Common use of Disposition of Licensed Products on Hand Clause in Contracts

Disposition of Licensed Products on Hand. Upon termination of this Agreement, LICENSEE may dispose of all previously made or partially made Licensed Product within a period of one hundred and twenty (120) days of the effective date of such termination provided that the sale of such Licensed Product by LICENSEE, its Sublicensees, or Affiliates shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement.

Appears in 34 contracts

Samples: License Agreement (Sesen Bio, Inc.), License Agreement (Palisade Bio, Inc.), License Agreement (Seneca Biopharma, Inc.)

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Disposition of Licensed Products on Hand. Upon termination of this Agreement, LICENSEE may dispose of all previously made or partially made Licensed Product within a period of one hundred and twenty (120) days [***] of the effective date of such termination provided that the sale of such Licensed Product by LICENSEE, its Sublicensees, or Affiliates shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement.

Appears in 6 contracts

Samples: License Agreement (Molecular Partners Ag), License Agreement (HOOKIPA Pharma Inc.), License Agreement (HOOKIPA Pharma Inc.)

Disposition of Licensed Products on Hand. Upon termination of this Agreement, LICENSEE may dispose of all previously made or partially made Licensed Product Products within a period of one hundred and twenty (120) days of the effective date of such termination […***…] provided that the sale of such Licensed Product by LICENSEE, its Sublicensees, or Affiliates shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement.

Appears in 4 contracts

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

Disposition of Licensed Products on Hand. Upon termination of this Agreement, LICENSEE may dispose of all previously made or partially made Licensed Product within a period of one hundred and twenty eighty (120180) days of the effective date of such termination provided that the sale of such Licensed Product by LICENSEE, its Sublicensees, or Affiliates shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement.

Appears in 3 contracts

Samples: License Agreement (Oncternal Therapeutics, Inc.), License Agreement (GTX Inc /De/), License Agreement (Neoprobe Corp)

Disposition of Licensed Products on Hand. Upon termination or expiration of this Agreement, LICENSEE may dispose of all previously made or partially made Licensed Product within a period of one hundred and twenty (120) days of the effective date of such termination or expiration provided that the sale of such Licensed Product by LICENSEE, its Sublicensees, or Affiliates shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement.

Appears in 2 contracts

Samples: License Agreement (Luna Innovations Inc), License Agreement (Luna Innovations Inc)

Disposition of Licensed Products on Hand. Upon termination of this Agreement, LICENSEE may dispose of all previously made or partially made Licensed Product within a period of one hundred and twenty (120) [*] days of the effective date of such termination provided that the sale of such Licensed Product by LICENSEE, its Sublicensees, or Affiliates shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement.

Appears in 2 contracts

Samples: License Agreement (ChromaDex Corp.), License Agreement (ChromaDex Corp.)

Disposition of Licensed Products on Hand. Upon termination of this Agreement, LICENSEE may dispose of all previously made or partially made Licensed Product within a period of one hundred and twenty (120) days of the effective date of such termination provided that the sale of such Licensed Product by LICENSEE, its Sublicensees, or Affiliates shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement. At the end of such period, LICENSEE shall no longer have rights to use Technology.

Appears in 2 contracts

Samples: License Agreement (Adverum Biotechnologies, Inc.), License Agreement (Adverum Biotechnologies, Inc.)

Disposition of Licensed Products on Hand. Upon termination of this AgreementAgreement under Paragraph 7.1 or 7.2, LICENSEE Licensee may dispose of all previously made or partially made Licensed Product within a period of one hundred and twenty (120) days of the effective date of such termination provided that the sale of such Licensed Product by LICENSEELicensee, its Sublicensees, or Affiliates shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement.

Appears in 2 contracts

Samples: License Agreement (Baudax Bio, Inc.), License Agreement (Recro Pharma, Inc.)

Disposition of Licensed Products on Hand. Upon termination of this Agreement, LICENSEE LICENSEE, its Affiliates, Collaborators, or Sublicensees may dispose of all previously made or partially made Licensed Product within a period of one hundred and twenty (120) days of the effective date of such termination provided that the sale of such Licensed Product by LICENSEE, its Sublicensees, or Affiliates shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement.

Appears in 2 contracts

Samples: License Agreement (Cortendo AB), License Agreement (Cortendo AB)

Disposition of Licensed Products on Hand. Upon termination of this AgreementAgreement in its entirety or with respect to a particular indication, LICENSEE may dispose of all previously made or partially made Licensed Product within a period of one hundred and twenty (120) days […***…] of the effective date of such termination provided that the sale of such Licensed Product by LICENSEE, its Sublicensees, or Affiliates shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement.

Appears in 2 contracts

Samples: License Agreement (Horizon Pharma PLC), License Agreement (Horizon Pharma PLC)

Disposition of Licensed Products on Hand. Upon termination of this Agreement, LICENSEE may dispose of or all previously made or partially made Licensed Product within a period of one hundred and twenty eighty (120180) days of the effective date of such termination provided that the sale of such Licensed Product by LICENSEE, its Sublicensees, or Affiliates shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement.

