Existing Sublicensees definition
Existing Sublicensees means the Third Party sublicensees that are parties to the Existing Sublicenses. Existing Sublicensees exclude UCSD Pharmacy.
Existing Sublicensees means ▇▇▇▇▇▇ GmbH, The BOC Group, PLC and Air Liquide S.A. pursuant to existing sublicenses, as such agreements exist on the date hereof (the “Existing Sublicenses”). Purchasers represent and warrant that (i) except as set forth in the immediately preceding sentence, there are no sublicenses granted by AGA or its affiliates related to either of the Anaquest Agreement or the AGA License Agreement and (ii) as of the date hereof, AGA is entitled to a royalty from the Existing Sublicensees, as a group, in an aggregate payment in the approximate amount of 30% of the net sales by the Existing Sublicensees, under their existing agreements, taken as a whole. In the event that any Existing Sublicense with an unaffiliated Existing Sublicensee is amended or succeeded to in any manner which directly or indirectly impacts (whether adversely or not) the Quarterly Payments payable (or that could become payable) to Seller (or its designees) hereunder (including, without limitation, any amendment or the entering into of any successor agreement which affects the geographic scope of, the products covered by or the royalty payments payable under any Existing Sublicense), then the Existing Sublicensee affected by such amendment shall thereafter be treated as a Future Sublicensee (as defined below) only to the extent the Existing Sublicense is changed by such amendment or successor agreement.
Examples of Existing Sublicensees in a sentence
CONFIDENTIAL SETTLEMENT AGREEMENT 3 Amounts due to AnaptysBio under Section 2.1(b) shall be reported and paid to AnaptysBio within [*] ([*]) days after the end of the calendar quarter in which the royalties or milestone payments are received from the Existing Sublicensees.