Common use of Outbound Licenses Clause in Contracts

Outbound Licenses. It will not, and will not permit any of its Subsidiaries to, enter into or become bound by any outbound license or agreement unless such outbound license or agreement is a Permitted License.

Appears in 11 contracts

Samples: Credit Agreement and Guaranty (GeneDx Holdings Corp.), Credit Agreement and Guaranty (Biodesix Inc), Credit Agreement and Guaranty (Biodesix Inc)

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Outbound Licenses. It will not, and will not permit any of ensure that its Subsidiaries towill not, enter into or become bound by any outbound license or agreement unless such outbound license or agreement is a Permitted License.

Appears in 2 contracts

Samples: Credit Agreement (Zymeworks Inc.), Credit Agreement (Zymeworks Inc.)

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Outbound Licenses. It will not, and will not permit any of its Subsidiaries to, enter into or become bound by any outbound license or agreement for use of such Obligor’s Intellectual Property unless such outbound license or agreement is a Permitted License.

Appears in 1 contract

Samples: Credit Agreement (Chembio Diagnostics, Inc.)

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