Common use of Palomar Covenants Clause in Contracts

Palomar Covenants. Palomar agrees to include in each Palomar License Agreement covenants that bind the relevant Palomar Licensee in the same manner and to the same extent that Xxxxxxxx is bound by Section 5.4(a), mutatis mutandis (such that Xxxxxxxx is accorded thereunder the rights of a Palomar Licensee under Section 5.4(a) hereof). Further, Palomar agrees to include in each Palomar License Agreement a grant to Xxxxxxxx of third party beneficiary rights to enforce any such provision of such agreement.

Palomar Covenants. Palomar agrees to include in each Palomar License Agreement covenants that bind the relevant Palomar Licensee in the same manner and to the same extent that Xxxxxxxx Gxxxxxxx is bound by Section 5.4(a), mutatis mutandis (such that Xxxxxxxx Gxxxxxxx is accorded thereunder the rights of a Palomar Licensee under Section 5.4(a) hereof). Further, Palomar agrees to include in each Palomar License Agreement a grant to Xxxxxxxx Gxxxxxxx of third party beneficiary rights to enforce any such provision of such agreement.

Palomar Covenants. Palomar agrees to include in each Palomar License Agreement covenants that bind the relevant Palomar Licensee in the same manner and to the same extent that Xxxxxxxx is bound by Section 5.4(a), mutatis mutandis (such that Xxxxxxxx is accorded thereunder the rights of a Palomar Licensee under Section 5.4(a) hereof)). Further, Palomar agrees to include in each Palomar License Agreement a grant to Xxxxxxxx of third party beneficiary rights to enforce any such provision of such agreement.