EARLY TERMINATION OF THE RESEARCH PROGRAM Sample Clauses
EARLY TERMINATION OF THE RESEARCH PROGRAM. The Research Program may be terminated by either Party, such termination not otherwise to affect any other rights or obligations of the Parties under this Agreement, including without limitation commercialization rights, as follows:
(a) PathoGenesis may terminate the Research Program if Novartis exercises its rights to control Chiron in accordance with Section 1.3 by providing six months written notice of termination to Chiron, such notice to be provided no sooner than six months after Novartis' exercise of its rights to control Chiron in accordance with Section 1.3 hereof; or
(b) Either Party may terminate the Research Program after a Change In Control of the other Party by providing six months written notice to the other Party, such notice to be provided no sooner than six months after the Change in Control has taken place.
EARLY TERMINATION OF THE RESEARCH PROGRAM. Organon shall have the right to terminate the Research Program, without termination of this Agreement, by giving Ligand written notice of its intention to do so not later than ***(***) *** from the Commencement Date. The termination of the Research Program will be effective *** (***) *** after the Commencement Date. After termination of the Research Program Ligand shall have the right to use only Ligand Background Technology in the Field, without restriction, including the right to collaborate with a Third Party to develop Products based on a chemical template originated by Ligand.
EARLY TERMINATION OF THE RESEARCH PROGRAM. During the initial *** Research Term, at any time after *** from the Commencement Date BMS shall have the right to terminate the Research Program by giving written notice to Ligand of its intention to do so. Notice of such early termination shall be effective *** from the date upon which it is received by Ligand. In such event, the Agreement shall continue in force, including the licenses granted under Sections 5.1.1 to 5.1.4 (whose duration and exclusivity is set forth in Section 5.1.5), except that no further payment shall be due under Section 2.7 and, except as provided in Section 4.5, Ligand shall have no further obligations to perform with respect to the Research Program for any quarters after the effective date of early termination of the Research Program.