Common use of Commercialization License Clause in Contracts

Commercialization License. Xxxxxx shall have the right to grant sublicenses under the license granted to it under Section 8.2.1 to any Affiliate of Xxxxxx and to any Third Party with respect to any Product, other than any Co-Developed Product in the Co-Development Territory after which time Enanta has exercised its Co-Development and Profit Share Option with respect to such Co-Developed Product; provided, that: (a) it shall be a condition of any such sublicense that such Sublicensee agrees to be bound by all terms of this Agreement applicable to the Development of Candidates and the Commercialization of Products in the Field in the Territory (including, without limitation, Article 7); (b) Xxxxxx shall provide written notice to Enanta of any such proposed sublicense at least thirty (30) days prior to such execution; and

Appears in 5 contracts

Samples: Collaborative Development and License Agreement (Enanta Pharmaceuticals Inc), Collaborative Development and License Agreement (Enanta Pharmaceuticals Inc), Collaborative Development and License Agreement (Enanta Pharmaceuticals Inc)

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Commercialization License. Xxxxxx shall have the right to grant sublicenses under the license granted to it under Section 8.2.1 to any Affiliate of Xxxxxx and to any Third Party with respect to any Product, other than any Co-Developed Product in the Co-Development Territory after which time Enanta has exercised its Co-Development and Profit Share Option with respect to such Co-Co- Developed Product; provided, that: (a) it shall be a condition of any such sublicense that such Sublicensee agrees to be bound by all terms of this Agreement applicable to the Development of Candidates and the Commercialization of Products in the Field in the Territory (including, without limitation, Article 7); (b) Xxxxxx shall provide written notice to Enanta of any such proposed sublicense at least thirty (30) days prior to such execution; and

Appears in 1 contract

Samples: Collaborative Development & License Agreement

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