Further Sublicense definition

Further Sublicense and “Further Sublicensee” shall bear the meaning assigned to such terms in Section 6.3 below.

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Further Sublicense means a sublicense granted by a Sublicensee to a third party, of any or all of the rights granted hereunder to such Sublicensee. For the avoidance of doubt, a Further Sublicense is not, nor does it include, any Sublicense, and vice versa.

Further Sublicense means any agreement between a Sublicensee and an entity that is not an Affiliate of such Sublilcensee that contains a grant to Stanford’s Licensed Patents regardless of the name given to the agreement by the parties; excluding any agreement to make, have made, use or sell Licensed Products on behalf of such Sublicensee or any agreement with a third party performing activities on behalf of such Sublicensee, such as a contract research organization, clinical trial site, manufacturing organization, or distributor.

Examples of Further Sublicense in a sentence

• A Further Sublicense may only be granted to the extent that the Sublicensee deems it to be reasonably needed for the development, seeking of Marketing Approval or other regulatory approval (including conducting pre-clinical and clinical trials), manufacture and/or commercialization of Sublicensed Product(s), and/or the maximization of Sales of such product(s).

• Teva shall provide Cell Cure with an executed copy of each Sublicense agreement (including any Further Sublicense agreements – to the extent available to Teva) provided that Teva may redact information or parts of any such agreement that are not material to Cell Cure or that are subject to obligations of confidentiality, within thirty (30) days of execution of the relevant Sublicense agreement and shall require any Sublicensee to do the same.

• If Surrozen does not notify and provide a copy of the Further Sublicense to Stanford University Office of Technology Licensing of a Further Sublicense within at least [****] after the grant of such Further Sublicense, Surrozen agrees that it will pay [****] to Stanford.

• Further, Sublicense Fees do not include any amounts paid by a Sublicensee to Licensee that are equivalent to the sum MEEI would otherwise have received in Milestone Payments from Licensee if Licensed Products were sold directly by Licensee.

• In the event of a Bankruptcy Event of Sublicensee, Sublicensee shall, during the [***] period following such Bankruptcy Event, seek to enter into one or several Further Sublicense Agreements for the Territory with one or several Further Sublicensees, subject to the Sublicensor’s prior written approval.

• Each Further Sublicense shall terminate upon termination of this Agreement unless (a) terminated by Sublicensee pursuant to Section 10.1(d)(i), or (b) Sublicensee has previously assigned its rights under the Further Sublicense to Sublicensor and Sublicensor has agreed at its sole discretion in writing to such assignment.

• For purposes of clarification, if Sublicensor ceases to be a Qualified Entity, any sublicense rights of Sublicensee (and any Further Sublicense Agreement granted by Sublicensee) shall immediately and automatically terminate without the further act of any party.

• Each Further Sublicense granted by Sublicensee under this Agreement shall provide for its termination upon termination of this Agreement.

• Teva shall provide Rexahn with an executed copy of each Sublicense agreement (including any Further Sublicense agreements – to the extent available to Teva) provided that Teva may redact information or parts of any such agreement that is not material to Rexahn or that is subject to obligations of confidentiality, within thirty (30) days of execution of the relevant Sublicense Agreement, and shall require any Sublicensee to do the same.

• Sublicensee will promptly notify Licensor and Sublicensor of the execution of each Further Sublicense Agreement, and provide Licensor and Licensee with a copy of such executed Further Sublicense Agreement.

More Definitions of Further Sublicense

Further Sublicense means the further sublicense of the Sublicense to any person or entity by Sublicensee pursuant to the terms and conditions of this Agreement.

Further Sublicense and "Further Sublicense Agreement" shall be construed accordingly. For the avoidance of doubt, a Third Party contract manufacturer of Sublicensed Products on behalf of Sublicensee shall not be considered a Further Sublicensee for the purpose of this Agreement.