Common use of Costs of Unilateral Activities Clause in Contracts

Costs of Unilateral Activities. Subject to Section 3.7.4, in the case of Unilateral Activities (i) the Developing Party with respect thereto shall bear the sole cost and expense of such Unilateral Activities, and (ii) the Opting-Out Party shall have no financial obligation to support or otherwise fund any efforts in respect of such Unilateral Activities.

Appears in 3 contracts

Samples: License Agreement (Reata Pharmaceuticals Inc), License Agreement (Reata Pharmaceuticals Inc), License Agreement (Reata Pharmaceuticals Inc)

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Costs of Unilateral Activities. Subject to Section 3.7.4, in In the case of Unilateral Activities (ia) the Developing Party with respect thereto shall bear the sole cost and expense of such Unilateral Activities, and (iib) the Opting-Out Party shall have no further financial obligation to support or otherwise fund any efforts in respect of such Unilateral Activities, unless it Opts-In pursuant to Section 2.5.6.

Appears in 2 contracts

Samples: Development and License Agreement (Pharmion Corp), Development and License Agreement (GPC Biotech Ag)

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