Approval of Assignments of Product Agreements. (a) Promptly, and in any event within five (5) Business Days, following receipt by Seller of a request from a Counterparty for consent to assign its rights, or delegate its duties, under any of the Product Agreements, Seller shall provide notice of such request to Purchaser. Seller and Purchaser shall consult with each other regarding whether to grant such consent. In any event, Seller shall not grant such consent without the prior written consent of Purchaser (which consent shall not be unreasonably withheld).
Appears in 4 contracts
Samples: Royalty Purchase Agreement (Relief Therapeutics Holding SA), Royalty Purchase Agreement (Relief Therapeutics Holding SA), Royalty Purchase Agreement (Relief Therapeutics Holding SA)
Approval of Assignments of Product Agreements. (a) Promptly, and in any event within five (5) Business Days, following receipt by Seller of a request from a Counterparty for consent to assign its rights, or delegate its duties, under any of the Product Agreements, Seller shall provide notice of such request to PurchaserPurchasers. Seller and Purchaser Purchasers shall consult with each other regarding whether to grant such consent. In any event, Seller shall not grant such consent without the prior written consent of Purchaser Purchasers (which consent shall not may be unreasonably withheldwithheld or delayed in either Purchaser’s sole discretion).
Appears in 2 contracts
Samples: Royalty Purchase Agreement (SWK Holdings Corp), Royalty Purchase Agreement (Insite Vision Inc)
Approval of Assignments of Product Agreements. (a) Promptly, and in any event within five (5) Business Days, following receipt by Seller of a request from a Counterparty for consent to assign its rights, or delegate its duties, under any of the Product Agreements, Seller shall provide notice of such request to Purchaser. Seller and Purchaser shall consult with each other regarding whether to grant such consent. In Subject to any eventobligations Seller may have not to withhold consent, Seller shall not grant such consent without the prior written consent of Purchaser (which consent shall not be unreasonably withheld)Purchaser.
Appears in 1 contract
Samples: Royalty Purchase Agreement (IntelGenx Technologies Corp.)