Conflicting Rights Sample Clauses
The Conflicting Rights clause establishes how to resolve situations where the rights granted under an agreement may overlap or conflict with rights granted to other parties or under other agreements. Typically, this clause outlines a hierarchy or process for determining which rights take precedence, such as prioritizing earlier agreements or requiring parties to seek consent before exercising certain rights. Its core function is to prevent disputes and ensure clarity by providing a clear mechanism for addressing and resolving potential conflicts between overlapping contractual rights.
Conflicting Rights. Neither Party will grant any right to any Third Person which would violate the terms of or conflict with the rights granted by such Party to the other Party pursuant to this Agreement.
Conflicting Rights. CIMA shall not grant any right to any third party relating to the Activities which would violate the terms of or conflict with the rights granted to Alamo pursuant to this Agreement.
Conflicting Rights. Lilly shall not grant any right to any third ------------------ party relating to the Licensed Patents that would violate the terms of or conflict with the rights granted to Tularik pursuant to this Agreement.
Conflicting Rights. The Company hereby represents and covenants that, prior to and as of the Date of Grant the Company has not granted, and after the Date of Grant the Company shall not grant, any registration rights which conflict with the rights under this Section 9.
Conflicting Rights. 20 9.11 Patent and Trademark Maintenance..............................................................20 TABLE OF CONTENTS (continued)
Conflicting Rights. Lilly shall not grant any right to any third party relating to the Licensed Patents or Licensed Technology that would violate the terms of or conflict with the rights granted to Versicor pursuant to this Agreement.
Conflicting Rights. Nastech shall not grant any right to any third party relating to the Activities which would violate the terms of or conflict with the rights granted to Schw▇▇▇ ▇▇▇suant to this Agreement.
Conflicting Rights. Alkermes shall not grant any right to any third party relating to the Activities which would violate the terms of or conflict with the rights granted to KU pursuant to this Agreement.
Conflicting Rights. The Company shall not grant to any Person any demand, piggyback, or shelf registration rights the terms of which would violate the rights granted to the Holders hereunder, or provide for superior “cutback” priority relative to the Holders, in each case, pursuant to Section 3(b)(i) and (ii) without the prior written consent of the Holders of a majority of Registrable Shares (which majority, if the Warrant Holder at such time owns any Registrable Securities, must include the Warrant Holder).
Conflicting Rights. The Company shall not grant to any Person any demand, piggyback, or shelf registration rights the terms of which would violate the rights granted to the Holders hereunder, or provide for superior “cutback” priority relative to the Holders, in each case, pursuant to Sections 2.1(f)(ii), 2.2(g), and 2.3(b)(i) through (iii) without the prior written consent of the Holders of a majority of Registrable Securities. For the avoidance of doubt, as of the date hereof and excluding the rights granted by the Company to the Existing Registration Rights Holders pursuant to the Existing Registration Rights Agreement, no such violative or superior rights have been granted by the Company to any Person.
