BMG Sample Clauses

BMG has the right and authority to enter into the Agreement and to furnish to you my rights and services upon all the terms and conditions specified insofar as it pertains to me in the Agreement, including without limitation the rights as provided in Section 4 of the Agreement; 2. I am familiar with each and all of the terms, covenants and conditions of the Agreement and hereby consent to BMG's execution of the Agreement; 3. I agree to be and will be bound by and will duly observe, perform and comply with each and all of the terms, covenants and conditions of the Agreement on my part to be performed or complied with; 4. I shall render to you all of the services and grant to you all of the rights which are to be rendered and/or granted by me pursuant to the Agreement even if BMG shall be dissolved or should otherwise cease to exist; 5. I am under no obligation or disability by law or otherwise which would prevent or restrict me from performing and complying with all of the terms, covenants and conditions of the Agreement on my part to be performed or complied with.
Sample 1
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BMG. BMG shall have the right to sublicense any or all of its rights under Section 4.1 to any Third Party and shall provide written notification to Geron within thirty (30) days of execution of any such sublicense agreement, which notification shall be accompanied by a complete copy of such sublicense. BMG and Geron, unless otherwise agreed in advance in writing, shall share sublicensing proceeds as follows: [*] to Third Parties pursuant to Geron's Third Party Licenses as a result of such [*]. If Geron introduces a willing and qualified sublicensee to BMG for a Product, market, or territory not being developed or served by BMG, then BMG shall, within three (3) months of written notification by Geron, enter into good faith negotiations with said sublicensee or else BMG shall notify Geron of its intent to develop such Product or serve such market or territory and shall provide evidence of BMG's intent by providing a written Development Plan for said Product, market, or territory, including timelines. If BMG fails either to provide a written Development Plan satisfactory to Geron or to undertake good-faith negotiations for a sublicense, then Geron shall notify BMG in writing of its failure to comply and provide BMG sixty (60) days to remedy such failure. If BMG does not remedy the failure within such sixty (60) day period, then BMG's rights to such Product, market, or territory shall terminate pursuant to Section 15.4(b). Notwithstanding the foregoing, under no circumstances shall BMG be required to license a Third Party to develop a Product or serve a market or territory where BMG has developed a substantially similar or equivalent Product or is itself making a good faith effort to serve a market or territory with a Product in accordance with the Development Plan.
Sample 1

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