Common use of SUBLICENSES TO SUBSIDIARIES Clause in Contracts

SUBLICENSES TO SUBSIDIARIES. Subject to the terms and conditions of this License, including all applicable Quality Standards and Trademark Usage Guidelines and other restrictions in this License, Purchaser may grant sublicenses to its Subsidiaries to use the Licensed Marks in accordance with the license grant in Section 2.1 above; provided, that: (a) Purchaser enters into a written sublicense agreement with each such Subsidiary sublicensee, and (b) such agreement does not include the right to grant further sublicenses, except as set forth in Section 3.2 below. If Purchaser grants any sublicense rights pursuant to this Section 3.1 and any such sublicensed Subsidiary ceases to be a Subsidiary, then the sublicense granted to such Subsidiary pursuant to this Section 3.1 shall terminate immediately upon the date of such cessation.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Avago Technologies LTD), Purchase and Sale Agreement (Avago Technologies LTD), Purchase and Sale Agreement (Avago Technologies LTD)

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SUBLICENSES TO SUBSIDIARIES. Subject to the terms and conditions of this License, including all applicable the Seller Quality Standards and Seller Trademark Usage Guidelines and other restrictions in this License, Purchaser may grant sublicenses to its Subsidiaries to use the Licensed Marks in accordance with the license grant in Section 2.1 above; provided, that: (a) Purchaser enters into a written sublicense agreement with each such Subsidiary sublicensee, and (b) such agreement does not include the right to grant further sublicenses, except as set forth in Section 3.2 below. If Purchaser grants any sublicense rights pursuant to this Section 3.1 and any such sublicensed Subsidiary ceases to be a Subsidiary, then the sublicense granted to such Subsidiary pursuant to this Section 3.1 shall terminate immediately upon the date of such cessation.

Appears in 1 contract

Samples: Asset Purchase Agreement (Avago Technologies LTD)

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SUBLICENSES TO SUBSIDIARIES. Subject to the terms and conditions of this LicenseAgreement, including all applicable Quality Standards and Trademark Usage Guidelines and other restrictions in this LicenseAgreement, Purchaser may grant sublicenses to its Subsidiaries to use the Licensed Marks in accordance with the license grant in Section 2.1 3.1 above; provided, that: that (ai) Purchaser enters into a written sublicense agreement with each such Subsidiary sublicensee, and (bii) such agreement does not include the right to grant further sublicenses, except as set forth in Section 3.2 below. If Purchaser grants any sublicense rights pursuant to this Section 3.1 4.1(a) and any such sublicensed Subsidiary ceases to be a Subsidiary, then the sublicense granted to such Subsidiary pursuant to this Section 3.1 4.1(a) shall terminate immediately upon the date of such cessation.

Appears in 1 contract

Samples: Asset Purchase Agreement (Agilent Technologies Inc)

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