Grant of License Contract Clauses (147)

Grouped Into 2 Collections of Similar Clauses From Business Contracts

This page contains Grant of License clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Grant of License. 2.01 Subject to the reservation of rights set forth in Section 2.02, and other terms and conditions herein set forth, Global BioLife hereby grants to ProPhase an exclusive right and license, with the right to sublicense (in accordance with Section 2.03) under the Licensed IP to Exploit the Licensed Compound and Licensed Products in the Field in the Territory, and ProPhase hereby accepts the License. 2.02 Global BioLife reserves the right, solely for itself and for GRDG to use the Licensed Compou...nd and Licensed IP solely for research purposes in the Field and for any purpose outside the Field. 2.03 Prophase may grant sublicenses (including the right to grant further sublicenses) under the License it receives under Section 2.01 to any of its Affiliates or any Third Party with the prior written consent of Global BioLife, which consent shall not be unreasonably withheld; provided that: (i) each sublicense is in writing and its terms are consistent with the terms and conditions of this Agreement; (ii) Prophase shall be responsible to Global BioLife for the performance of its sublicensees; and (iii) any act or omission by a sublicensee that would be a breach of this Agreement had it been performed (or not performed) by Prophase shall be treated as a breach of this Agreement by Prophase. Prophase shall remain primarily responsible to Global BioLife for its obligations, including payment obligations pursuant to this Agreement. 7 3. INFORMATION TRANSFER 3.01 Initial Information Transfer to Prophase. All information owned by Global BioLife relating to the Licensed Compound in connection with the Field has been made available to Prophase prior to the Effective Date or is publicaly available from the USPTO web site (www.uspto.gov). Further information related to the Licensed Compounds is believed to be available from GRDG and Global BioLife has requested that GRDG share all such information with Prophase. View More
Found in ProPhase Labs, Inc. contract
Grant of License. 2.01 Subject to the reservation of rights set forth in Section 2.02, and other terms and conditions herein set forth, Global BioLife hereby grants to ProPhase an exclusive right and license, with the right to sublicense (in accordance with Section 2.03) under the Licensed IP to Exploit the Licensed Compound and Licensed Products in the Field in the Territory, and ProPhase hereby accepts the License. 2.02 Global BioLife reserves the right, solely for itself and for GRDG to use the Licensed Compou...nd and Licensed IP solely for research purposes in the Field and for any purpose outside the Field. 2.03 Prophase may grant sublicenses (including the right to grant further sublicenses) under the License it receives under Section 2.01 to any of its Affiliates or any Third Party with the prior written consent of Global BioLife, which consent shall not be unreasonably withheld; provided that: (i) each sublicense is in writing and its terms are consistent with the terms and conditions of this Agreement; (ii) Prophase shall be responsible to Global BioLife for the performance of its sublicensees; and (iii) any act or omission by a sublicensee that would be a breach of this Agreement had it been performed (or not performed) by Prophase shall be treated as a breach of this Agreement by Prophase. Prophase shall remain primarily responsible to Global BioLife for its obligations, including payment obligations pursuant to this Agreement. 7 3. INFORMATION TRANSFER 3.01 Initial Information Transfer to Prophase. All information owned by Global BioLife relating to the Licensed Compound in connection with the Field has been made available to Prophase prior to the Effective Date or is publicaly available from the USPTO web site (www.uspto.gov). Further information related to the Licensed Compounds is believed to be available from GRDG and Global BioLife has requested that GRDG share all such information with Prophase. View More
Found in IMPACT BIOMEDICAL INC. contract
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Grant of License. Licensor hereby giants to Licensee, subject to the terms and conditions of this Agreement, an exclusive, limited license (the "License") to utilize the "Cannabics Technology" (as defined in Exhibit A) to manufacture, market and sell extended release cannabis capsules (the "Product"). Licensee shall have the right to enter into agreements with third parties to sub-license the License, as set forth below, subject to Licenser's approval.
Found in Cannabics Pharmaceuticals Inc. contract
Grant of License. Licensor hereby giants grants to Licensee, subject to the terms and conditions of this Agreement, an exclusive, limited license (the "License") ''License") to utilize the "Cannabics Technology" Technology'' (as defined in Exhibit A) to manufacture, market and sell extended release cannabis capsules (the "Product"). Licensee shall have the right to enter into agreements with third parties to sub-license the License, as set forth below, subject pursuant to Licenser's Licensor' s approval.
Found in Cannabics Pharmaceuticals Inc. contract
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