Common use of Assignment of Sublicenses Clause in Contracts

Assignment of Sublicenses. Upon termination of this AGREEMENT, LICENSEE’s interest in sublicenses granted by it under this AGREEMENT shall at UNIVERSITY’s sole option, terminate or be assigned to UNIVERSITY, including the right to receive income from SUBLICENSEES. LICENSEE shall make provision for UNIVERSITY’s rights under the preceding sentence to be included in all sublicenses granted by it under this AGREEMENT.

Appears in 6 contracts

Samples: License Agreement (Solid Biosciences Inc.), Exclusive License Agreement (Decibel Therapeutics, Inc.), Exclusive License Agreement (Decibel Therapeutics, Inc.)

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Assignment of Sublicenses. Upon termination of this AGREEMENT, LICENSEE’s 's interest in sublicenses granted by it under this AGREEMENT shall at UNIVERSITY’s 's sole option, terminate or be assigned to UNIVERSITY, including the right to receive income from SUBLICENSEES. LICENSEE shall make provision for UNIVERSITY’s 's rights under the preceding sentence to be included in all sublicenses granted by it under this AGREEMENT.

Appears in 1 contract

Samples: Exclusive License Agreement (Yield10 Bioscience, Inc.)

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Assignment of Sublicenses. Upon termination of this AGREEMENT, LICENSEE’s ’S interest in sublicenses granted by it under this AGREEMENT shall at UNIVERSITY’s ’S sole option, terminate or be assigned to UNIVERSITY, including the right to receive income from SUBLICENSEES. LICENSEE shall make provision for UNIVERSITY’s ’S rights under the preceding sentence to be included in all sublicenses granted by it under this AGREEMENT.

Appears in 1 contract

Samples: Exclusive License Agreement (Decibel Therapeutics, Inc.)

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