Appears in 2 contracts

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

Disposition of Licensed Products on Hand. Upon termination of this Agreement, LICENSEE may dispose of all previously made or partially made Licensed Product within a period of one hundred and twenty (120) […***…] days of the effective date of such termination provided that the sale of such Licensed Product by LICENSEE, its Sublicensees, or Affiliates shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement.

Appears in 1 contract

Samples: License Agreement (Senomyx Inc)

Disposition of Licensed Products on Hand. Upon termination of this Agreement, LICENSEE may dispose of all previously made or partially made Licensed Product within a period of one hundred and twenty (120) days of the effective date of such * CONFIDENTIAL TREATMENT REQUESTED termination provided that the sale of such Licensed Product by LICENSEE, its Sublicensees, or Affiliates shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement.

Appears in 1 contract

Samples: Settlement Agreement (Repligen Corp)

Disposition of Licensed Products on Hand. Upon termination of this AgreementAgreement pursuant to Section 7.1 or 7.2, LICENSEE Licensee (and any Affiliates and Sublicensees) may dispose of all previously made or partially made Licensed Product within a period of one hundred and twenty (120) days of the effective date of such termination provided that the sale of such Licensed Product by LICENSEELicensee, its Sublicensees, or Affiliates shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement.

Appears in 1 contract

Samples: License Agreement (Relmada Therapeutics, Inc.)

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Disposition of Licensed Products on Hand. Upon termination of this Agreement, LICENSEE shall immediately case all use or exploitation of Licensed Service, but LICENSEE may dispose of all previously made or partially made Licensed Product within a period of one hundred and twenty (120) days of the effective date of such termination provided that the sale of such Licensed Product by LICENSEE, its Sublicensees, or Affiliates shall be he subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Acquisition (Avalon Oil & Gas, Inc.)

Disposition of Licensed Products on Hand. Upon termination of this Agreement, LICENSEE may dispose of all previously made or partially made Licensed Product within a period of one hundred and twenty fifty (120150) days of the effective date of such termination provided that the sale of such Licensed Product by LICENSEE, its in Sublicensees, or Affiliates shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement.

Appears in 1 contract

Samples: License Agreement (Genstar Therapeutics Corp)

Disposition of Licensed Products on Hand. Upon termination of this Agreement, LICENSEE may dispose of all previously made or partially made Licensed Product within a period of one hundred and twenty (120) days of the effective date of such termination provided that the sale use of such Licensed Product by LICENSEE, its Sublicensees, or Affiliates LICENSEE shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement.

Appears in 1 contract

Samples: Evaluation License Agreement (Neoprobe Corp)

Disposition of Licensed Products on Hand. Upon termination of this Agreement, LICENSEE may dispose of all previously made or partially made Licensed Product within a period of one hundred and twenty (120) days of the effective date of such termination provided that the sale of such Licensed Product by LICENSEE, its Sublicensees, LICENSEE or Affiliates shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement.

Appears in 1 contract

Samples: License Agreement

Disposition of Licensed Products on Hand. Upon termination of this Agreement, LICENSEE may dispose of all previously made or partially made Licensed Product within a period of one hundred and twenty (120) days of the effective date of such termination provided that the sale of such Licensed Product by LICENSEE, its Sublicensees, or Affiliates LICENSEE shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreementprohibited.

Appears in 1 contract

Samples: License Agreement

Disposition of Licensed Products on Hand. Upon termination of this AgreementAgreement for any reason other than Licensee’s breach, LICENSEE Licensee may dispose of all previously made or partially made Licensed Product within a period of one hundred and twenty (120) days of the effective date of such termination provided that the sale Sale of such Licensed Product by LICENSEELicensee, its Sublicensees, or Affiliates shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement.

Appears in 1 contract

Samples: Intellectual Property License Agreement (Qrons Inc.)

Disposition of Licensed Products on Hand. Upon termination of this Agreement, LICENSEE may dispose of all previously made or partially made Licensed Product Products within a period of one hundred and twenty (120) days of the effective date of such termination provided that the sale of such Licensed Product by LICENSEE, its Sublicensees, or Affiliates shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement.

Appears in 1 contract

Samples: License Agreement (Celladon Corp)

Disposition of Licensed Products on Hand. Upon termination of this Agreement, LICENSEE may dispose of all previously made or partially made Licensed Product Products within a period of one hundred and twenty (120) days of the effective date of such termination termination, provided that the sale of such Licensed Product Products by LICENSEE, its Sublicensees, or Affiliates shall be subject to the terms of this Agreement, including but not limited to to, the rendering of reports and payment of royalties required under this Agreement.

Appears in 1 contract

Samples: License Agreement (Neurologix Inc/De)

Disposition of Licensed Products on Hand. Upon termination of this Agreement, LICENSEE may dispose of all previously made or partially made Licensed Product within a period of one hundred and twenty (120) days of the effective date of such termination provided that the sale of such Licensed Product by LICENSEE, its SublicenseesSub licensees, or Affiliates shall be subject to the terms of this Agreement, including but not limited to the rendering of reports and payment of royalties required under this Agreement.

Appears in 1 contract

Samples: License Agreement (Navidea Biopharmaceuticals, Inc.)

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