Common use of Existing Third Party Agreements Clause in Contracts

Existing Third Party Agreements. Subject to Section 8.7(c), Licensee shall be responsible for *** of payments owed by Company under the *** as a result of the activities of Licensee, its Affiliates, or its Sublicensees in connection with this Agreement. Promptly after the Execution Date, Company will approach *** to seek a right to sublicense its rights under *** to Licensee and its Affiliates within the scope of this Agreement.

Appears in 3 contracts

Samples: Development and License Agreement (Immunomedics Inc), Development and License Agreement (Immunomedics Inc), Development and License Agreement (Immunomedics Inc)

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Existing Third Party Agreements. Subject to Section 8.7(c), Licensee shall be responsible for [*** ] of payments owed by Company under the [*** ] as a result of the activities of Licensee, its Affiliates, or its Sublicensees in connection with this Agreement. Promptly after the Execution Date, Company will approach [*** ] to seek a right to sublicense its rights under [*** ] to Licensee and its Affiliates within the scope of this Agreement.

Appears in 1 contract

Samples: Development and License Agreement (Seattle Genetics Inc /Wa)

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Existing Third Party Agreements. Subject to Section 8.7(c), Licensee shall be responsible for **[ * ] of payments owed by Company under the **[ * ] as a result of the activities of Licensee, its Affiliates, or its Sublicensees in connection with this Agreement. Promptly after the Execution Date, Company will approach **[ * ] to seek a right to sublicense its rights under **[ * ] to Licensee and its Affiliates within the scope of this Agreement.

Appears in 1 contract

Samples: Development and License Agreement (Seattle Genetics Inc /Wa)

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