Breach by Affiliates. Each Party acknowledges and agrees that a breach by any of its Affiliates under this Agreement will be treated as a breach by that Party. In that circumstance, each Party expressly waives any requirement that the other Party exhaust any right, power or remedy, or proceed directly against its Affiliate, for any obligation or performance under this Agreement.
Appears in 4 contracts
Samples: Collaboration Agreement, Collaboration Agreement (Exelixis, Inc.), Collaboration Agreement (Exelixis Inc)
