Common use of Assignment by Licensee Clause in Contracts

Assignment by Licensee. The rights to be granted hereunder are specific to Licensee and shall not be assigned, sublicensed, or otherwise transferred by Licensee to any other party, without the prior written consent by Licensor. However, Licensor consents to a one-time assignment by Licensee if Licensee merges, consolidates, or transfers all or substantially all of its assets to a Third Party during the Term of this Agreement, which assignment shall be subject to a one-time assignment fee of US Dollar […***…] paid by Licensee to Licensor.

Appears in 6 contracts

Samples: Non Exclusive Patent License Agreement (Bionano Genomics, Inc.), Non Exclusive Patent License Agreement (BioNano Genomics, Inc), Non Exclusive Patent License Agreement (BioNano Genomics, Inc)

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Assignment by Licensee. The rights to be granted hereunder are specific to Licensee and shall not be assigned, sublicensed, or otherwise transferred by Licensee to any other party, without the prior written consent by Licensor. However, Licensor consents to a one-time assignment by Licensee if Licensee merges, consolidates, or transfers all or substantially all of its assets to a Third Party during the Term of this Agreement, which assignment shall be subject to a one-time assignment fee of US Dollar […***…] paid by Licensee to Licensor.. Exhibit 10.14

Appears in 1 contract

Samples: Non Exclusive Patent License Agreement (Bionano Genomics, Inc.)

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