Common use of Right to Sublicense Clause in Contracts

Right to Sublicense. Licensee shall have the right to grant sublicenses of any of its rights under this License in connection with the Pharmaceutical Business solely within the Territory. The granting of sublicenses shall be at Licensee's sole and exclusive discretion and Licensee shall have the sole and exclusive power to determine the identity of any sublicensee, the applicable licensee fees or royalty rates, if any, and other terms and conditions of any sublicense.

Appears in 6 contracts

Samples: License Agreement, License Agreement, License Agreement (AquaMed Technologies, Inc.)

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