Authorized Sublicensee definition
Examples of Authorized Sublicensee in a sentence
Notwithstanding anything else in this Agreement to the contrary, the End Users and Authorized Sublicensees of HSNS shall not have any right or otherwise be entitled to assert any claim against LTD under this Agreement as a third party beneficiary or otherwise, and LTD shall have no duty or responsibility in connection with this Agreement to any such End User or Authorized Sublicensee.
Prior to any such termination, Protox shall use commercially reasonable efforts to assist Kissei to find an Authorized Sublicensee to pursue the development and sale of a Product for such 2nd Indication or 3rd Indication in the Territory.
If Kissei or its Authorized Sublicensee decides to pursue the development and sale of such Product, Kissei will provide Protox with a copy of its development plan for such Product, the process set out above in this Article 6 shall apply and Kissei or its Authorized Sublicensee shall use commercially reasonable efforts to implement such development plan.
If Kissei or its Authorized Sublicensee decides not pursue development and sales of such Product, then Protox shall have the right, in its sole discretion, to terminate the licenses granted to Kissei under paragraphs 2.01 and 2.02 with respect to such indication and Protox or its Affiliates or other licensees shall have the right to pursue the development and sale of a Product for such indication in the Territory.
Phenomix, its Affiliates and its Authorized Sublicensee shall not reduce the royalties owing to * * * on Net Sales of any Licensed Product in any country by the amount of any royalty paid to a third party.