Common use of Commencement and Termination by Expiry Clause in Contracts

Commencement and Termination by Expiry. This Agreement, and the licences granted hereunder, shall come into effect on the Commencement Date and, unless terminated earlier in accordance with this Clause 11, shall continue in force on a country by country basis in the Territory until the latest of: (a) The date on which all the Licensed Patents have expired or been revoked in that country without a right of further appeal, and (b) The date on which any Orphan Drug Status for Licensed Product in that country has expired; and (c) The tenth anniversary of the date of the first commercial sale of Licensed Product in that country by Oncoscience, its Affiliate or sub-licensee or, if that country is part of the European Union, the tenth anniversary of the date of the first commercial sale of the Licensed Product in the European Union by Oncoscience, its Affiliate or sub-licensee; and on such date this Agreement and the licences granted hereunder shall terminate automatically by expiry.

Commencement and Termination by Expiry. This Agreement, and the licences granted hereunder, shall come into effect on the Commencement Date and, unless terminated earlier in accordance with this Clause 110, shall continue in force on a country by country basis in the Territory until the latest of: (a) The date on which all the Licensed Patents have expired or been revoked in that country without a right of further appeal, and (b) The date on which any Orphan Drug Status for Licensed Product in that country has expired; and (c) The tenth anniversary of the date of the first commercial sale of Licensed Product in that country by Oncoscience, its Affiliate or sub-licensee or, if that country is part of the European Union, the tenth anniversary of the date of the first commercial sale of the Licensed Product in the European Union by Oncoscience, its Affiliate or sub-licensee; and on such date this Agreement and the licences granted hereunder shall terminate automatically by expiry.