Common use of Right to Sublicense Clause in Contracts

Right to Sublicense. Each Party shall have the right to grant to Third Parties sublicenses under the licenses granted hereunder (except pursuant to Section 5.1(a) and Section 5.2(a)). Notwithstanding the foregoing, the grant of any such sublicenses shall not relieve the sublicensing Party of any of its obligations under this Agreement.

Appears in 5 contracts

Samples: Collaborative Research and License Agreement (Targacept Inc), Collaborative Research and License Agreement (Targacept Inc), Collaborative Research and License Agreement (Targacept Inc)

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Right to Sublicense. Each Party shall will have the right to grant sublicenses, through multiple tiers, of the rights granted to such Party under Section 3.1 (Takeda License Grants; Right of Reference) and Section 3.2 (Licensee License Grants; Right of Reference) (as applicable), to Third Parties sublicenses under the licenses granted hereunder (except pursuant to Section 5.1(aeach, a “Sublicensee”) and Section 5.2(a))to its Affiliates upon written notice to the other Party; [***]. Notwithstanding the foregoing, the grant of In no event will any such sublicenses shall not sublicense relieve the sublicensing either Party of any of its obligations under this Agreement.

Appears in 4 contracts

Samples: License Agreement (Myovant Sciences Ltd.), License Agreement (Myovant Sciences Ltd.), License Agreement (Myovant Sciences Ltd.)

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Right to Sublicense. Each Party shall have the right to grant to Third Parties sublicenses under the licenses granted hereunder (except pursuant to Section 5.1(a) and Section 5.2(a); provided, however, that the grant of any sublicense by Xx. Xxxx shall be subject to compliance with the procedures set forth in Section 3.1(d). Notwithstanding the foregoing, the grant of any such sublicenses shall not relieve the sublicensing Party of any of its obligations under this Agreement.

Appears in 2 contracts

Samples: Collaborative Research, Development and License Agreement (Targacept Inc), Collaborative Research, Development and License Agreement (Targacept Inc)

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