Common use of Licenses to Affiliates Clause in Contracts

Licenses to Affiliates. Each Party shall, at the other Party's reasonable request, enter into license agreements directly with the other Party's Affiliates, in lieu of the license grant to the requesting Party; provided such agreements would not decrease the amount which would be owed hereunder. Such agreements shall contain the same language as contained herein with appropriate changes in parties and territory, and this Agreement shall be amended as appropriate. No such license agreement will relieve Warner or GenVec, as the case may be, of its obligations hereunder, and such Party will guarantee the obligations of its Affiliate in any such agreement.

Appears in 2 contracts

Samples: Development and Collaboration Agreement (Genvec Inc), Development and Collaboration Agreement (Genvec Inc)

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Licenses to Affiliates. Each Party shall, at the other Party's ---------------------- reasonable request, enter into license agreements directly with the other Party's Affiliates, in lieu of the license grant to the requesting Party; provided such agreements would not decrease the amount which would be owed hereunder. Such agreements shall contain the same language as contained herein with appropriate changes in parties and territory, and this Agreement shall be amended as appropriate. No such license agreement will relieve Warner or GenVec, as the case may be, of its obligations hereunder, and such Party will guarantee the obligations of its Affiliate in any such agreement.

Appears in 2 contracts

Samples: Development and Collaboration Agreement (Genvec Inc), Development and Collaboration Agreement (Genvec Inc)

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