Preliminary Phase License Grant. Subject to the payment of the Preliminary Phase Fee and to the other terms and conditions in this Agreement, PA grants to Licensee, a non-exclusive, non-transferable, limited license to use the Licensed Technology for the limited purpose of planning, constructing and operating the Preliminary Unit within the Territory during the Preliminary Term in the Field-of-Use for an initial Licensee implementation of the Licensed Technology to grow and harvest micro-crops of lemna.
Appears in 2 contracts
Sources: License Agreement (Parabel Inc.), License Agreement (PetroAlgae Inc.)