Common use of Affiliate Rights and Obligations Clause in Contracts

Affiliate Rights and Obligations. The LICENSED RIGHTS granted herein extend to AFFILIATES, except that AFFILIATES may not grant SUBLICENSES without JHU’s written consent. An AFFILIATE that exercises rights under this AGREEMENT shall automatically be bound by all terms and conditions of this AGREEMENT, including but not limited to indemnity and insurance provisions and the obligation to pay ROYALTIES. All acts or omissions by an AFFILIATE shall be considered acts or omissions of LICENSEE, which is, and shall remain, liable for them.

Appears in 5 contracts

Samples: License Agreement (Inhibitor Therapeutics, Inc.), Jhu Agreement Number A40899 (Denali SPAC Holdco, Inc.), Exclusive License Agreement (BullFrog AI Holdings, Inc.)

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