Common use of Certain Rights and Obligations under the UM License Agreement Clause in Contracts

Certain Rights and Obligations under the UM License Agreement. (a) Ascentage shall not modify, amend or otherwise alter the UM License Agreement to the extent the same would materially and adversely affect Unity’s rights under this Agreement. (b) Ascentage shall not (a) exercise or fail to exercise any right under the UM License Agreement or (b) provide or fail to provide any consent or approval with respect to any right or obligation under the UM License Agreement, in each case to the extent the same would materially and adversely affect Unity’s rights under this Agreement. (c) Ascentage shall not unilaterally terminate the UM License Agreement.

Appears in 7 contracts

Samples: License Agreement (Unity Biotechnology, Inc.), Compound Library and Option Agreement (Unity Biotechnology, Inc.), License Agreement (Unity Biotechnology, Inc.)

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Certain Rights and Obligations under the UM License Agreement. (a) 10.3.1 Ascentage shall not modify, amend or otherwise alter the UM License Agreement to the extent the same would materially and adversely affect Unity’s rights under this Agreement. (b) 10.3.2 Ascentage shall not (a) exercise or fail to exercise any right under the UM License Agreement or (b) provide or fail to provide any consent or approval with respect to any right or obligation under the UM License Agreement, in each case to the extent the same would materially and adversely affect Unity’s rights under this Agreement. (c) 10.3.3 Ascentage shall not unilaterally terminate the UM License Agreement.

Appears in 4 contracts

Samples: Compound Library and Option Agreement (Unity Biotechnology, Inc.), Compound Library and Option Agreement (Unity Biotechnology, Inc.), Compound Library and Option Agreement (Unity Biotechnology, Inc.)

Certain Rights and Obligations under the UM License Agreement. (a) Ascentage shall not modify, amend or otherwise alter the UM License Agreement to the extent the same would materially and adversely affect Unity’s rights under this Agreement. (b) Ascentage shall not (a) exercise or fail to exercise any right under the UM License Agreement or (b) provide or fail to provide any consent or approval with respect to any right or obligation under the UM License Agreement, in each case to the extent the same would materially and adversely affect Unity’s rights under this Agreement. (c) Ascentage shall not unilaterally terminate the UM License Agreement.respect

Appears in 1 contract

Samples: Compound Library and Option Agreement (Unity Biotechnology, Inc.)

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Certain Rights and Obligations under the UM License Agreement. (a) Ascentage shall not modify, amend or otherwise alter the UM License Agreement to the extent the same would materially and adversely affect Unity’s rights under this Agreement. (b) Ascentage shall not (ai) exercise or fail to exercise any right under the UM License Agreement or (bii) provide or fail to provide any consent or approval with respect to any right or obligation under the UM License Agreement, in each case to the extent the same would materially and adversely affect Unity’s rights under this Agreement. (c) Ascentage shall not unilaterally terminate the UM License Agreement.

Appears in 1 contract

Samples: Compound License Agreement (Unity Biotechnology, Inc.)

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