Sublicense definition

Sublicense means any agreement to Sublicense.

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Sublicense means an agreement into which LICENSEE enters with a third party that is not an Affiliate for the purpose of (i) granting certain rights; (ii) granting an option to certain rights; or (iii) forbearing the exercise of any rights, granted to LICENSEE under this Agreement.

Sublicense means, directly or indirectly, to sublicense, grant any other right with respect to, or agree not to assert, any licensed right under any Patent, Know-How or other Intellectual Property right. When used as a noun, “Sublicense” means any agreement to Sublicense.

Examples of Sublicense in a sentence

• If Licensee itself, or through one or more Affiliates or Sublicensees, is unable or unwilling to serve or develop a Commercially Reasonable potential market or market territory for which there is a reputable company with adequate resources to do so willing to be a Sublicensee, Licensee shall at University’s written request negotiate in good faith the terms and conditions pursuant to which Licensee would commercialize or grant a Sublicense to such prospective Sublicensee.

• In the event that Sublicensee is responsible for payment of Milestones Fees under the terms of a Sublicense Agreement, and Licensee provides a copy of such Sublicensing Agreement to University, then such Milestone Fee payments to Licensee will not be considered Sublicense Income.

• Licensee shall submit to University a copy of each fully executed Sublicense agreement and any amendments to Sublicenses granted by Licensee under this Agreement, which copies may be redacted to the extent the terms thereof are not necessary to determine compliance with this Agreement.

• Licensee shall pay University [***] of the Sublicense Income actually received by Licensee.

• The Sublicense agreements and amendments must be postmarked within 30 days of their execution.

More Definitions of Sublicense

Sublicense means any agreement between ***** and a third party that contains a grant to Stanford’s Licensed Patents regardless of the name given to the agreement by the parties; however, an agreement to make, have made, use or sell Licensed Products on behalf of ***** is not considered a Sublicense.

Sublicense means any transaction with a third party in which LICENSEE: (a) grants, transfers or agrees not to assert any of the rights licensed to LICENSEE hereunder, or (b) is under an obligation to grant or transfer such rights or to forebear from granting or transferring such rights, including by means of an option.

Sublicense means the same as that term is defined in Section 32B-8-102 or 32B-8b-102.

Sublicense shall be construed accordingly.

Sublicense means any agreement under which Licensee grants (or, through a previous license of Patent Rights, has granted) any of the rights to Licensed Technology or Licensed Products granted to Licensee under this Agreement, including, without limitation, any option for such rights, but excluding rights granted to subcontractors or Affiliates.

Sublicense shall have the meaning given in Section 2.4.1.

Sublicense means any grant by the Company or its Affiliates of any of the rights granted under this Agreement or any part thereof; including the right to develop, manufacture, market, sell or distribute the Licensed Technology or any Product, for which grant the recipient of the Sublicense is required to pay the grantor of the Sublicense (or the grantor’s related entity), excluding a Subcontracting Agreement.