Common use of Licensor Retained Rights Clause in Contracts

Licensor Retained Rights. LICENSOR retains the right to make, have made, provide and use for LICENSOR’S non-commercial research and clinical purposes, including the ability to distribute LICENSOR’S biological materials disclosed and/or claimed in PATENT RIGHTS for nonprofit academic research use to non-commercial entities as is customary in the scientific community and to sell the biological materials as research reagents for research use only by the scientific community.