Common use of Sublicense Upon Sale of a Business Clause in Contracts

Sublicense Upon Sale of a Business. Sublicensee shall have the right to further sublicense a third party under all or any portion of the rights and sublicenses granted herein in connection with the sale, transfer or other disposition to that third party of a portion of Sublicensee’s or any of its Affiliates’ business related to this Agreement (a “Spin-Out”), and any such sublicensee shall have the same right to grant further sublicenses to another third party in connection with any further sale, transfer or other disposition of a material portion of the Spin-Out. All sublicenses granted pursuant to this Subsection 2.2.3 shall be limited to Licensed Products having substantially similar specifications as those Licensed Products sold, licensed or under development by Sublicensee within the scope of the Spin-Out immediately prior to the sale, transfer or other disposition of the Spin-Out by Sublicensee, and future versions of such Licensed Products In addition, the sublicense granted under this Section 2.2.3 is limited to the following gross revenue amounts:

Sublicense Upon Sale of a Business. Sublicensee and its Affiliates shall have the right to further sublicense a third party under all or any portion of the rights and sublicenses granted herein in connection with the sale, transfer or other disposition to that third party of a portion of Sublicensee’s or any of its Affiliates’ business related to this Agreement (a “Spin-Out”), and any such sublicensee shall have the same right to grant further sublicenses to another third party in connection with any further sale, transfer or other disposition of a material portion of the Spin-Out. All sublicenses granted pursuant to this Subsection 2.2.3 2.2.2 shall be limited to Licensed Products having substantially similar specifications as those Licensed Products sold, licensed or under development by Sublicensee and its Affiliates within the scope of the Spin-Out immediately prior to the sale, transfer or other disposition of the Spin-Out by SublicenseeOut, and future versions of such Licensed Products Products. In addition, the sublicense granted under this Section 2.2.3 2.2.2 is limited to the following gross revenue amounts:

Sublicense Upon Sale of a Business. Sublicensee and its Affiliates shall have the right to further sublicense a third party under all or any portion of the rights and sublicenses granted herein in connection with the sale, transfer or other disposition to that third party of a portion of Sublicensee’s or any of its Affiliates’ business related to this Agreement (a “Spin-Out”), and any such sublicensee shall have the same right to grant further sublicenses to another third party in connection with any further sale, transfer or other disposition of a material portion of the Spin-Out. All sublicenses granted pursuant to this Subsection 2.2.3 2.2.2 shall be limited to Licensed Products having substantially similar specifications as those Licensed Products sold, licensed or under development by Sublicensee and its Affiliates within the scope of the Spin-Out immediately prior to the sale, transfer or other disposition of the Spin-Out by SublicenseeOut, and future versions of such Licensed Products In addition, the sublicense granted under this Section 2.2.3 2.2.2 is limited to the following gross revenue amounts: