Common use of Affiliate Performance Clause in Contracts

Affiliate Performance. Any obligation of XBIO or CLS under or pursuant to this Agreement may be satisfied, met or fulfilled, in whole or in part, either by XBIO or CLS directly or by any Affiliate or Sublicensee of either party.

Appears in 2 contracts

Sources: Exclusive License Agreement (Xenetic Biosciences, Inc.), Exclusive Sublicense Agreement (Xenetic Biosciences, Inc.)