Common use of Consequences of Termination; Survival Clause in Contracts

Consequences of Termination; Survival. (a) In the event this Agreement is properly terminated in accordance with its terms, then except as provided in the Protiva-Monsanto Services Agreement, Licensee’s rights and licenses under the Protiva Intellectual Property shall terminate upon the effective date of such termination. Termination of this Agreement shall not relieve the Parties of any obligation accruing prior to or upon such expiration or termination and the provisions of ARTICLE I – (Definitions), ARTICLE VI – (Confidential Information), ARTICLE VII – (Indemnification), and ARTICLE IX – (Miscellaneous) shall survive any expiration or termination of this Agreement.

Appears in 4 contracts

Samples: License and Services Agreement (Arbutus Biopharma Corp), License and Services Agreement (Arbutus Biopharma Corp), License and Services Agreement (TEKMIRA PHARMACEUTICALS Corp)

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