Sub-Licensing for Affiliated Entities. When granting any Access Rights under this PCA, each Party hereby grants, or shall cause any Affiliated Entities owning any Background and/or Results to grant, to any other Party, a royalty-free and fully paid up sub-license right, on any Access Rights to which such Party is granted Access Rights under this PCA, solely and exclusively for the benefit of such Party’s Affiliated Entities, and subject to the condition that such Affiliated Entity undertakes to grant Access Rights to Background or Results, if it owns any in accordance with Section 8.3.1, to all Parties and their Affiliated Entities (subject to such other Affiliated Entities also having accepted the same obligations), on terms identical to Access Rights granted under this PCA by the Parties hereto. In sub-licensing any Access Rights to its Affiliated Entities, each Party shall ensure that its Affiliated Entities are bound by the relevant and applicable rights and obligations provided in this PCA, including without limitation appropriate undertaking as to Confidentiality but excluding obligations to implement the Action and to provide Action deliverables. Access Rights granted to any Affiliated Entity are subject to the conditions attached to the Party granting such sub-license (if any) and subject to continuation of the Access Rights of the Party to which it is affiliated, and shall automatically terminate upon termination of the Access Rights granted to such Party, without affecting the Access Rights granted by, of on behalf, of such Affiliated Entity. For the avoidance of doubt, this Section 9.5 of this PCA is intended to confer a benefit on Affiliated Entities of the Parties by affording them the opportunity to obtain Access Rights, but it shall not oblige any Affiliated Entity of any Party to accept the granting of any Access Rights to it.
Appears in 4 contracts
Samples: Model Project Consortium Agreement, Model Project Consortium Agreement, Project Consortium Agreement
Sub-Licensing for Affiliated Entities. When granting If a Partygrants any Access Rights under this PCAConsortium Agreement (for the purpose of this Section 9.5.1 called “Licensor”) to another Party (for the purpose of this Section 9.5.1 called “Licensee”), each Party hereby grantsthe Licensor shall grant, or shall cause any its Affiliated Entities owning any Background and/or Results to grant, to any other Party, the Licensee a royalty-free and fully paid up sub-license right, on any the respective Access Rights to which such Party is granted Access Rights under this PCARights, solely and exclusively for the benefit of such Partythe Licensee’s Affiliated Entities, and subject to the condition that such Affiliated Entity undertakes to grant Access Rights to Background or Results, if it owns any in accordance with Section 8.3.1, to all Parties and their Affiliated Entities (subject to such other Affiliated Entities also having accepted the same obligations), on terms identical to Access Rights granted under this PCA by the Parties hereto. In sub-licensing any Access Rights to its Affiliated Entities, each Party shall ensure that its Affiliated Entities are bound by the relevant and applicable rights and obligations provided in this PCAConsortium Agreement, including without limitation appropriate undertaking as to Confidentiality but excluding obligations to implement the Action and to provide Action deliverables. Access Rights granted to any Affiliated Entity are subject to the conditions attached to the Party granting such sub-license licence (if any) and subject to continuation of the Access Rights of the Party to which it is affiliated, and shall automatically terminate upon termination of the Access Rights granted to such Party. Affiliated Entities which obtain Access Rights in return shall fulfil all confidentiality and other obligations accepted by the Parties under the Grant Agreement or this Consortium Agreement as if such Affiliated Entities were Parties. Access Rights granted to any Affiliated Entity are subject to the continuation of the Access Rights of the Party to which it is affiliated, without affecting and shall automatically terminate upon termination of the Access Rights granted by, of on behalf, of to such Affiliated Entity. For the avoidance of doubt, this Section 9.5 of this PCA is intended to confer a benefit on Affiliated Entities of the Parties by affording them the opportunity to obtain Access Rights, but it shall not oblige any Affiliated Entity of any Party to accept the granting of any Access Rights to itParty.
Appears in 1 contract
Samples: Consortium Agreement