SUBLICENSING AND ASSIGNMENT. Controlled Affiliate shall not, directly or indirectly, sublicense, transfer, hypothecate, sell, encumber or mortgage, by operation of law or otherwise, the rights granted hereunder and any such act shall be voidable at the sole option of Plan or BCBSA. This Agreement and all rights and duties hereunder are personal to Controlled Affiliate.
Appears in 98 contracts
Sources: License Agreement (Elevance Health, Inc.), Blue Shield License Agreement (Elevance Health, Inc.), Blue Shield License Agreement (Elevance Health, Inc.)
SUBLICENSING AND ASSIGNMENT. Controlled Affiliate shall not, directly or indirectly, not sublicense, transfer, hypothecate, sell, encumber or mortgage, by operation of law or otherwise, the rights granted hereunder and any such act shall be voidable at the sole option of Plan or BCBSA. This Agreement and all rights and duties hereunder are personal to Controlled Affiliate.
Appears in 60 contracts
Sources: License Agreement (Elevance Health, Inc.), Blue Shield License Agreement (Elevance Health, Inc.), Blue Shield License Agreement (Elevance Health, Inc.)
SUBLICENSING AND ASSIGNMENT. Controlled Affiliate shall not, directly or indirectly, sublicense, transfer, hypothecate, sell, encumber or mortgage, by operation of law or otherwise, the rights granted hereunder and any such act shall be voidable at the sole option of any Controlling Plan or BCBSA. This Agreement and all rights and duties hereunder are personal to Controlled Affiliate.
Appears in 34 contracts
Sources: License Agreement (Elevance Health, Inc.), Blue Shield License Agreement (Elevance Health, Inc.), Blue Shield License Agreement (Elevance Health, Inc.)
SUBLICENSING AND ASSIGNMENT. Controlled Affiliate shall not, directly or indirectly, not sublicense, transfer, hypothecate, sell, encumber or mortgage, by operation of law or otherwise, the rights granted hereunder and any such act shall be -2- voidable at the sole option of Plan or BCBSA. This Agreement and all rights and duties hereunder are personal to Controlled Affiliate.
Appears in 2 contracts
Sources: License Agreement (Rightchoice Managed Care Inc), License Agreement (Rightchoice Managed Care Inc)