Examples of Third Party Sublicense in a sentence
For the removal of doubt, it is understood that the Direct Third Party Sublicense shall include provisions substantially identical to Articles 5, 6, 7, 9, 10, and 11 and Sections 3.3, 4.1, 4.3, and 8.2 of this Agreement and such modifications of Article 2 as are appropriate to define the scope of the sublicense to be granted.
In such event, CGI shall notify ABX in writing of the Products to be sublicensed to such third party, as well as the field, territory, duration, and other limitations of such Direct Third Party Sublicense; provided, however, that the rights granted under any such Direct Third Party Sublicense for the Product Antigen shall in no event exceed the scope of the rights granted to CGI under this Agreement.
Upon such a request by CGI, ABX shall cooperate with CGI and the third party designated by CGI to prepare and execute such Direct Third Party Sublicense in a prompt and expeditious manner.
If any Third Party Sublicense monetary compensation received by Company is in a currency other than US Dollars, the payment due under this Section 6.2(d) shall be calculated in such currency and then converted into their US Dollar equivalent using the closing exchange rate as published by The Wall Street Journal, Western U.S. Edition for the day the Third Party Sublicense compensation was achieved by Company.
For the avoidance of doubt, amounts received after the [*] under a Third Party Sublicense entered into on or before such date shall still be subject to the payment obligation to Seller above.
Company shall immediately provide written notification to Xxxxxxx, at Beerse (Belgium), Xxxxxxxxxxxxx 00, Xxxxxxxxx: Finance Manager ([…***…]) upon achievement of each Third Party Sublicense.
If Licensor does not respond to the Licensee Notice within [***] of its receipt, or the Parties [***] (“[***] Period”), then Licensee shall thereafter have the right to enter into the Third Party Sublicense with respect to a Product in the Field and in the applicable countries in the Option Territory on terms that are no more favorable to the Third Party licensee than the terms offered by the Licensee to Licensor in writing during the [***] Period.
Any Third Party Sublicense monetary compensation received by EBP in a currency other than Euro shall be converted into their Euro equivalent using the closing exchange rate as published [ * ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, IS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.
Licensee shall have no right to expand into a field of use that conflicts with a field of use (i) subject to a Licensor Proposal and for which Licensee has waived its rights as set forth in Section 4(d), or (ii) which conflicts with a field of use licensed to a third party for use in the Territory pursuant to a Third Party Sublicense.
Such notification shall indicate that a Third Party Sublicense was achieved and request that Xxxxxxx send a written invoice for any payment then due under this Section 6.2(d) to a specific address, if such address is different than that indicated in Section 15.2: Notices.