Common use of Responsibility for Affiliates Clause in Contracts

Responsibility for Affiliates. Akouos shall have the right to cause the performance by any of its Affiliates of some or all of Akouos’ obligations hereunder. Akouos shall be responsible and liable for any and all acts or omissions of its Affiliates in connection with the exercise by such Affiliates of their rights granted hereunder and their performance of any of Akouos’ obligations hereunder. If MEE has a claim arising under this Agreement against an Affiliate, MEE may seek a remedy directly against Akouos and may, but is not required to, seek a remedy against the Affiliate. Any termination of the Agreement under Article 10 as to Akouos also constitutes termination as to any Affiliates.

Appears in 2 contracts

Samples: License Agreement (Akouos, Inc.), License Agreement (Akouos, Inc.)

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Responsibility for Affiliates. Akouos shall have the right to cause the performance by any of its Affiliates of some or all of Akouos’ obligations hereunder. Akouos shall be responsible and liable for any and all acts or omissions of its Affiliates in connection with the exercise by such Affiliates of their rights granted hereunder and their performance of any of Akouos’ obligations hereunder. If MEE Lonza has a claim arising under this Agreement against an Affiliate, MEE Lonza may seek a remedy directly against Akouos and may, but is not required to, seek a remedy against the Affiliate. Any termination of the Agreement under Article 10 as to Akouos also constitutes termination as to any Affiliates.

Appears in 2 contracts

Samples: Sublicense Agreement (Akouos, Inc.), Sublicense Agreement (Akouos, Inc.)

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