Common use of Sublicense Clause in Contracts

Sublicense. (a) The license granted in Paragraph 2.1 includes the right of LICENSEE to grant Sublicenses to third parties during the Term but only for as long as the license to Patent Rights is exclusive. (b) With respect to Sublicense granted pursuant to Paragraph 2.2(a), LICENSEE shall: (i) not receive, or agree to receive, anything of value in lieu of cash as consideration from a third party under Sublicense without the express written consent of UNIVERSITY; (ii) to the extent applicable, include all of the rights of and obligations due to UNIVERSITY (and, if applicable, the sponsor’s rights) and contained in this Agreement; (iii) promptly provide UNIVERSITY with a copy of each Sublicense issued; and (iv) collect and guarantee payment of all payments due, directly or indirectly, to UNIVERSITY from Sublicensees and summarize and deliver all reports due, directly or indirectly, to UNIVERSITY from Sublicensees. (c) Upon termination of this Agreement for any reason, UNIVERSITY, at its sole discretion, shall determine whether LICENSEE shall cancel or assign to UNIVERSITY any and all Sublicenses. For the avoidance of doubt, AFFILIATES’ rights extended by LICENSEE also terminate upon termination of this Agreement.

Appears in 5 contracts

Sources: License Agreement (Intrinsic Medicine, Inc.), License Agreement (Intrinsic Medicine, Inc.), Openflow License Agreement

Sublicense. (a) The license granted in Paragraph 2.1 includes the right of LICENSEE to grant Sublicenses to third parties during the Term but only for as long as the license to Patent Rights is exclusive. (b) With respect to Sublicense granted pursuant to Paragraph 2.2(a), LICENSEE shall: (i) not receive, or agree to receive, anything of value in lieu of cash as consideration from a third party under Sublicense without the express written consent of UNIVERSITY; (ii) to the extent applicable, include all of the rights of and obligations due to UNIVERSITY (and, if applicable, the sponsor’s 's rights) and contained in this Agreement; (iii) promptly provide UNIVERSITY with a copy of each Sublicense issued; and (iv) collect and guarantee payment of all payments due, directly or indirectly, to UNIVERSITY from Sublicensees and summarize and deliver all reports due, directly or indirectly, to UNIVERSITY from Sublicensees. (c) Upon termination of this Agreement for any reason, UNIVERSITY, at its sole discretion, shall determine whether LICENSEE shall cancel or assign to UNIVERSITY any and all Sublicenses. For the avoidance of doubt, AFFILIATES' rights extended by LICENSEE also terminate upon termination of this Agreement.

Appears in 2 contracts

Sources: License Agreement (Global Cancer Technology, Inc.), License Agreement (Global Cancer Technology, Inc.)

Sublicense. (a) The license granted in Paragraph 2.1 includes the right of LICENSEE to grant Sublicenses sublicenses of Patent Rights to third parties during the Term but only for as long as the license to Patent Rights is exclusive. (b) With respect to Sublicense sublicense granted pursuant to Paragraph 2.2(a), LICENSEE shall: (i1) not receive, or agree to receive, anything of value in lieu of cash as consideration considerations from a third party under Sublicense a sublicense granted pursuant to Paragraph 2.2(a) without the express written consent of UNIVERSITY; (ii2) to the extent applicable, include all of the rights of and obligations due to UNIVERSITY (and, if applicable, the sponsorSponsor’s rightsRights) and contained in this Agreement; (iii3) promptly provide UNIVERSITY with a copy of each Sublicense sublicense issued; and (iv4) collect and guarantee payment of all payments due, directly or indirectly, to UNIVERSITY from Sublicensees and summarize and deliver all reports due, directly or indirectly, to UNIVERSITY from Sublicensees. (c) Upon termination of this Agreement for any reason, UNIVERSITY, at its sole discretion, shall determine whether LICENSEE shall cancel or assign to UNIVERSITY any and all Sublicenses. For the avoidance of doubt, AFFILIATES’ rights extended by LICENSEE also terminate upon termination of this Agreementsublicenses.

Appears in 2 contracts

Sources: Settlement Agreement (Repligen Corp), Settlement Agreement (Repligen Corp)

Sublicense. (a) The license granted in Paragraph 2.1 hereof includes the right of LICENSEE to grant Sublicenses sublicenses to third parties during the Term but only for as long as the license to Patent Rights is exclusive. (b) With respect to Sublicense sublicenses granted pursuant to Paragraph 2.2(a)) hereof, LICENSEE shall: (i1) not receive, or agree to receive, anything of value in lieu of cash as consideration from a third party under Sublicense a sublicense granted pursuant to Paragraph 2.2(a) without the express written consent of UNIVERSITY;; and (ii2) to the extent applicable, include all of the rights tights of and obligations due to UNIVERSITY (and, if applicable, the sponsorSponsor’s rightsRights) and contained in this Agreement;; and (iii3) promptly provide UNIVERSITY with a copy of each Sublicense sublicense issued; and (iv4) collect and guarantee payment of all payments due, directly or indirectly, to UNIVERSITY from Sublicensees and summarize and deliver all reports due, directly or indirectly, to UNIVERSITY from Sublicensees. (c) Upon termination of this Agreement for any reason, UNIVERSITY, at its sole discretion, shall determine whether LICENSEE shall cancel or assign to UNIVERSITY any and all Sublicenses. For the avoidance of doubt, AFFILIATES’ rights extended by LICENSEE also terminate upon termination of this Agreement.sublicenses

