Common use of No Security Interest Clause in Contracts

No Security Interest. Licensee shall not enter into any agreement under which Licensee grants to or otherwise creates in any third party a security interest in this Agreement or any of the rights granted to Licensee herein. Any grant or creation of a security interest purported or attempted to be made in violation of the terms of this Section 11.2 shall be null and void and of no legal effect.

Appears in 12 contracts

Samples: License Agreement (AVROBIO, Inc.), License Agreement, License Agreement (ReWalk Robotics Ltd.)

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No Security Interest. Licensee shall not enter into any agreement under which Licensee grants to or otherwise creates in any third party a security interest in this Agreement or any of the rights granted to Licensee herein. Any grant or creation of a security interest purported or attempted to be made in violation of the terms of this Section 11.2 12.2 shall be null and void and of no legal effect.

Appears in 7 contracts

Samples: License Agreement (Aileron Therapeutics Inc), License Agreement (Aileron Therapeutics Inc), License Agreement (Aileron Therapeutics Inc)

No Security Interest. Licensee shall not enter into any agreement under which Licensee grants to or otherwise creates in any third party a security interest in this Agreement or any of the rights granted to Licensee herein. Any grant or creation of a security interest purported or attempted to be made in violation of the terms of this Section 11.2 shall be null and void and of no legal effect.

Appears in 7 contracts

Samples: Exclusive License Agreement, Exclusive License Agreement (Ocean Biomedical, Inc.), Exclusive License Agreement (Ocean Biomedical, Inc.)

No Security Interest. Licensee shall not enter into any agreement under which Licensee grants to or otherwise creates in any third party a security interest in this Agreement or any of the rights granted to Licensee herein. Any grant or creation of a security interest purported or attempted to be made in violation of the terms of this Section 11.2 7.1 shall be null and void and of no legal effect.

Appears in 5 contracts

Samples: License Agreement (Solid Biosciences Inc.), License Agreement (Solid Biosciences Inc.), License Agreement

No Security Interest. Licensee shall not enter into any agreement under which Licensee grants to or otherwise creates in any third party a security interest in this Agreement or any of the rights granted to Licensee herein. Any grant or creation of a security interest purported or attempted to be made in violation of the terms of this Section 11.2 10.1 shall be null and void and of no legal effect.

Appears in 4 contracts

Samples: License Agreement (Kronos Bio, Inc.), License Agreement (Kronos Bio, Inc.), License Agreement

No Security Interest. Licensee shall not enter into any agreement under which Licensee grants to or otherwise creates in any third party a security interest in this Agreement or any of the rights granted to Licensee herein. Any grant or creation of a security interest purported or attempted to be made in violation of the terms of this Section 11.2 9.1 shall be null and void and of no legal effect.

Appears in 3 contracts

Samples: Non Exclusive License Agreement (Northann Corp.), Non Exclusive License Agreement (Northann Corp.), Non Exclusive License Agreement (Northann Corp.)

No Security Interest. Licensee shall not enter into any agreement under which Licensee grants to or otherwise creates in any third party a security interest in this Agreement or any of the rights granted to Licensee herein. Any grant or creation of a security interest purported or attempted to be made in violation of the terms of this Section 11.2 11.3 (No Security Interest) shall be null and void and of no legal effect.

Appears in 1 contract

Samples: License Agreement (Sana Biotechnology, Inc.)

No Security Interest. Licensee shall not enter into any agreement under which Licensee grants to or otherwise creates in any third party a security interest in this Agreement or any of the rights granted to Licensee herein. Any grant or creation of a security interest purported or attempted to be made in violation of the terms of this Section 11.2 11.3 shall be null and void and of no legal effect.

Appears in 1 contract

Samples: Subscription Agreement (Beam Therapeutics Inc.)

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No Security Interest. Licensee shall not enter into any agreement under which Licensee grants to or otherwise creates in any third party Third Person a security interest in this Agreement or any of the rights granted to Licensee herein. Any grant or creation of a security interest purported or attempted to be made in violation of the terms of this Section 11.2 shall be null and void and of no legal effect.

Appears in 1 contract

Samples: Technology License Agreement (Petroteq Energy Inc.)

No Security Interest. Licensee shall not enter into any agreement under which the Licensee grants to or otherwise creates in any third party a security interest in this Agreement or any of the rights granted to the Licensee herein. Any grant or creation of a security interest purported or attempted to be made in violation of the terms of this Section 11.2 ‎13.2 shall be null and void and of no legal effect.

Appears in 1 contract

Samples: Exclusive License Agreement (Sg Blocks, Inc.)

No Security Interest. Licensee shall not enter into any agreement under which Licensee grants to or otherwise creates in any third party a security interest in this Agreement or any of the rights granted to Licensee herein. Any grant or creation of a security interest purported or attempted to be made in violation of the terms of this Section 11.2 shall be null and void and of no legal effecteffect.

Appears in 1 contract

Samples: Intellectual Property License and Development Agreement

No Security Interest. Licensee shall not enter into any agreement under which Licensee grants to or otherwise creates in any third party a security interest in this Agreement or any of the rights granted to Licensee herein. Any grant or creation of a security interest purported or attempted to be made in violation of the terms of this Section 11.2 8.1 shall be null and void and of no legal effect.

Appears in 1 contract

Samples: Exclusive License Agreement (Neuraxis, INC)

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