Common use of Sub-licensing Clause in Contracts

Sub-licensing. The licensee shall be entitled to grant sub-licenses of its rights under this Agreement to any person, provided that: 2.3.1 the sub-license shall include obligations on the sub-licensee which are equivalent to the obligations on the Licensee under this Agreement; 2.3.2 the sub-license shall terminate automatically on the termination of this Agreement for any reason; 2.3.3 within 30 days of the grant of any sub-license the Licensee shall provide to Chroma a true copy of it; and 2.3.4 the Licensee shall be responsible for any breach of the sub-license by the sub-licensee, as if the breach had been that of Licensee under this Agreement, and the Licensee shall indemnify Chroma against any loss, damages, costs, claims or expenses which are awarded against or suffered by Chroma as a result of any such breach by the sub-licensee.

Appears in 3 contracts

Samples: Repayable Advance Agreement (Volitionrx LTD), Deed of Novation (Volitionrx LTD), Licensing Agreement (Volitionrx LTD)

AutoNDA by SimpleDocs

Sub-licensing. The licensee Licensee shall be entitled to grant sub-licenses licences of its rights under this Agreement to any person, person provided that: 2.3.1 a. the sub-license licence shall include obligations on the sub-licensee which are equivalent to the obligations on the Licensee under this Agreement; 2.3.2 b. the sub-license licence shall terminate automatically on the termination of this Agreement for any reason; 2.3.3 c. within 30 days of the grant of any sub-license licence the Licensee shall provide to Chroma the owner a true copy of it; and 2.3.4 d. the Licensee shall be responsible for any breach of the sub-license licence by the sub-licensee, as if the breach had been that of the Licensee under this Agreement, and the Licensee shall indemnify Chroma the Owner against any loss, damages, costs, claims or expenses which are awarded against or suffered by Chroma the Owner as a result of any such breach by the sub-licensee.

Appears in 1 contract

Samples: Patent Licensing Agreement (MANTHEY REDMOND Corp)

Sub-licensing. The licensee Licensee shall be entitled to grant sub-licenses of its rights under this Agreement to any person, provided that: 2.3.1 2.1.1 the sub-license shall include obligations on the sub-licensee which are equivalent to the obligations on the Licensee under this Agreement; 2.3.2 2.1.2 the sub-license shall terminate automatically on the termination of this Agreement for any reason; 2.3.3 2.1.3 within 30 days of the grant of any sub-license the Licensee shall provide to Chroma Innovations a true copy of it; and 2.3.4 the 2.1.4 The Licensee shall be responsible for any breach of the sub-license by the sub-licensee, as if the breach had been that of Licensee under this Agreement, and the Licensee shall indemnify Chroma Innovations against any loss, damages, costs, claims or expenses which are awarded against or suffered by Chroma Innovations as a result of any such breach by the sub-licensee.

Appears in 1 contract

Samples: Patent License Agreement (Volitionrx LTD)

AutoNDA by SimpleDocs

Sub-licensing. The licensee Licensee shall be entitled to grant sub-licenses of its rights under this Agreement to any person, provided that: 2.3.1 the sub-license shall include obligations on the sub-licensee which are equivalent to the obligations on the Licensee under this Agreement; 2.3.2 the sub-license shall terminate automatically on the termination of this Agreement for any reason; 2.3.3 within 30 days of the grant of any sub-license the Licensee shall provide to Chroma Innovations a true copy of it; and 2.3.4 the The Licensee shall be responsible for any breach of the sub-license by the sub-licensee, as if the breach had been that of Licensee under this Agreement, and the Licensee shall indemnify Chroma Innovations against any loss, damages, costs, claims or expenses which are awarded against or suffered by Chroma Innovations as a result of any such breach by the sub-licensee.

Appears in 1 contract

Samples: Patent License Agreement (Volitionrx LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!