Common use of Other Technologies Clause in Contracts

Other Technologies. Where the Company identifies technologies owned by ICIL that are of commercial interest to the Company in the Field but are not Candidate Technologies, the Company may approach ICIL to discuss the possibility of taking a licence in respect of such technologies. For the avoidance of doubt, however, ICIL shall have no obligation to grant the Company any licence in respect of any such technologies and any such licence (if agreed) must be in writing and signed by authorised representatives of the Parties.

Appears in 2 contracts

Sources: Founder’s Choice Licence Agreement, Founder’s Choice Licence Agreement