Continuation of License. If this Agreement shall terminate, Manufacturer’s Exclusivity to the Licensed IP and Licensed Products in the Licensed Territory shall terminate, however, the Manufacturer shall continue to have a License to use the Licensed IP and Licensed Products on a non-exclusive basis throughout the world, including in the Licensed Territory, for so long as it shall manufacture or distribute products. This right survives any bankruptcy of the Company.
Appears in 2 contracts
Sources: Exclusive License Agreement (Rapid Therapeutic Science Laboratories, Inc.), Exclusive License Agreement (Rapid Therapeutic Science Laboratories, Inc.)