Sublicensees - Release Clause Samples
The 'Sublicensees - Release' clause defines the conditions under which sublicensees are released from certain obligations or liabilities, typically upon the termination or expiration of the main license agreement. In practice, this clause may specify that once the primary license ends, any parties who received sublicenses are no longer bound by the terms of the sublicense, or are released from claims related to their prior use. Its core function is to clarify the rights and responsibilities of sublicensees after the main agreement concludes, thereby preventing ongoing liability or confusion for those parties.
Sublicensees - Release. The Licensee shall cause each sublicensee to grant the University a release from liabilities substantially similar to the release granted in favor of the University in section 9.1.
Sublicensees - Release. Company shall cause each Sublicensee to grant University a release from liabilities substantially similar to the release granted in favor of University in section 9.1 of this Agreement.
Sublicensees - Release. The Licensee shall cause each sublicensee to grant the University a release from liabilities substantially similar to the release granted in favor of the University in section 9.1. FORM: OGC-401 Form Date: 12.18.01 Revision Date: 5.03.10
Sublicensees - Release. The Company shall cause each Sublicensee and assignee to grant the University and UMass a release from liabilities substantially similar to the release granted in favor of the University and UMass in Section 9.1 of this Agreement. THE COMPANY HAS REQUESTED AN ORDER FROM THE SECURITIES AND EXCHANGE COMMISSION (THE “COMMISSION”) PURSUANT TO RULE 24b-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED, GRANTING CONFIDENTIAL TREATMENT TO SELECTED PORTIONS. ACCORDINGLY, THE CONFIDENTIAL PORTIONS HAVE BEEN OMITTED FROM THIS EXHIBIT, AND HAVE BEEN FILED SEPARATELY WITH THE COMMISSION. OMITTED PORTIONS ARE INDICATED IN THIS EXHIBIT WITH “*****”.