Sublicense Grant. The Company shall be entitled to grant Sublicenses to third parties under the license granted pursuant to Section 5.1 on terms and conditions in compliance with and not inconsistent with the terms of this Agreement. With the exception of Sublicenses granted to Affiliates of the Company, such Sublicenses shall only be made for consideration and in bona-fide arm’s length transactions.
Appears in 4 contracts
Samples: License and Research Funding Agreement, License and Research Funding Agreement (Online Disruptive Technologies, Inc.), License and Research Funding Agreement (Online Disruptive Technologies, Inc.)
Sublicense Grant. The Company shall be entitled to grant Sublicenses or other rights to Affiliates or third parties under the license granted pursuant License subject to Section 5.1 on terms and conditions in compliance with and not inconsistent with the terms of this AgreementSection 5.2. With During the exception of Sublicenses granted to Affiliates of Royalty Term for the Companyapplicable Licensed Technology, such Sublicenses shall only be made only for consideration and in bona-bona fide arm’s length length-equivalent transactions.
Appears in 2 contracts
Samples: License Agreement (resTORbio, Inc.), License Agreement (Adicet Bio, Inc.)
Sublicense Grant. The Company shall be entitled to grant Sublicenses to third parties under the license granted pursuant to Section 5.1 on terms and conditions in compliance with and not inconsistent with the terms of this Agreement. With the exception of Sublicenses granted to Affiliates of the Company, such Sublicenses shall only be made for cash consideration and in bona-fide arm’s length transactions.
Appears in 2 contracts
Samples: Research Funding and License Agreement (Therapix Biosciences Ltd.), Research Funding and License Agreement (Therapix Biosciences Ltd.)
