Common use of Background for Terminated Patent Rights Clause in Contracts

Background for Terminated Patent Rights. Notwithstanding the terms of Section 4.1.1, if any Licensed Patent Rights become Terminated Patent Rights, Harvard will be entitled to grant to third party licensees of such Terminated Patent Rights non-exclusive, worldwide, licenses (with the right to grant sublicenses) under the Harvard Patent Rights and [**] Poly Peptide Patent Rights in the Field solely for the purpose of and to the extent needed to develop, make, have made, use, market, offer for sale, sell and import products, the making, using or selling of which falls within the scope of a Valid Claim of such Terminated Patent Rights.

Appears in 3 contracts

Sources: License Agreement (Aileron Therapeutics Inc), License Agreement (Aileron Therapeutics Inc), License Agreement (Aileron Therapeutics Inc)