Rights Granted to Third Parties Sample Clauses

Rights Granted to Third Parties. (a) The Licensee acknowledges that certain third-party rights related to the Technology exist through: (i) an Inter-Institutional Memorandum of Understanding between UBC and the University of Papua New Guinea (“UPNG”); and (ii) a Memorandum of Understanding between the Agency for Marine and Fisheries Research of the Ministry of Marine Affairs and Fisheries of the Republic of Indonesia (“IND Agency”) and UBC (in this Section 3.4, collectively the “Third Party Agreements”). (b) In the Third Party Agreements, among other rights, both UPNG and IND Agency are entitled to have UBC make reasonable efforts to ensure that agreements provide for at-cost access to products that result from the commercialization of certain of the Technology and a share of the consideration received by the Licensor under this Agreement, including the Licensor’s Shares. (c) UBC shall be fully responsible for any and all payments required to be made to UPNG and IND Agency under the Third Party Agreements. (d) Each of UBC and BCCA hereby represents and warrants that it has the corporate power and authority to grant the license to the Technology and the other rights under this Agreement. Except as disclosed by UBC under this Agreement, UBC represents and warrants that there are no terms and/or conditions under the Third Party Agreements which would prevent or restrict it from granting the rights granted to the Licensee under this Agreement.
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Rights Granted to Third Parties. Except as set forth on Schedule 5.1.5, Seller has not executed or granted to any third party, or entered into any agreement for, any license or other right to manufacture, market, or distribute the Products.
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Related to Rights Granted to Third Parties

  • No Third Parties Nothing in this Agreement is intended to, nor shall it confer any rights on a third party.

  • Disclosure to Third Parties The Company shall have the right to disclose to third parties, in whatever manner the Company may determine, the fact that this Agreement has been executed, the names of the parties to this Agreement and the terms hereof.

  • Liability to Third Parties The Member shall not be liable for the debts, obligations or liabilities of the Company, including under a judgment, decree or order of a court.

  • No Rights in Third Parties This Agreement does not create any rights in, or inure to the benefit of, any third party except as expressly provided herein.

  • No Third-Party Rights Created Hereby The provisions of this Agreement are solely for the purpose of defining the interests of the Partners, inter se; and no other person, firm or entity (i.e., a party who is not a signatory hereto or a permitted successor to such signatory hereto) shall have any right, power, title or interest by way of subrogation or otherwise, in and to the rights, powers, title and provisions of this Agreement. No creditor or other third party having dealings with the Partnership (other than as expressly set forth herein with respect to Indemnitees) shall have the right to enforce the right or obligation of any Partner to make Capital Contributions or loans to the Partnership or to pursue any other right or remedy hereunder or at law or in equity. None of the rights or obligations of the Partners herein set forth to make Capital Contributions or loans to the Partnership shall be deemed an asset of the Partnership for any purpose by any creditor or other third party, nor may any such rights or obligations be sold, transferred or assigned by the Partnership or pledged or encumbered by the Partnership to secure any debt or other obligation of the Partnership or any of the Partners.

  • Notice to Third Parties Licensee shall give written notice, prior to the first sale of Licensed Product, to any Third Party to which it sells Licensed Product of the restrictions contained in this Section 5, and Licensee shall use its best endeavors, without prejudice to any other provision of this Agreement, to ensure that such Third Parties will undertake to abide by the restrictions contained in this Section 5 and will assist the MPP and Pfizer in securing compliance with this Section 5 and the restrictions which it contemplates.

  • No Third Party Rights Except as expressly provided in this Agreement, this Agreement is intended solely for the benefit of the parties hereto and is not intended to confer any benefits upon, or create any rights in favor of, any Person other than the parties hereto.

  • Sale to Third Party If the Company, after receiving the Sale Notice, fails to exercise its option as provided in Section 3.2, or if it declines to exercise the same, the Participant shall be entitled to transfer the Vested Shares to the third party on the terms contained in the Offer, and shall be entitled to have his Vested Shares transferred on the books of the Company, but only if the third party purchaser agrees to be bound by the terms of this Agreement applicable to Vested Shares. If the Participant fails to close the transfer of his Vested Shares within sixty (60) days after the option of the Company has expired or been waived, the restrictions contained in this Article III shall again apply and must be met prior to effecting any transfer of Vested Shares. Any transfer of Vested Shares by the Participant to any unaffiliated third party shall comply with all applicable securities laws, and the Company may refuse to transfer any Vested Shares unless it receives such assurance and opinions from legal counsel acceptable to the Company that any such transfer is in compliance with all applicable securities laws.

  • Obligations to Third Parties Each party warrants and represents that this Agreement does not conflict with any contractual obligations, expressed or implied, undertaken with any Third Party.

  • No Obligation to Third Parties The execution and delivery of this Agreement shall not be deemed to confer any rights upon, nor obligate either of the parties hereto to, any person or entity not a party to this Agreement.

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