Examples of Sublicensee in a sentence
Spyre shall, within [***] Business Days after it or its Affiliates achieve a Milestone, or within [***] Business Days after it learns that its or its Affiliate’s Sublicensee has achieved a Milestone, notify Paragon of the achievement of such Milestone in writing.
Upon termination of this Agreement, at the written request of any Sublicensee who is not then in breach of its sublicense agreement, such sublicense agreement will survive such termination of this Agreement, and Paragon will negotiate [***] the terms and conditions of a direct license with such Sublicensee that is consistent with the terms of this Agreement (as adjusted for the scope of license, products, field of use and other provisions of the original sublicense).
In each such instance, Spyre will have the right to review and approve the terms of such agreement between Paragon and such Sublicensee as related to Spyre’s economic rights, which approval shall not be unreasonably withheld, conditioned or delayed.
Notwithstanding anything herein to the contrary, unless it has obtained the prior written consent of Cxxxxxx in its sole discretion, neither LICENSEE nor any other permitted Sublicensee may grant a Sublicense to any Excluded Entity.
Any Sublicensee under this license must agree to abide by the terms of this Section 3.2.4, including the quality control provisions herein.