Common use of Sublicensing Rights Clause in Contracts

Sublicensing Rights. (a) The rights granted under the Protea Off Project License may be sub-licensed by LMS to any Third Parties without the need to obtain prior consent from Protea. LMS shall inform Protea of the name of the sub-licensee and the scope of the rights sub-licensed. However, LMS must ask Protea's prior written consent if LMS wishes to sub-license said rights to the Protea restricted entities referred to in Exhibit D.

Appears in 4 contracts

Samples: Joint Development and License Agreement (AzurRx BioPharma, Inc.), Joint Development and License Agreement (AzurRx BioPharma, Inc.), Joint Development and License Agreement (AzurRx BioPharma, Inc.)

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Sublicensing Rights. (a) The rights granted under the Protea LMS Off Project License may be sub-licensed by LMS Protea to any Third Parties without the need to obtain prior consent from ProteaLMS. LMS Protea shall inform Protea LMS of the name of the sub-licensee and the scope of the rights sub-licensed. However, LMS Protea must ask Protea's LMS' prior written consent if LMS Protea wishes to sub-license said rights to the Protea LMS restricted entities referred to in Exhibit D.

Appears in 4 contracts

Samples: Joint Development and License Agreement (AzurRx BioPharma, Inc.), Joint Development and License Agreement (AzurRx BioPharma, Inc.), Joint Development and License Agreement (AzurRx BioPharma, Inc.)

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