Acknowledgment Regarding Sublicensees Sample Clauses
The "Acknowledgment Regarding Sublicensees" clause establishes the parties' recognition and agreement concerning the rights and obligations related to sublicensees under the main agreement. Typically, this clause clarifies whether the licensee is permitted to grant sublicenses to third parties and outlines the extent to which the original licensor is responsible for the actions or compliance of those sublicensees. For example, it may specify that the licensor is not liable for any breaches by sublicensees or that the licensee must ensure sublicensees adhere to the same terms as the main agreement. The core function of this clause is to allocate responsibility and clarify expectations regarding third-party sublicensees, thereby reducing potential disputes and ensuring all parties understand their roles.
Acknowledgment Regarding Sublicensees. CareFusion acknowledges that it is not entitled to receive any additional Royalties from Licensee with respect to Net Sales by a Sublicensee, other than the Royalty set forth in Section 4.3.1.
