Common use of No Third Party Rights or Obligations Clause in Contracts

No Third Party Rights or Obligations. Except as set forth in Article 9 hereof, no provision of this Agreement shall be deemed or construed in any way to result in the creation of any rights or obligation in any Person not a Party to this Agreement. However, either Party may decide, in its sole discretion, to use one or more of its Affiliates to perform its obligations and duties hereunder, provided that such Party shall remain liable hereunder for the performance by any such Affiliates of any such obligations.

Appears in 4 contracts

Samples: Research Collaboration Agreement (CytomX Therapeutics, Inc.), Research Collaboration Agreement (CytomX Therapeutics, Inc.), Research Collaboration Agreement (CytomX Therapeutics, Inc.)

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No Third Party Rights or Obligations. Except as set forth in Article 9 hereof, no No provision of this Agreement shall be deemed or construed in any way to result in the creation of any rights or obligation obligations in any Person not a Party to this Agreement. However, either Party may decide, in its sole discretion, to use one or more of its Affiliates to perform its obligations and duties hereunder, provided that such Party shall remain liable hereunder Agreement except for the performance by any such Affiliates provisions of any such obligationsArticle 7 (Indemnification) (with respect to which the persons to which Article 7 (Indemnification) applies shall be Third Party beneficiaries for Article 7 (Indemnification) only in accordance with the terms and conditions of Article 7 (Indemnification)).

Appears in 2 contracts

Samples: License Agreement (Organovo Holdings, Inc.), License Agreement (Aldeyra Therapeutics, Inc.)

No Third Party Rights or Obligations. Except as set forth in Article 9 hereof, no No provision of this Agreement shall be deemed or construed in any way to result in the creation of any rights or obligation obligations in any Person not a Party to this Agreement. However, either Party may decide, in its sole discretion, to use one or more of its Affiliates to perform its obligations and duties hereunder, provided that such Party shall remain liable hereunder for the performance by any such Affiliates Affiliate(s) of any such obligations.

Appears in 2 contracts

Samples: Development and Commercialization License Agreement (Opko Health, Inc.), Development and Commercialization License Agreement (Opko Health, Inc.)

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No Third Party Rights or Obligations. Except as set forth in Article 9 hereof, no No provision of this Agreement shall be deemed or construed in any way to result in the creation of any rights or obligation in any Person not a Party to this AgreementParty. However, either Party may decide, in its sole discretion, to use one or more of its Affiliates Affiliates, Sublicensees or permitted designees to perform its obligations and duties hereunder; provided, provided that such Party shall remain liable hereunder for the performance by any such Affiliates Affiliates, Sublicensees or permitted designees of any such obligationsobligations set forth herein.

Appears in 2 contracts

Samples: License Agreement, License Agreement (Capstone Therapeutics Corp.)

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