Common use of Third Party Beneficiary Right Clause in Contracts

Third Party Beneficiary Right. As required by the CAT Agreement, Merrimack agrees that CAT shall be a Third Party beneficiary of the sublicense under the CAT Product License and CAT shall have the right to enforce (including claim damages as a result of any breach) of such sublicense. If at any time CAT does have to enforce its rights under such sublicense Dyax will, if requested by CAT, supply to CAT a copy of this Agreement as soon as possible.

Appears in 3 contracts

Samples: Collaboration Agreement (Elevation Oncology, Inc.), Collaboration Agreement (Merrimack Pharmaceuticals Inc), Collaboration Agreement (Merrimack Pharmaceuticals Inc)

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Third Party Beneficiary Right. As required by the CAT Agreement, Merrimack Licensee agrees that CAT shall be a Third Party third party beneficiary of the sublicense under the CAT Product License Sublicense and CAT shall have the right to enforce (including claim damages as a result of any breach) of such sublicenseCAT Sublicense. If at any time CAT does have to enforce its rights under such sublicense CAT Sublicense Dyax will, if requested by CAT, supply to CAT a copy of this Agreement the relevant CAT Sublicense as soon as possible.. 

Appears in 1 contract

Samples: Antibody Library License Agreement (Kadmon Holdings, Inc.)

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