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)