Common use of Assignment and Sublicense Clause in Contracts

Assignment and Sublicense. Except as permitted under subsection 3.1.2 and section 14 of these Terms and Conditions, the Licensee shall not assign or sublicense its interest or delegate its duties under the Agreement. Any assignment, sublicense, or delegation attempted to be made in violation of this section is void. Absent the consent of all the parties, an assignment or delegation will not release the assigning or delegating party from its obligations. The Agreement inures to the benefit of the Licensee and the University and their respective permitted sublicensees and trustees.

Appears in 4 contracts

Samples: Buy License Agreement, Exclusive Patent License Agreement, Buy License Agreement

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Assignment and Sublicense. Except as permitted under subsection 3.1.2 and section 14 12.5 of these the Terms and Conditions, the Licensee shall not assign or sublicense its interest or delegate its duties under the this Agreement. Any assignment, sublicense, or delegation attempted to be made in violation of this section is void. Absent the consent of all the parties, an assignment or delegation will not release the assigning or delegating party from its obligations. The Agreement inures to the benefit of the Licensee and the University and their respective permitted sublicensees and trustees.

Appears in 4 contracts

Samples: Exclusive Patent License Agreement (GT Biopharma, Inc.), Exclusive Patent License Agreement (Oxis International Inc), Exclusive Patent License Agreement (Oxis International Inc)

Assignment and Sublicense. Except as permitted under subsection 3.1.2 and section 14 12.5 of these the Terms and Conditions, the Licensee shall not assign or sublicense its interest or delegate its duties under the this Agreement. Any assignment, sublicense, or delegation attempted to be made in violation of this section is void. Absent the consent of all the parties, an assignment or delegation will not release the assigning or delegating party from its obligations. The Agreement inures to the benefit of the Licensee licensee and the University and their respective permitted sublicensees and trustees.

Appears in 3 contracts

Samples: Exclusive Patent License Agreement, Exclusive Patent License Agreement (Calyxt, Inc.), Exclusive Patent License Agreement (Calyxt, Inc.)

Assignment and Sublicense. Except as permitted under subsection 3.1.2 and section 14 12.5 of these the Terms and Conditions, the Licensee shall not assign or sublicense its interest or delegate its duties under the this Agreement. Any assignment, sublicense, or delegation attempted to be made in violation of this section is void. Absent the consent of all the parties, an assignment or delegation will not release the assigning or delegating party from its obligationsobligations accrued prior to the effective date of assignment. The Agreement inures to the benefit of the Licensee and the University and their respective successors and permitted assigns, sublicensees and trustees.

Appears in 2 contracts

Samples: Exclusive Patent License Agreement (Acutus Medical, Inc.), Exclusive Patent License Agreement (Acutus Medical, Inc.)

Assignment and Sublicense. Except as permitted under subsection 3.1.2 and section 14 12.5 of these Terms and Conditions, the Licensee shall not assign or sublicense its interest or delegate its duties under the this Agreement, by agreement or by operation of law. Any assignment, sublicense, or delegation attempted to be made in violation of this section is void. Absent the consent of all the partiesParties, an assignment or delegation will not release the assigning or delegating party Party from its obligations. The Agreement inures to the benefit of the Licensee and the University and their respective permitted sublicensees Sublicensees and trustees.

Appears in 2 contracts

Samples: Exclusive Patent License Agreement (Finch Therapeutics Group, Inc.), Exclusive Patent License Agreement (Finch Therapeutics Group, Inc.)

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Assignment and Sublicense. Except as permitted under subsection 3.1.2 and section 14 12.5 of these the Terms and Conditions, the Licensee shall not assign or sublicense its interest or delegate its duties under the this Agreement. Any assignment, sublicense, or delegation attempted to be made in violation of this section is void. Absent the consent of all the parties, an assignment or delegation will not release the assigning or delegating party from its obligations. The Agreement inures to the benefit of the Licensee and the University and their respective permitted sublicensees Sublicensees and trustees.

Appears in 1 contract

Samples: Exclusive Patent License Agreement (Arno Therapeutics, Inc)

Assignment and Sublicense. Except as permitted under subsection 3.1.2 and section 3.1.2, sections 3.3 or 14 of these Terms and Conditions, the Licensee or as required by law under section 3.2, neither party shall not assign or sublicense its interest or delegate its duties under the Agreement. Any assignment, sublicense, or delegation attempted to be made in violation of this section is void. Absent the consent of all the parties, an assignment or delegation will not release the assigning or delegating party from its obligations. The Agreement inures to the benefit of the Licensee and the University and their respective permitted sublicensees and trustees.

Appears in 1 contract

Samples: Confidentiality Agreement (Miromatrix Medical Inc.)

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