Common use of SUBLICENSING AND ASSIGNMENT Clause in Contracts

SUBLICENSING AND ASSIGNMENT. Controlled Affiliate shall not, directly or indirectly, sublicense, transfer, hypothecate, sell, encumber or mortgage, by operation of law or otherwise, the rights granted hereunder and any such act shall be voidable at the sole option of Plan or BCBSA. This Agreement and all rights and duties hereunder are personal to Controlled Affiliate.

Appears in 94 contracts

Samples: Blue Cross License Agreement (Elevance Health, Inc.), License Agreement (Elevance Health, Inc.), License Agreement (Anthem, Inc.)

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SUBLICENSING AND ASSIGNMENT. Controlled Affiliate shall not, directly or indirectly, not sublicense, transfer, hypothecate, sell, encumber or mortgage, by operation of law or otherwise, the rights granted hereunder and any such act shall be voidable at the sole option of Plan or BCBSA. This Agreement and all rights and duties hereunder are personal to Controlled Affiliate.

Appears in 56 contracts

Samples: License Agreement (Elevance Health, Inc.), Blue Cross License Agreement (Elevance Health, Inc.), License Agreement (Anthem, Inc.)

SUBLICENSING AND ASSIGNMENT. Controlled Affiliate shall not, directly or indirectly, sublicense, transfer, hypothecate, sell, encumber or mortgage, by operation of law or otherwise, the rights granted hereunder and any such act shall be voidable at the sole option of any Controlling Plan or BCBSA. This Agreement and all rights and duties hereunder are personal to Controlled Affiliate.

Appears in 30 contracts

Samples: Blue Cross License Agreement (Elevance Health, Inc.), License Agreement (Elevance Health, Inc.), License Agreement (Anthem, Inc.)

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SUBLICENSING AND ASSIGNMENT. Controlled Affiliate shall not, directly or indirectly, not sublicense, transfer, hypothecate, sell, encumber or mortgage, by operation of law or otherwise, the rights granted hereunder and any such act shall be -2- voidable at the sole option of Plan or BCBSA. This Agreement and all rights and duties hereunder are personal to Controlled Affiliate.

Appears in 2 contracts

Samples: License Agreement (Rightchoice Managed Care Inc), License Agreement (Rightchoice Managed Care Inc)

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