Common use of Application to Affiliates Clause in Contracts

Application to Affiliates. It is understood and agreed that for purposes of the definitions of Takeda Intellectual Property, Takeda Patent Rights, ▇▇▇▇▇ Intellectual Property and ▇▇▇▇▇ Patent Rights and for purposes of Section 11.3, the term “Affiliate” shall exclude any third party that becomes an Affiliate of ▇▇▇▇▇ or Takeda after the Original Effective Date by way of [***].

Appears in 2 contracts

Sources: Amended and Restated Agreement (Finch Therapeutics Group, Inc.), Collaboration Agreement (Finch Therapeutics Group, Inc.)