Common use of Cancellation/Changes in Coverages Clause in Contracts

Cancellation/Changes in Coverages. Licensee shall provide TSRI with written notice at least [***] days prior to the cancellation, non-renewal or material change in any insurance required by this Article 7. If Licensee does not obtain replacement insurance consistent with this Article 7 within such [***] day period (or prior to the cancellation, non-renewal or material change in the existing policy), TSRI shall have the right to immediately terminate this Agreement by providing written notice to Licensee and without providing any additional cure period.

Appears in 3 contracts

Samples: License Agreement (Neumora Therapeutics, Inc.), License Agreement (Neumora Therapeutics, Inc.), License Agreement (Neumora Therapeutics, Inc.)

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Cancellation/Changes in Coverages. Licensee shall provide TSRI with written notice at least [***] days prior to the cancellation, non-renewal or material change in any insurance required by this Article 7Section 7.2. If Licensee does not obtain replacement insurance consistent with this Article 7 providing comparable coverage within such [***] day period (or prior to the cancellation, non-renewal or material change in the existing policy)], TSRI shall have the right to immediately terminate this Agreement by providing written notice to Licensee and without providing any additional cure period.

Appears in 2 contracts

Samples: License Agreement (Corvus Pharmaceuticals, Inc.), License Agreement (Corvus Pharmaceuticals, Inc.)

Cancellation/Changes in Coverages. Licensee shall provide TSRI with written notice at least [***] fifteen (15) days prior to the cancellation, non-non renewal or material change in any insurance required by this Article 7Section 8.2. If Licensee does not obtain replacement insurance consistent with this Article 7 providing comparable coverage within such [***] fifteen (15) day period (or prior to the cancellation, non-renewal or material change in the existing policy), TSRI shall have the right to immediately terminate this Agreement by providing written notice to Licensee and without providing any additional cure period.

Appears in 1 contract

Samples: License Agreement (Immunomedics Inc)

Cancellation/Changes in Coverages. Licensee shall provide TSRI with written notice at least [***] fifteen (15) days prior to the cancellation, non-renewal or material change in any insurance required by this Article 7Section 8.2. If Licensee does not obtain replacement insurance consistent with this Article 7 providing comparable coverage within such [***] fifteen (15) day period (or prior to the cancellation, non-renewal or material change in the existing policy), TSRI shall have the right to immediately terminate this Agreement by providing written notice to Licensee and without providing any additional cure period.

Appears in 1 contract

Samples: License Agreement (Immunomedics Inc)

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Cancellation/Changes in Coverages. Licensee shall shall, to the extent possible, provide TSRI with written notice at least [***] days prior to the cancellation, non-renewal or material change in any insurance required by this Article 7Section 8.2. If Licensee does not obtain replacement insurance consistent with this Article 7 providing comparable coverage within such [***] day period (or prior to the cancellation, non-renewal or material change in the existing policy), TSRI shall have the right to immediately terminate this Agreement by providing if Licensee fails to cure within […***…] days of TSRI’s written notice of intent to Licensee and without providing any additional cure periodterminate.

Appears in 1 contract

Samples: License Agreement (ChromaDex Corp.)

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