Common use of Effect of Termination on Sublicenses Clause in Contracts

Effect of Termination on Sublicenses. Any sublicenses granted by Company under this Agreement shall provide for termination or assignment to Hospital of Company’s interest therein, at the option of Hospital, upon termination of this Agreement or upon termination of any license hereunder under which such sublicense has been granted.

Appears in 11 contracts

Samples: Patent License Agreement (HealthCor Catalio Acquisition Corp.), Exclusive Patent License Agreement (HealthCor Catalio Acquisition Corp.), License Agreement (ArcherDX, Inc.)

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Effect of Termination on Sublicenses. Any sublicenses granted by Company under this Agreement shall provide for termination or assignment to Hospital of Company’s interest thereinsuch sublicense in the applicable territory, at the option of Hospital, upon termination of this Agreement (or upon termination of any license hereunder under which such sublicense has been granteda territory, as applicable).

Appears in 2 contracts

Samples: Patent License Agreement (Candel Therapeutics, Inc.), Exclusive Patent License Agreement (Candel Therapeutics, Inc.)

Effect of Termination on Sublicenses. Any sublicenses granted by Company under this Agreement shall provide for termination or assignment to Hospital of Company’s interest therein, at the option of Hospital, therein upon termination of this Agreement or upon termination of any license hereunder under which such sublicense has been granted.. Following a Sublicensee’s request made after termination of this Agreement, Hospital shall use good faith efforts to enter into a direct license agreement with any such Sublicensee with respect to the rights and licenses under this Agreement, provided all of the following conditions are met:

Appears in 2 contracts

Samples: Patent License Agreement (Transcode Therapeutics, Inc.), Patent License Agreement (Transcode Therapeutics, Inc.)

Effect of Termination on Sublicenses. Any sublicenses granted by Company COMPANY under this Agreement AGREEMENT shall provide for termination or assignment to Hospital GENERAL of CompanyCOMPANY’s interest therein, at the option of HospitalGENERAL, upon termination of this Agreement AGREEMENT or upon termination of any license hereunder under which such sublicense has been granted.

Appears in 1 contract

Samples: License Agreement (Reliant Technologies Inc)

Effect of Termination on Sublicenses. Any sublicenses granted by Company under this Agreement shall provide for termination or assignment to Hospital of Company’s interest therein, at the option of Hospital, upon termination of this Agreement or upon termination of any license hereunder under which such sublicense has been granted.. ​

Appears in 1 contract

Samples: Patent License Agreement (HealthCor Catalio Acquisition Corp.)

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Effect of Termination on Sublicenses. Any sublicenses granted by Company COMPANY under this Agreement AGREEMENT shall provide for termination or assignment to Hospital HOSPITAL of Company’s COMPANY's interest therein, at the option of HospitalHOSPITAL, upon termination of this Agreement AGREEMENT or upon termination of any license hereunder under which such sublicense has been granted.

Appears in 1 contract

Samples: License Agreement (Alopexx, Inc.)

Effect of Termination on Sublicenses. Any sublicenses granted by Company under this Agreement shall provide for termination or assignment to Hospital of Company’s 's interest therein, at the option of Hospital, upon termination of this Agreement or upon termination of any license hereunder under which such sublicense has been granted.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Alopexx, Inc.)

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