Sublicense Grant definition
Examples of Sublicense Grant in a sentence
Upon termination of the Royalty Term with respect to a Licensed Product for use in the Licensed Field for a given country in the Royalty Territory, the license grants to PARTNER in Section 9.1 of this Agreement and in Section 2.2 (Sublicense Grant to PARTNER) of the Penn Sublicense Agreement with respect to such Licensed Product in such country shall become fully paid-up, perpetual and irrevocable in such country.
Sublicense Grant Under The Regents/PROGENICS License Agreement ...................................................
Sublicense Grant Licensee will be entitled to grant sublicenses under rights granted under the License Agreement to third parties provided that such sublicense shall be on terms and conditions in compliance with and not inconsistent with the terms of the License Agreement and that such sublicense may only be made for consideration in a bona-fide arm’s length transaction, including a bona fide royalty on Net Sales by sublicensee.
In the event that Shire or its Affiliates or CHMC or its Affiliates does engage in any such Patent Challenge, then the license granted in Section 2.1 (Sublicense Grant) shall become royalty-free and fully-paid and Synageva shall cease to owe any amounts to Shire pursuant to Article 7 (Payments).
Sublicense Grant Under ▇▇▇▇▇-▇▇▇▇▇▇▇▇▇/PROGENICS License Agreement ..........................................
For purposes if this provision, “[***]” means any [***] any potential Sublicense contemplated by C▇▇▇▇▇ pursuant to this Section 3.1.2(a) (Sublicense Grant).
CMU will provide Licensee with a template for consideration by Licensee for any sublicense under Exception 2 of the Sublicense Grant ("Sublicense Template"); this Template will incorporate the general terms and conditions which will be mandatory for all such sublicenses (other than under Exception 1, Section 2.3.