Common use of Licensed Patents Clause in Contracts

Licensed Patents. The Parties have determined that certain Patents will need to be used by both Parties after the Separation and therefore wish to establish license terms with respect to such Patents.

Appears in 7 contracts

Sources: Separation and Distribution Agreement (Baxter International Inc), Separation and Distribution Agreement (Baxalta Inc), Separation and Distribution Agreement (Baxalta Inc)

Licensed Patents. The Parties have determined that certain Patents patents will need to be used by both Parties after the Separation and therefore wish to establish license terms with respect to such Patentspatents.

Appears in 1 contract

Sources: Separation and Distribution Agreement (AbbVie Inc.)