Certain Changes in Control. Notwithstanding any other provision of this Agreement to the contrary, the license and other rights granted pursuant to Article 2 shall automatically terminate, without further action by the parties, in the event of (a) a transaction or series of related transactions in which [*] is a party and which results in a Change of Control of DYAX, or (b) a transaction or series of related transactions in which DYAX is a party and which results in a Change in Control of a person or entity described in clause (a) above.
Appears in 3 contracts
Samples: License Agreement (Xoma LTD /De/), License Agreement (Dyax Corp), License Agreement (Xoma LTD /De/)
Certain Changes in Control. Notwithstanding any other provision of this Agreement to the contrary, the license and other rights granted pursuant to Article Articles 2 and 3 shall automatically terminate, without further action by the parties, in the event of (a) a transaction or series of related transactions in which [*] is a party and which results in a Change of Control of DYAXDIVERSA, or (b) a transaction or series of related transactions in which DYAX DIVERSA is a party and which results in a Change in Control of a person or entity described in clause (a) above.
Appears in 2 contracts
Samples: License Agreement (Xoma LTD /De/), License Agreement (Xoma LTD /De/)
Certain Changes in Control. Notwithstanding any other provision of this Agreement to the contrary, the license and other rights granted pursuant to Article 2 shall automatically terminate, without further action by the parties, in the event of (a) a transaction or series of related transactions in which [*****] is a party and which results in a Change of Control of DYAX, or (b) a transaction or series of related transactions in which DYAX is a party and which results in a Change in Control of a person or entity described in clause (a) above.
Appears in 1 contract
Samples: License Agreement (Dyax Corp)