Assignment by Salix. Salix shall have the right to assign this Agreement, in whole or in part, to any Affiliate of its choice to whom the Salix Licensed Patents and Salix Technology Rights are transferred, whether by way of sale and assignment, merger or consolidation, operation of law or otherwise, and Alfa hereby acknowledges and accepts any such assignment, but Salix shall not otherwise assign or purport to assign this Agreement (in whole or in part) without the prior consent in writing of Alfa, such consent not to be unreasonably withheld or delayed.
Appears in 2 contracts
Samples: License Agreement, License Agreement (Salix Pharmaceuticals LTD)
Assignment by Salix. Salix shall have the right to assign this Agreement, in whole or in part, to any Affiliate of its choice to whom Salix assigns its rights under the Salix Licensed Patents Amended and Salix Technology Rights are transferredRestated License Agreement, whether by way of sale and assignment, merger or consolidation, operation of law or otherwise, and Alfa hereby acknowledges and accepts any such assignment, but Salix shall not otherwise assign or purport to assign this Agreement (in whole or in part) without the prior consent in writing of Alfa, such consent not to be unreasonably withheld or delayed.
Appears in 1 contract
Assignment by Salix. Salix shall have the right to assign this Agreement, in whole or in part, Agreement as it relates to any specific Salix Licensed Trademark to any Affiliate of its choice to whom the ownership of such Salix Licensed Patents and Salix Technology Rights are Trademark is transferred, whether by way of sale and assignment, merger or consolidation, operation of law or otherwise, and Alfa hereby acknowledges and accepts any such assignment, but Salix shall not otherwise assign or purport to assign this Agreement (in whole or in part) without the prior consent in writing of Alfa, such consent not to be unreasonably withheld or delayed.
Appears in 1 contract
Samples: Trademark License Agreement (Salix Pharmaceuticals LTD)