GrantBack License

Example Definitions of "GrantBack License"
GrantBack License. A non-exclusive, perpetual, irrevocable, fully paid license, including the right to sublicense, under all of the Assigned IP, to make, use, sell and import (and to have made, sold and imported) Grant-Back Products in the Grant-Back Field; provided, however, that (i) rights under such license may only be sublicensed to NeoRx Sublicensees; (ii) any such sublicense shall be limited to the right to make, use, sell and import (and to have made, sold and imported) Grant-Back Products; (iii) such... license shall be nonassignable; and (iv) such license shall terminate and be of no further force or effect immediately upon the consummation of any Change of Control. View More Arrow
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