Common use of Rights to Licensed IP Clause in Contracts

Rights to Licensed IP. As of the Effective Date, Connetics owns, controls, or otherwise has the right to use, all Relaxin Information and Relaxin Patents required or necessary to develop, manufacture and sell Product (in bulk or finished form); and Connetics further represents that it has the right to grant to Paladin the rights and licenses under the Licensed IP in this Agreement.

Rights to Licensed IP. As of the Effective Date, Connetics owns, controls, or otherwise has the right to use, all Relaxin Information and Relaxin Patents required or necessary to develop, manufacture and sell Product Products (in bulk or finished form); and further Connetics further represents that it has the right to grant to Paladin Medeva the rights and licenses under the Licensed IP in this Agreement.

Rights to Licensed IP. As of the Effective Date, Connetics owns, controls, or otherwise has the right to use, all Relaxin Information and Relaxin Patents required or necessary to develop, manufacture and sell Product (in bulk or finished form); and Connetics further represents that it has the right to grant to Paladin Faulding the rights and licenses under the Licensed IP in this Agreement.