Common use of Assays to Organon Clause in Contracts

Assays to Organon. If Organon elects to terminate the Target Research (a) at the end of the first year as provided above or (b) prior to receiving the [***] and paying the first milestone under Section 3.2.1(a), whichever is earlier, then this Agreement and all licenses granted hereunder shall terminate, except that the provisions listed in Section 9.3(b) shall survive. Otherwise, this Agreement shall survive termination or expiration of the Target Research.

Assays to Organon. If Organon elects to terminate the Target Research (a) at the end as of the first year anniversary of the First Amendment Date as provided above or (b) prior to receiving the [***] First Research Assay from Signal and paying the first milestone under Section 3.2.1(a), whichever is earlier, then this Agreement and all licenses granted hereunder shall terminate, except that the provisions listed in Section 9.3(b) shall survive. Otherwise, this Agreement shall survive termination or expiration of the Target Research."

Assays to Organon. If Organon elects to terminate the Target Research (a) at the end as of the first year [***] as provided above or (b) prior to receiving the [***] and paying the first milestone under Section 3.2.1(a), whichever is earlier, then this Agreement and all licenses granted hereunder shall terminate, except that the provisions listed in Section 9.3(b) shall survive. Otherwise, this Agreement shall survive termination or expiration of the Target Research."