Common use of CELGENE As Guarantor Clause in Contracts

CELGENE As Guarantor. CELGENE shall guarantee and be responsible for the payment of all royalties due and the making of reports under this Agreement by reason of the development and sales of any PRODUCTS by CELGENE, its AFFILIATES and SUBLICENSEES and their compliance with all applicable terms of this Agreement. Performance or satisfaction of any obligations of CELGENE under this Agreement by any of its AFFILIATES or SUBLICENSEES shall be deemed performance or satisfaction of such obligation by CELGENE.

Appears in 4 contracts

Samples: Agreement (Celgene Corp /De/), Agreement (Celgene Corp /De/), CMCC Agreement (Entremed Inc)

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