Sublicensable definition

Sublicensable is defined in Section 1.2.14.

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Sublicensable means that the Seller or one of its Subsidiaries has the right to grant licenses or sublicenses to the Buyer within the scope granted herein without requiring any third party consent or resulting in the payment of royalties or other consideration by the Seller or its Subsidiaries to third parties. Without limiting the representations and warranties set forth in Article III hereof, the Intellectual Property licensed pursuant to this Section 5.10(b) is furnished “as is”, with all faults and without warranty of any kind, express, implied, statutory or otherwise.

Sublicensable means, with respect to a Patent licensed or sublicensed to a Party or any of its Subsidiaries (as applicable, the “SUBLICENSOR”), a Patent as to which, and only to the extent and for such time as, and subject to the conditions under which, the Sublicensor has the right to grant licenses or sublicenses, and extend immunities and additional commitments, to the other Party and its Subsidiaries and their respective Covered Entities within the scope of the licenses, immunities, and additional commitments granted or made under this Agreement without such grant resulting in the payment of royalties or other payments to third parties, except for payments (i) relating to the prosecution or maintenance of Patents, (ii) to Affiliates of the Sublicensor, or (iii) to Persons for inventions made by such Persons while employees or contractors of the Sublicensor.

Examples of Sublicensable in a sentence

The license granted to AlCana supersedes and replaces the licenses granted to AlCana by Alnylam and Tekmira in the current Supplemental Agreement • AlCana’s right to sub-license will be on a Sublicensable Product-by-Sublicensable Product basis.
However, Ironwood shall not provide Forest advance copies of Patent Filing Materials for Astellas Patent Rights other than the Astellas Sublicensable Patent Rights.
Such sublicenses shall have the same scope and be subject to the same terms and conditions as set forth in Section 2.1, in the case of Chiron Sublicensable Patents claiming HCV or HIV; and shall have the same scope and be subject to the same terms and conditions as set forth in Section 2.2, in the case of other Chiron Sublicensable Patents, in each case to the extent permitted under the terms of the underlying third party license.
Following [CONFIDENTIAL TREATMENT REQUESTED], Chiron shall be free to grant any sublicenses under the Chiron Sublicensable Patents to third parties under any terms and conditions, including the granting of exclusive sublicenses.
In the event that either party fails in any material respect to pay to the other party (or to the licensor of a Sublicensable Patent, as the case may be) royalties required under this Agreement, and such failure is not cured within sixty (60) days of written notice to the defaulting party of such failure, then all license rights of the defaulting party under Section 2.02 of this Agreement, with respect only to the particular patent or patents in dispute, shall terminate.
BSC shall defend, indemnify, and hold harmless St. Jude and its Affiliates, and all officers, directors, employees, attorneys, agents, successors, and assigns of St. Jude and its Affiliates, against any and all legal expenses, costs, and judgments arising from any claims, controversies, demands, rights, disputes, grievances, or causes of action that ▇▇▇ ▇▇▇▇▇ and Company asserts relating to the Licensed Patents, the Sublicensable Patents or the ▇▇▇▇▇▇▇▇-Owned Patents.
Following [CONFIDENTIAL TREATMENT REQUESTED], CDC shall be free to grant any sublicenses under the CDC Sublicensable Patents to third parties under any terms and conditions, including the granting of exclusive sublicenses.
The License granted to RedHill under this Agreement is Sublicensable (and further Sublicensable) in whole or in part, to third parties in arms length transactions.
Jude grants (and will cause its Affiliates to grant) to BSC and its Affiliates the right and option until sixty (60) days following the termination of this Agreement to obtain sublicenses under one or more of the Sublicensable Patents.
CDC and its Affiliates shall indemnify and defend Chiron against any loss or claim resulting from a breach of an underlying license relating to Chiron Sublicensable Patents based on the acts or omissions of CDC or its Affiliates, Authorized Distributors or permitted sublicensees.

More Definitions of Sublicensable

Sublicensable means that sublicenses may be granted to the following persons and no others and to the following limited extent only and subject to the terms and limitations set forth in this Agreement: (a) for the Foreign Channel of Trade, to laboratories to make, have made, use, import, offer for sale, sell and have sold Foreign Laboratory Products, under an agreement directly with ▇▇▇▇, and (b) for the Foreign Channel of Trade, to distributors to use, import, offer for sale, sell and have sold Existing Products, under an agreement directly with ▇▇▇▇, and (c) for the Foreign Channel of Trade, to entities which are Affiliates of ▇▇▇▇ and under agreement directly with ▇▇▇▇, provided that such sublicense under this item (c) shall terminate no later than the date such entity ceases to be an Affiliate of ▇▇▇▇.

Sublicensable means, with respect to intellectual property, if the applicable Party or Affiliate has the right to grant the sublicenses or rights granted by such Party or Affiliate to such intellectual property without (i) the licensor’s consent, unless consent can be obtained using commercially reasonable efforts with no (A) additional fees or other consideration, (B) additional obligations upon such Party or Affiliate or (C) loss of any rights of, or breach by, such Party or Affiliate, (ii) loss of any rights of, or breach by, such Party or Affiliate, (iii) additional obligations upon such Party or Affiliate or (iv) any additional fees or other consideration payable to the licensor.

Sublicensable means, with respect to a Patent licensed or sublicensed to an ASML Grantor Entity, a Nikon Grantor Entity, or a Zeiss Grantor Entity, as applicable, such Grantor Entity has the right to grant licenses, sublicenses, or releases, or to extend covenants not to ▇▇▇, but only to the extent and for such time as such Grantor Entity has such right, to the applicable other Party or its Grantee Entities and their respective Covered Entities and Component Suppliers within the scope of the licenses, releases, and covenants not to ▇▇▇ granted and extended under this Agreement without such grant of such licenses, sublicenses, or releases, or such extension of such covenants not to ▇▇▇, resulting in a requirement to make a payment to any Third Party, except for payments (a) relating to the prosecution or maintenance of Patents, or (b) to Persons for inventions that they develop during the period of, and within the scope of, their employment by the applicable Grantor Entity.