Common use of Commercial Impracticability Clause in Contracts

Commercial Impracticability. Notwithstanding the above, in the event --------------------------- that GenVec believes that the payments set forth in Sections 3.2 or 3.3 above would make the sale of Licensed Products commercially impracticable it may notify Scios, and in such event the parties shall negotiate in good faith a reduction in such payments.

Appears in 3 contracts

Samples: License Agreement (Genvec Inc), License Agreement (Genvec Inc), License Agreement (Genvec Inc)

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Commercial Impracticability. Notwithstanding the above, in the event --------------------------- that GenVec believes that the payments set forth in Sections 3.2 or 3.3 above would make the sale of Licensed Products commercially impracticable it may notify Scios, and in such event the parties shall negotiate in good faith a reduction in such payments.

Appears in 2 contracts

Samples: License Agreement (Genvec Inc), License Agreement (Genvec Inc)

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