No Other Effect. The designation of Sponsor Party and Sponsored Territory shall not alter the allocation of the right to Commercialize the Licensed Product under the License Agreement between the Parties. For clarity, A▇▇▇▇▇▇▇ shall have the sole right to Commercialize the License Product in the Licensed Territory regardless of whether the entirety of Licensed Territory is ArriVent’s Sponsored Territory for a particular Joint Global Study, and Allist shall have the sole right to Commercialize the Licensed Product only in the Retained Territory regardless of whether the entirety of Licensed Territory is Allist’s Sponsored Territory for a particular Joint Global Study.
Appears in 3 contracts
Sources: Joint Clinical Collaboration Agreement (ArriVent Biopharma, Inc.), Joint Clinical Collaboration Agreement (ArriVent Biopharma, Inc.), Joint Clinical Collaboration Agreement (ArriVent Biopharma, Inc.)