Common use of Outbound Licenses Clause in Contracts

Outbound Licenses. The Obligors shall not, and shall not permit any of their Subsidiaries to, enter into or become or remain bound by any outbound license, including any collaboration or development agreement, of Intellectual Property of any Obligor or any of its Subsidiaries other than Permitted Licenses.

Appears in 4 contracts

Samples: Credit Agreement (Nevro Corp), Credit Agreement (Allurion Technologies, Inc.), Bridging Agreement (Allurion Technologies Holdings, Inc.)

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Outbound Licenses. The Obligors Except as otherwise consented to in writing by the Administrative Agent (such consent not to be unreasonably withheld), no Obligor shall, nor shall not, and shall not it permit any of their its Subsidiaries to, enter into or become or remain bound by any outbound license, including any collaboration covenant not to sue or development agreement, other grant of rights or immunities under Intellectual Property of owned by or licensed to any Obligor or any of its Subsidiaries other than Subsidiaries, except for pursuant to Permitted Licenses.

Appears in 3 contracts

Samples: Credit Agreement and Guaranty and Revenue Interest Financing Agreement (Impel Pharmaceuticals Inc), Credit Agreement and Guaranty and Revenue Interest Financing Agreement (Impel Pharmaceuticals Inc), Credit Agreement (Impel Pharmaceuticals Inc)

Outbound Licenses. The Obligors No Obligor shall, nor shall not, and shall not it permit any of their its Subsidiaries to, enter into or become or remain bound by any outbound license, including any collaboration covenant not to sue or development agreementother grant of rights or immunities under Material Intellectual Property, of Intellectual Property of any Obligor or any of its Subsidiaries other than except for Permitted Licenses.

Appears in 2 contracts

Samples: Credit Agreement (Harrow Health, Inc.), Credit Agreement and Guaranty (Verona Pharma PLC)

Outbound Licenses. The Obligors No Obligor shall, nor shall not, and shall not it permit any of their its Subsidiaries to, enter into or become or remain bound by any outbound license, including any collaboration covenant not to sue or development agreementother similar grant of rights under Material Intellectual Property, of Intellectual Property of any Obligor or any of its Subsidiaries other than except for pursuant to Permitted Licenses.

Appears in 1 contract

Samples: Credit Agreement (Fractyl Health, Inc.)

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Outbound Licenses. The Obligors No Obligor shall, nor shall not, and shall not it permit any of their its Subsidiaries to, enter into or become or remain bound by any outbound license, including any collaboration covenant not to xxx or development agreementother grant of rights or immunities under Material Intellectual Property, of Intellectual Property of any Obligor or any of its Subsidiaries other than except for Permitted Licenses.

Appears in 1 contract

Samples: Credit Agreement (Establishment Labs Holdings Inc.)

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