Examples of Sublicensing Party in a sentence
The Other Party shall have a first and exclusive right of negotiation to obtain from the Sublicensing Party such sublicense on commercially reasonable terms.
However, if a prospective licensee is unwilling to provide such access, the party hereto proposing to enter into the sublicense (the "Sublicensing Party") may grant the sublicense, but the Sublicensee shall not have access to clinical data or regulatory filings provided by the other of Introgen or RPRP (or such other party's Sublicensees).
In the event that the Commercializing Party does not promptly reimburse the Sublicensing Party for such amounts upon request, then such Third Party Technology shall thereafter be deemed excluded from the Licensed Technology.
Upon request by the Commercializing Party, the Sublicensing Party shall disclose to the Commercializing Party a true, complete and correct written description of such payment obligations, and the Commercializing Party's obligation to reimburse such amounts following such request shall be limited to those payment obligations as so disclosed by the Commercializing Party, with any such payments made [*] under [*] (to the extent [*] applies).
If the Sublicensee does not allow the Sublicensing Party to provide to the other of Introgen or RPRP (and their Sublicensees) all clinical data and regulatory filings made by or on behalf of the Sublicensee with respect to the sublicensed Collaboration Product, the Sublicensing Party shall not provide to the Sublicensee access to any such clinical data or regulatory filings of the other of Introgen or RPRP (or its respective Sublicensees).
Upon termination of this Agreement, any sublicenses granted by each Party shall remain in force and effect and shall be assigned by the Party granting such sublicense (the "Sublicensing Party") to the other Party, provided, however, that the financial obligations of each Sublicensee to the non- Sublicensing Party shall be limited to the amounts the Sublicensing Party would have been obligated to pay to non-Sublicensing Party for the activities of such Sublicensee pursuant to this Agreement.
The Sublicensing Party shall, subject to Section 9.2.2 and Section 9.3.2 below (Full Sublicense Agreement), remain liable to the other Party for any act or omission of its Sublicensee (including the payment of milestone and royalties).
For avoidance of doubt, the Partnering Agreement shall prohibit the applicable Sublicensee from taking any action that the Sublicensing Party is not permitted to take under this Agreement, including, conducting a Clinical Study with respect to a CoDev Product without first complying with Section 4.4.3.6. Notwithstanding the foregoing but subject to Section 9.2.2 and Section 9.3.2 below, no Sublicensee shall have participation or voting rights with respect to any Committee.
The terms of each sublicense agreement shall be the Confidential Information of the Sublicensing Party.
In the event that the Commercializing Party does not agree to reimburse or does not promptly reimburse the Sublicensing Party for such amounts upon request (such amounts as determined by the JDRC in accordance with this Agreement, to the extent so provided above), then such Third Party Technology shall thereafter be deemed excluded from the licenses or other subject matter licensed hereunder.