Common use of Assignment or License Clause in Contracts

Assignment or License. In the event that the Company will assign or license all or part of its technology and/or will grant a license thereto to a third party, the Company shall be responsible for obtaining such third party’s agreement to comply with all obligations to the OCS. The aforesaid will not derogate from the Company’s obligation to receive OCS approval, if required, for such transaction.

Appears in 3 contracts

Sources: Confidentiality Agreement, Collaboration Agreement (CollPlant Holdings Ltd.), Confidentiality Agreement (CollPlant Holdings Ltd.)