Common use of Assignment Obligation Clause in Contracts

Assignment Obligation. Without limiting the provisions of Section 5.1.1, Receptos shall cause all Persons who perform activities by or on behalf of Receptos or its permitted Sublicensees under this Agreement to be under an obligation to assign their rights in Development License Intellectual Property Rights to Receptos (and Receptos shall then be under an obligation to assign its rights in such Development License Intellectual Property Rights to AbbVie).

Appears in 3 contracts

Sources: Development License and Option Agreement (Receptos, Inc.), Development License and Option Agreement (Receptos, Inc.), Development License and Option Agreement (Receptos, Inc.)

Assignment Obligation. Without limiting the provisions of Section 5.1.17.1.1, Receptos shall cause all Persons who perform activities by or on behalf of Receptos or its permitted Sublicensees under this the Collaboration Agreement to be under an obligation to assign their rights in Development License Collaboration Intellectual Property Rights to Receptos (and Receptos shall then be under an obligation to assign its rights in such Development License Collaboration Intellectual Property Rights to AbbVie).

Appears in 3 contracts

Sources: Development License and Option Agreement (Receptos, Inc.), Development License and Option Agreement (Receptos, Inc.), Development License and Option Agreement (Receptos, Inc.)