Common use of Internal Use License Clause in Contracts

Internal Use License. Subject to each party’s obligations, during the term of the Evaluation each party shall have a co-exclusive, royalty-free license, without the right to sublicense, to use the Data solely for the purpose of negotiating a potential strategic or collaborative agreement between Accler8 and Novartis Diagnostics. Nothing contained within this Agreement shall impose an obligation to negotiate or enter into any future agreement.

Appears in 2 contracts

Sources: Evaluation Agreement (Accelr8 Technology Corp), Evaluation Agreement (Accelr8 Technology Corp)

Internal Use License. Subject to each party’s obligations, during the term of the Evaluation each party shall have a co-exclusive, royalty-free license, without the right to sublicense, to use the Data solely for the purpose of negotiating a potential strategic or collaborative agreement between Accler8 and Novartis Diagnostics[***]. Nothing contained within this Agreement shall impose an obligation to negotiate or enter into any future agreement.

Appears in 1 contract

Sources: Evaluation Agreement (Accelr8 Technology Corp)