Common use of Cessation of Business Clause in Contracts

Cessation of Business. If COMPANY ceases to carry on its business related to this Agreement, M.I.T. shall have the right to terminate this Agreement immediately upon written notice to COMPANY.

Appears in 36 contracts

Samples: Exclusive Patent License Agreement (SQZ Biotechnologies Co), Exclusive Patent License Agreement (Immunome Inc.), Exclusive Patent License Agreement

AutoNDA by SimpleDocs

Cessation of Business. If COMPANY ceases to carry on its business related to this Agreementthe AGREEMENT, M.I.T. shall have the right to terminate this Agreement the AGREEMENT immediately upon written notice to COMPANY.

Appears in 2 contracts

Samples: Exclusive Patent License Agreement (Angion Biomedica Corp.), Exclusive Patent License Agreement (Elicio Therapeutics, Inc.)

Cessation of Business. If COMPANY ceases to carry on its business related business. Related to this Agreement, M.I.T. shall have the right to terminate this Agreement immediately upon written notice to COMPANY.

Appears in 1 contract

Samples: Exclusive Patent License Agreement (Myomo Inc)

Cessation of Business. If COMPANY ceases to carry on its business related to this Agreement, Agreement M.I.T. shall have the right to terminate this Agreement immediately upon written notice to COMPANY.

Appears in 1 contract

Samples: Exclusive Patent License Agreement (Arch Therapeutics, Inc.)

Cessation of Business. If COMPANY ceases to carry on its business related to this Agreement, . M.I.T. shall have the right to terminate this Agreement immediately upon written notice to COMPANY.

Appears in 1 contract

Samples: Exclusive Patent License Agreement (Translate Bio, Inc.)

AutoNDA by SimpleDocs

Cessation of Business. If COMPANY ceases to carry on its business related to this Agreement, M.I.T. shall have the right to terminate this Agreement immediately upon written notice to COMPANY.. 10.3

Appears in 1 contract

Samples: Tangible Property License Agreement

Cessation of Business. If If, prior to a permitted assignment, COMPANY ceases to carry on its business related to this Agreement, M.I.T. shall have the right to terminate this Agreement immediately upon written notice to COMPANY.

Appears in 1 contract

Samples: Exclusive Patent License Agreement (GMP Companies Inc)

Cessation of Business. If COMPANY ceases to carry on its business related to this Agreement, M.I.T. shall have the right to terminate this Agreement immediately upon written notice to COMPANY.. 12.3

Appears in 1 contract

Samples: Exclusive Patent License Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!