Common use of Effect of Termination on Sublicenses Clause in Contracts

Effect of Termination on Sublicenses. Any sublicenses granted by Company under this Agreement shall provide for termination or assignment to Hospital of Company’s interest therein, at the option of Hospital, upon termination of this Agreement or upon termination of any license hereunder under which such sublicense has been granted.

Appears in 13 contracts

Samples: Exclusive Patent License Agreement (HealthCor Catalio Acquisition Corp.), Exclusive Patent License Agreement (HealthCor Catalio Acquisition Corp.), Exclusive Patent License Agreement (ArcherDX, Inc.)

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Effect of Termination on Sublicenses. Any sublicenses granted by Company under this Agreement shall provide for termination or assignment to Hospital of Company’s interest thereinsuch sublicense in the applicable territory, at the option of Hospital, upon termination of this Agreement (or upon termination of any license hereunder under which such sublicense has been granteda territory, as applicable).

Appears in 2 contracts

Samples: Exclusive Patent License Agreement (Candel Therapeutics, Inc.), Exclusive Patent License Agreement (Candel Therapeutics, Inc.)

Effect of Termination on Sublicenses. Any sublicenses granted by Company under this Agreement shall provide for termination or assignment to Hospital of Company’s interest therein, at the option of Hospital, upon termination of this Agreement or upon termination of any license hereunder under which such sublicense has been granted.. ​

Appears in 1 contract

Samples: Exclusive Patent License Agreement (HealthCor Catalio Acquisition Corp.)

Effect of Termination on Sublicenses. Any sublicenses granted by Company COMPANY under this Agreement AGREEMENT shall provide for termination or assignment to Hospital GENERAL of CompanyCOMPANY’s interest therein, at the option of HospitalGENERAL, upon termination of this Agreement AGREEMENT or upon termination of any license hereunder under which such sublicense has been granted.

Appears in 1 contract

Samples: License Agreement (Reliant Technologies Inc)

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Effect of Termination on Sublicenses. Any sublicenses granted by Company under this Agreement shall provide for termination or assignment to Hospital of Company’s 's interest therein, at the option of Hospital, upon termination of this Agreement or upon termination of any license hereunder under which such sublicense has been granted.

Appears in 1 contract

Samples: Exclusive Patent License Agreement (Alopexx, Inc.)

Effect of Termination on Sublicenses. Any sublicenses granted by Company COMPANY under this Agreement AGREEMENT shall provide for termination or assignment to Hospital HOSPITAL of Company’s COMPANY's interest therein, at the option of HospitalHOSPITAL, upon termination of this Agreement AGREEMENT or upon termination of any license hereunder under which such sublicense has been granted.

Appears in 1 contract

Samples: Exclusive License Agreement (Alopexx, Inc.)

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