), the term of this patent license will begin on the Effective Date and will continue until all Valid Claims expire or are held invalid or unenforceable by a court of competent jurisdiction from which no appeal can be taken.‌taken.

Appears in 1 contract

Samples: Faster Flight Startup License Agreement

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Patent License. University hereby grants to Company an exclusive (subject only to any rights of the government described in Section 2.8 (2.4 “The United States Government’s Rights) and to rights of University described in Section Article 3 (Rights of University, ; Limitations) license under the Licensed Patents to make, have made on Company’s behalf, use, offer to sell, sell, offer to lease or lease, import, or otherwise offer to dispose of Licensed Products in the Territory in the Field of Use. Unless otherwise terminated under Section Article 9 (Termination), the term of this patent license will begin on the Effective Date and will continue until all Valid Claims expire or are held invalid or unenforceable by a court of competent jurisdiction from which no appeal can be taken.‌taken.

Appears in 1 contract

Samples: Certain Confidential (Akoya Biosciences, Inc.)

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