Common use of Accrued Rights and Obligations Clause in Contracts

Accrued Rights and Obligations. Termination of this Agreement ------------------------------ for any reason shall not release any party hereto from any liability which, at the time of such termination, has already accrued to the other party or which is attributable to a period prior to such termination nor preclude either party from pursuing any rights and remedies it may have hereunder or at law or in equity with respect to any breach of, or default under, this Agreement. It is understood and agreed that monetary damages may not be a sufficient remedy for any breach of this Agreement and that the non-breaching party may be entitled to injunctive relief as a remedy for any such breach.

Appears in 2 contracts

Samples: Research and Commercialization Agreement (Medarex Inc), Evaluation, Research and Commercialization Agreement (Medarex Inc)

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Accrued Rights and Obligations. Termination of this Agreement ------------------------------ for any reason shall not release any party hereto from any liability which, at the time of such termination, has already accrued to the other party or which is attributable to a period prior to such termination nor preclude either party from pursuing any rights and remedies it may have hereunder or at law or in equity with respect to any breach of, or default under, of this Agreement. It is understood and agreed that monetary damages may not be a sufficient remedy for any breach of this Agreement and that the non-breaching party may be entitled to injunctive relief as a remedy for any such breach.

Appears in 2 contracts

Samples: Research and Commercialization Agreement (Medarex Inc), Evaluation and Commercialization Agreement (Medarex Inc)

Accrued Rights and Obligations. Termination of this Agreement ------------------------------ for any reason shall not release any party Party hereto from any liability whichthat, at the time of such termination, has already accrued to the other party Party or which is attributable to a period prior to such termination nor preclude either party Party from pursuing any rights and remedies it may have hereunder or at law or in equity with respect to any breach of, or default under, of this Agreement. It is understood and agreed that monetary damages may not be a sufficient remedy for any breach of this Agreement and that the non-breaching party Party may be entitled to injunctive relief as a remedy for any such breach.

Appears in 2 contracts

Samples: Research Collaboration Agreement (Athersys Inc /Oh), Research Collaboration Agreement (Gene Cell Inc)

Accrued Rights and Obligations. Termination of this Agreement ------------------------------ for any reason shall not release any party either Party hereto from any liability which, at the time of such termination, has already accrued to the other party or which is attributable to a period prior to such termination nor preclude either party Party from pursuing any rights and remedies it may have hereunder or at law Law or in equity with respect to any breach of, or default under, of this Agreement. It is understood and agreed that monetary damages may not be a sufficient remedy for any breach of this Agreement and that the non-breaching party Party may be entitled to seek injunctive relief as a remedy for any such breach.

Appears in 1 contract

Samples: Collaboration and License Agreement (PTC Therapeutics, Inc.)

Accrued Rights and Obligations. Termination of this Agreement ------------------------------ for any ------------------------------- reason shall not release any party hereto from any liability which, at the time of such termination, has already accrued to the other party or which is attributable to a period prior to such termination nor preclude either party from pursuing any rights and remedies it may have hereunder or at law or in equity with respect to any breach of, or default under, of this Agreement. It is understood and agreed that monetary damages may not be a sufficient remedy for any breach of this Agreement and that the non-breaching party may be entitled to injunctive relief as a remedy for any such breach.

Appears in 1 contract

Samples: Evaluation and Commercialization Agreement (Medarex Inc)

Accrued Rights and Obligations. Termination of this Agreement ------------------------------ for any reason shall not release any party hereto from any liability which, at the time of such termination, has already accrued to the other party or which is attributable to a period prior to such termination termination, nor preclude either party from pursuing any rights and remedies it may have hereunder or at law or in equity with respect to any breach of, or default under, of this Agreement. It is understood and agreed that monetary damages may not be a sufficient remedy for any breach of this Agreement and that the non-breaching party may be entitled to injunctive relief as a remedy for any such breach.

Appears in 1 contract

Samples: Evaluation and Commercialization Agreement (Medarex Inc)

Accrued Rights and Obligations. Termination of this Agreement ------------------------------ for any reason shall not release any party Party hereto from any liability which, at the time of such termination, has already accrued to the other party Party or which is attributable to a period prior to such termination nor preclude either party Party from pursuing any rights and remedies it may have hereunder or at law or in equity with respect to any breach of, or default under, of this Agreement. It is understood and agreed that monetary damages may not be a sufficient remedy for any material breach of this Agreement and that the non-breaching party Party may be entitled to injunctive relief as a remedy for any such material breach.

Appears in 1 contract

Samples: Commercialization Agreement (Medarex Inc)

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Accrued Rights and Obligations. Termination of this Agreement ------------------------------ for any reason shall not release any party Party hereto from any liability which, at the time of such termination, has already accrued to the other party Party or which is attributable to a period prior to such termination nor preclude either party Party from pursuing any rights and remedies it may have hereunder or at law or in equity with respect to any breach of, or default under, of this Agreement. It is understood and agreed that monetary damages may not be a sufficient remedy for any breach of this Agreement and that the non-breaching party Party may be entitled to injunctive relief as a remedy for any such breach.. 14.6.2

Appears in 1 contract

Samples: Development and Commercialization Agreement

Accrued Rights and Obligations. Termination of this ------------------------------ Agreement ------------------------------ for any reason shall not release any party hereto from any liability which, at the time of such termination, has already accrued to the other party or which is attributable to a period prior to such termination nor preclude either party from pursuing any rights and remedies it may have hereunder or at law or in equity with respect to any breach of, or default under, of this Agreement. It is understood and agreed that monetary damages may not be a sufficient remedy for any breach of this Agreement and that the non-breaching party may be entitled to injunctive relief as a remedy for any such breach.

Appears in 1 contract

Samples: Research and Commercialization Agreement (Medarex Inc)

Accrued Rights and Obligations. Termination of ------------------------------ this Agreement ------------------------------ for any reason shall not release any party hereto from any liability which, at the time of such termination, has already accrued to the other party or which is attributable to a period prior to such termination nor preclude either party from pursuing any rights and remedies it may have hereunder or at law or in equity with respect to any breach of, or default under, of this Agreement. It is understood and agreed that monetary damages may not be a sufficient remedy for any breach of this Agreement and that the non-breaching party may be entitled to injunctive relief as a remedy for any such breach.

Appears in 1 contract

Samples: Research and Commercialization Agreement (Medarex Inc)

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