Sublicensing Rights. (a) The rights granted under the Protea Off Project License may be sub-licensed by LMS to any Third Parties without the need to obtain prior consent from Protea. LMS shall inform Protea of the name of the sub-licensee and the scope of the rights sub-licensed. However, LMS must ask Protea's prior written consent if LMS wishes to sub-license said rights to the Protea restricted entities referred to in Exhibit D. (b) Notwithstanding the foregoing, in the event LMS grants the sub-license referred to in the preceding sub-Section, LMS shall ensure that such sub-license does not adversely impact or otherwise restrict Protea's rights under this Agreement.
Appears in 4 contracts
Samples: Joint Development and License Agreement (AzurRx BioPharma, Inc.), Joint Development and License Agreement (AzurRx BioPharma, Inc.), Joint Development and License Agreement (AzurRx BioPharma, Inc.)
Sublicensing Rights. (a) The rights granted under the Protea LMS Off Project License may be sub-licensed by LMS Protea to any Third Parties without the need to obtain prior consent from ProteaLMS. LMS Protea shall inform Protea LMS of the name of the sub-licensee and the scope of the rights sub-licensed. However, LMS Protea must ask Protea's LMS' prior written consent if LMS Protea wishes to sub-license said rights to the Protea LMS restricted entities referred to in Exhibit D.
(b) Notwithstanding the foregoing, in the event LMS Protea grants the sub-license referred to in the preceding sub-Section, LMS Protea shall ensure that such sub-license does not adversely impact or otherwise restrict Protea's LMS' rights under this Agreement.
Appears in 4 contracts
Samples: Joint Development and License Agreement (AzurRx BioPharma, Inc.), Joint Development and License Agreement (AzurRx BioPharma, Inc.), Joint Development and License Agreement (AzurRx BioPharma, Inc.)