Common use of Assignment by Licensor Clause in Contracts

Assignment by Licensor. Subject to Clause 6.4 (Restrictions on transfers of the Licensed IP Rights): (a) Licensor may assign its rights and obligations under this Agreement, or any of the Licensed IP Rights, to an Affiliate of Licensor or to a Third Party. (b) If Licensor transfers its rights in any Licensed IP Right to an Affiliate or to a Third Party, it shall be entitled to assign any element of this Agreement that relates to the Licensed IP Right to that Affiliate or Third Party.

Appears in 6 contracts

Samples: Brand License Agreement (Alcon Inc), Brand License Agreement (Alcon Inc), Brand License Agreement (Alcon Inc)

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