Common use of Early Termination by Rockefeller Clause in Contracts

Early Termination by Rockefeller. Rockefeller may terminate this Agreement if: (a) Company is more than sixty (60) days late in paying to Rockefeller any amounts owed under this Agreement and does not pay Rockefeller in full within ten (10) days following written notice thereof; (b) Company or its Affiliates or sublicensees breaches this Agreement and does not cure the breach within forty five (45) days after written notice of the breach; or (c) Company or its Affiliates or sublicensees challenges the validity or enforceability of the Rockefeller Patent Rights, or assists or encourages third parties to do so.

Appears in 2 contracts

Samples: License Agreement, License Agreement (CONTRAFECT Corp)

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Early Termination by Rockefeller. Rockefeller may terminate this Agreement if: (a) Company is more than sixty thirty (6030) days late in paying to Rockefeller any amounts owed owned under this Agreement and does not immediately pay Rockefeller in full within ten (10) days following written notice thereofafter demand; or (b) Company or its Affiliates or sublicensees breaches this Agreement and does not cure the breach within forty forty-five (45) days after written notice of the breach; or (c) Company or its Affiliates or sublicensees challenges the validity or enforceability of the Rockefeller Patent Rights, or assists or encourages third parties to do so.

Appears in 2 contracts

Samples: License Agreement (Rosetta Genomics Ltd.), License Agreement (Rosetta Genomics Ltd.)

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Early Termination by Rockefeller. Rockefeller may terminate this Agreement if: (a) Company is more than sixty (60) days late in paying to Rockefeller any amounts owed under this Agreement and does not immediately pay Rockefeller in full within ten (10) days following written notice thereofupon demand; or (b) Company or its Affiliates or sublicensees breaches this Agreement and does not cure the breach within forty five (45) days after written notice of the breach; or (c) Company or its Affiliates or sublicensees challenges the validity or enforceability of the Rockefeller Patent Rights, or assists or encourages third parties to do so.

Appears in 1 contract

Samples: License Agreement (Rosetta Genomics Ltd.)

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