Common use of Disposition of Inhibrx Materials after the Term Clause in Contracts

Disposition of Inhibrx Materials after the Term. Upon termination (but not expiration) of the Term, Licensee shall immediately discontinue its use of, and shall cause any sublicensees to discontinue their use of, any Inhibrx Materials and shall, upon direction of Inhibrx, return or destroy (and certify destruction of), or require any sublicensees to return or destroy (and certify destruction of) any remaining Inhibrx Material that is in the possession or control of Licensee, its Affiliates or any sublicensee.

Appears in 4 contracts

Samples: Option and License Agreement (Inhibrx, Inc.), Option and License Agreement (Inhibrx, Inc.), License Agreement (Inhibrx, Inc.)

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