Common use of Third Party Sublicenses Clause in Contracts

Third Party Sublicenses. (a) Prior to entering into any license with a Third Party to any Patent or other Intellectual Property Rights in the Alfa Territory that pertains to the Compound for use within the Field, Salix shall use its good faith efforts to ensure that such license is sublicensable to Alfa, and if Salix obtains such a license with the Third Party, then, without limiting the scope of the licenses granted by Salix to Alfa pursuant to Sections 4.2.1 – 4.2.4 and Section 4.3, Salix shall, to the extent permitted to do so under such license, grant to Alfa a sublicense to such Patent or Intellectual Property Rights for the purposes set forth in this Agreement.

Appears in 2 contracts

Samples: License Agreement, License Agreement (Salix Pharmaceuticals LTD)

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Third Party Sublicenses. (a) Prior to entering into any license with a Third Party to any Patent or other Intellectual Property Rights in the Alfa Salix Territory that pertains to the Compound for use within the Field, Salix Alfa shall use its good faith efforts to ensure that such license is sublicensable to AlfaSalix, and if Salix Alfa obtains such a license with the Third Party, then, without limiting the scope of the licenses granted by Alfa to Salix to Alfa pursuant to Sections 4.2.1 – 4.2.4 and Section 4.34.1.1 - 4.1.4, Salix Alfa shall, to the extent permitted to do so under such license, grant to Alfa Salix a sublicense to such Patent or Intellectual Property Rights for the purposes set forth in this AgreementSections 4.1.1 - 4.1.4.

Appears in 2 contracts

Samples: License Agreement, License Agreement (Salix Pharmaceuticals LTD)

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