Common use of License Following Expiration Clause in Contracts

License Following Expiration. Upon expiration of the Royalty Term, the license granted to Fujisawa under Article 3 shall thereafter become irrevocable, royalty-free and fully paid up.

Appears in 2 contracts

Sources: Collaboration and License Agreement (Cardiome Pharma Corp), Collaboration and License Agreement (Cardiome Pharma Corp)