Common use of Right to Grant Sublicenses Clause in Contracts

Right to Grant Sublicenses. In furtherance of the primary purpose of this Agreement as set forth in Section 3.3 above, BND shall have the right to sublicense the License Patents and Licensed Technology in its sole and absolute discretion. Each sublicense granted by BND pursuant to this Agreement, shall be consistent the provisions of this Agreement. Prior to the grant of each sublicense hereunder, BND shall provide BDSI a copy of the sublicense.

Appears in 4 contracts

Samples: Sub License Agreement (Bioral Nutrient Delivery LLC), Sub License Agreement (Biodelivery Sciences International Inc), Sub License Agreement (Bioral Nutrient Delivery LLC)

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