Interruption License

Example Definitions of "Interruption License"
Interruption License. An irrevocable (except as provided in Section 8.2(d) and 8.5(c)), exclusive (even as to Company) worldwide license, effective as of the Effective Date, which Company grants to MMRF with the right to sublicense, the subjects of which license are the Research Program Intellectual Property Rights, Program Inventions and Results, to develop, manufacture, have manufactured, use, have used, sell, offer to sell and import Products, as applicable. The Interruption License shall only be exercisable... pursuant to Section 8.5 in the event of an Interruption and provided that Company has not exercised its Repayment Election under Section 8.5(c) View More
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