Common use of Phase I and II License Grant Clause in Contracts

Phase I and II License Grant. Subject to the parties agreement to proceed to Phase I and payment of the License Fees specified in Section 3.1, PA shall grant to Licensee a royalty-bearing license, commencing on the Phase I Start Date, to use the Licensed Technology for Phase I and II to plan, construct and operate the Unit and sell Licensed Products in the Territory during the License Term in the Field-of-Use. **REDACTED**