Common use of Sublicensing Third Party Contracts Clause in Contracts

Sublicensing Third Party Contracts. To the extent either (a) Biogen identifies any inbound Intellectual Property license that would fall within the scope of Biogen Shared Intellectual Property or (b) Bioverativ identifies any inbound Intellectual Property license that would fall within the scope of Bioverativ Shared Intellectual Property, such Party shall provide a non-exclusive sublicense to the other party under such agreement in accordance with the terms of such agreement, provided, that such sublicense (x) is not prohibited by the applicable agreement, and (y) would not give rise to additional costs to the sublicensing party, unless the sublicensed party agrees to pay for any such additional costs.

Appears in 4 contracts

Samples: Intellectual Property License Agreement, Intellectual Property License Agreement, Intellectual Property License Agreement (Bioverativ Inc.)

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