Examples of Xxxxxx License Agreement in a sentence
The Licensor shall give prompt notice to Alzheon, together with a detailed summary of outstanding issues if Alzheon so requests, of any notice received from or given to Xxxxxx of any actual or alleged defaults, breaches, violations, proposed amendments or proposed modifications of, or any proposed waivers under, the Xxxxxx License Agreement.
The Licensor hereby assigns to Alzheon on the Effective Date all of its rights under the Xxxxxx License Agreement with respect to the preparation, filing, prosecuting, obtaining and maintenance of the BLU8499 Patent Rights (other than such rights that are sublicensed to Alzheon pursuant to Section 2.1), and Alzheon acknowledges and agrees that all such rights, and Alzheon’s obligations with regard thereto, shall at all times be subject to the applicable terms and conditions of the Xxxxxx License Agreement.
The Licensor hereby assigns to Alzheon on the Effective Date all of its rights under the Xxxxxx License Agreement to take Action against any Infringement, and Alzheon acknowledges and agrees that all such rights, and Alzheon’s obligations with regard thereto, shall at all times be subject to the applicable terms and conditions of the Xxxxxx License Agreement.
The Licensor hereby sublicenses to Alzheon on the Effective Date all of its rights under the Xxxxxx License Agreement with respect to the commercialization of the Licensed Products in the Territory for the Field, and Alzheon acknowledges and agrees that all such rights, and Alzheon’s obligations with regard thereto, shall at all times be subject to the applicable terms and conditions of the Xxxxxx License Agreement.
The Licensor hereby sublicenses to Alzheon on the Effective Date all of its rights under the Xxxxxx License Agreement with respect to the Development of the Licensed Products in the Territory for the Field, and Alzheon acknowledges and agrees that all such rights, and Alzheon’s obligations with regard thereto, shall at all times be subject to the applicable terms and conditions of the Xxxxxx License Agreement.
The Licensor shall comply with all of its obligations under the Xxxxxx License Agreement, including by paying all amounts due to Xxxxxx thereunder.
The Licensor shall not make any election or exercise any right or option (or omit to take any action) which would terminate or relinquish in whole or in part any right under the Xxxxxx License Agreement.
The Parties acknowledge and agree that, pursuant to Section 3.1.3 of the Xxxxxx License Agreement, the Licensor is required to assign to Xxxxxx all Improvements that rely on or incorporate any Licensed Technology that is Controlled by the Licensor pursuant to the Xxxxxx License Agreement, but such Improvements shall be Controlled by the Licensor pursuant to the Xxxxxx License Agreement and sublicensed to Alzheon pursuant to Section 2.1 of this Agreement.
The Licensor shall take all actions reasonably necessary to enforce and maintain its rights under the Xxxxxx License Agreement.
Alzheon acknowledges and agrees that, with respect to the Licensed Technology that is Controlled by the Licensor pursuant to the Xxxxxx License Agreement, [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.