Common use of Costs (On Termination by CureVac for Cause) Clause in Contracts

Costs (On Termination by CureVac for Cause). If CureVac elects the CureVac Cease Option following a termination of a Program by CureVac for cause in accordance with Section 14.3, 14.4 or 14.5, GSK shall reimburse CureVac for the Development Costs set forth in the respective R&D Plan until the effective date of termination and reimburse CureVac for its demonstrable stranded costs arising from the early termination of the R&D Plan. CureVac shall use reasonable endeavors to mitigate those stranded costs.

Appears in 3 contracts

Samples: Collaboration and License Agreement (CureVac N.V.), Collaboration and License Agreement (CureVac N.V.), Collaboration and License Agreement (CureVac B.V.)

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Costs (On Termination by CureVac for Cause). If CureVac elects the CureVac Cease Option following a termination of a Program by CureVac for cause in accordance with Section 14.314.4, 14.4 14.5 or 14.514.6, GSK shall reimburse CureVac for the Development Costs set forth in the respective R&D Plan until the effective date of termination and reimburse CureVac for its demonstrable stranded costs arising from the early termination of the COVID R&D PlanPlan(s). CureVac shall use reasonable endeavors to mitigate those stranded costs.

Appears in 2 contracts

Samples: Covid Collaboration and License Agreement, Covid Collaboration and License Agreement (CureVac N.V.)

Costs (On Termination by CureVac for Cause). If CureVac elects the CureVac Cease Option following a termination of a Program by CureVac for cause in accordance with Section 14.314.4, 14.4 14.5 or 14.514.6, GSK shall reimburse CureVac for the Development Costs set forth in the respective R&D Plan until the effective date of termination and reimburse CureVac for its demonstrable stranded costs arising from the early termination of the COVID R&D PlanPlan(s). CureVac shall use reasonable endeavors to mitigate those stranded costs.. ​

Appears in 1 contract

Samples: And Restatement Agreement (CureVac N.V.)

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Costs (On Termination by CureVac for Cause). If CureVac elects the CureVac Cease Option following a termination of a Program by CureVac for cause in accordance with Section 14.314.4, 14.4 14.5 or 14.514.6, GSK shall reimburse CureVac for the Development Costs set forth in the respective R&D Plan until the effective date of termination and reimburse CureVac for its demonstrable ​ stranded costs arising from the early termination of the COVID R&D PlanPlan(s). CureVac shall use reasonable endeavors to mitigate those stranded costs.

Appears in 1 contract

Samples: Covid Collaboration and License Agreement (CureVac N.V.)

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