Appears in 1 contract

Sources: License Agreement (Celladon Corp)

Sublicense. (a) The license granted in Paragraph Section 2.1 includes the right of LICENSEE to grant Sublicenses to third parties during the Term but only for as long as the license to Patent Rights is exclusive. (b) With respect to Sublicense granted pursuant to Paragraph 2.2(a), LICENSEE shall: (i) not receive, or agree to receive, anything of value in lieu of cash as consideration from a third party under a Sublicense granted pursuant to Paragraph 2.2(a) without the express written consent of UNIVERSITY; (ii) to the extent applicable, include all of the rights of and obligations due to UNIVERSITY (and, if applicable, the sponsor’s rightsSponsor's Rights) and contained in this Agreement; (iii) promptly provide UNIVERSITY with a copy of each Sublicense issued; and (iv) collect and guarantee payment of all payments due, directly or indirectly, to UNIVERSITY from Sublicensees and summarize and deliver all reports due, directly or indirectly, to UNIVERSITY from Sublicensees. (c) Upon termination of this Agreement for any reason, UNIVERSITY, at its sole discretion, shall determine whether LICENSEE shall cancel or assign to UNIVERSITY any and all Sublicenses. For the avoidance of doubt, AFFILIATES’ rights extended by LICENSEE also terminate upon termination of this Agreement.

Appears in 1 contract

Sources: License Agreement (ComHear, Inc.)

Sublicense. (a) The license granted in Paragraph 2.1 includes the right of LICENSEE to grant Sublicenses to Affiliates or third parties during the Term but only for as long as the license is exclusive (except in the case of US Patent No. 8,212,009 where the Agreement is nonexclusive). If at any time an Affiliate no longer qualifies as an Affiliate under this Agreement, then any sublicense to Patent Rights is exclusivethe former Affiliate has to satisfy the requirements of paragraph 2.2(b). (b) With respect to Sublicense granted to third parties pursuant to Paragraph 2.2(a), LICENSEE shall: (i) not receive, or agree to receive, anything of value in lieu of cash as consideration from a third party under a Sublicense granted pursuant to Paragraph 2.2(a) without the express written consent of UNIVERSITY; (ii) to the extent applicable, include all of the rights of and obligations due to UNIVERSITY (and, if applicable, the sponsorSponsor’s rightsRights) and contained in this Agreement; (iii) promptly provide UNIVERSITY with a copy of each Sublicense issued; and (iv) collect and guarantee payment of all payments due, directly or indirectly, to UNIVERSITY from Sublicensees and summarize and deliver all reports due, directly or indirectly, to UNIVERSITY from Sublicensees. (c) Upon termination of this Agreement for any reason, UNIVERSITY, at its sole discretion, shall determine whether LICENSEE shall cancel or assign to UNIVERSITY any and all Sublicenses. For the avoidance of doubt, AFFILIATES’ rights extended by LICENSEE also terminate upon termination of this Agreement.

Appears in 1 contract

Sources: License Agreement (GTX Inc /De/)

Sublicense. (a) The license granted in Paragraph 2.1 includes the right of LICENSEE to grant Sublicenses to third parties during the Term but only for as long as the license to Patent Rights is exclusive. (b) With respect to Sublicense Sublicenses granted pursuant to Paragraph 2.2(a), LICENSEE shall: (i) not receive, or agree to receive, anything of value in lieu of cash as consideration from a third party under a Sublicense granted pursuant to Paragraph 2.2(a) without the express written consent of UNIVERSITY; (ii) to the extent applicable, include all of the rights of and obligations due to UNIVERSITY LICENSORS (and, if applicable, the sponsorSponsor’s rightsRights) and contained in this Agreement; (iii) promptly provide UNIVERSITY with a copy of each Sublicense issued; and (iv) collect and guarantee payment of all payments due, directly or indirectly, to UNIVERSITY from Sublicensees and summarize and deliver all reports due, directly or indirectly, to UNIVERSITY from Sublicensees. (c) Upon termination of this Agreement for any reason, UNIVERSITY, at its sole discretion, shall determine whether LICENSEE shall cancel or may assign to UNIVERSITY any and all Sublicenses. For Unassigned sublicenses are no longer in effect with respect to Patent Rights as of the avoidance of doubt, AFFILIATES’ rights extended by LICENSEE also terminate upon termination of this Agreement.

Appears in 1 contract

Sources: License Agreement (Adamis Pharmaceuticals Corp)