Transfer of Registrations. In the event of termination of this Agreement by ▇▇▇▇▇▇ pursuant to Section 17.5 in one or more Region(s), IMI shall a) transfer to ▇▇▇▇▇▇, free of charge, the ownership of all Registrations for the Products in those Region(s) that is owned by IMI at the time of such termination, and all the data used to support the same; and b) grant to ▇▇▇▇▇▇ a royalty-free, perpetual, irrevocable, license to make, have made, use, sell, have sold, import, and offer for sale the Products under the Licensed Technology in those Region(s).
Appears in 2 contracts
Sources: License, Development and Supply Agreement (Imi International Medical Innovations Inc), License, Development and Supply Agreement (Imi International Medical Innovations Inc)