Common use of Efecto de la Terminación Clause in Contracts

Efecto de la Terminación. a) Al vencimiento o terminación de este Acuerdo por cualquier razón: (i) Purchaser shall pay any sums owed to Pfizer pursuant to this Agreement within thirty (30) days of the date of invoice for the same; and (ii) each Party shall use Commercially Reasonable Efforts to mitigate both (1) the damages that would otherwise be recoverable from the other pursuant to this Agreement, and (2) any costs, fees, expenses or lossesthat may be incurredby a Party, or for which a Party may be responsible, under this Agreement, by taking appropriate and reasonable actions to reduce or limit the amount of such damages, costs, fees, expenses or losses. b) The termination or expiration of this Agreement shall not affect the survival and continuing validity of Sections 2.1(b), 2.1(c), 2.1(d), 2.5(b), 2.6, 2.7(b)-(e), 2.8, 3.1, 3.3, 3.4, 4.4, 4.5, 4.6, 4.7, 5.5, 5.6, 6.2 (last sentence), 6.5, 9.2, 9.3, 9.4, 9.5 and Articles 1, 7, 8, 10, 11 and 12 or of any other provision which is expressly or by implication intended to continue in force after such termination or expiration. c) Expiry or termination of this Agreement for any reason shall be without prejudice to either Party’s other rights and remedies or to any accrued rights and liabilities as the date of such expiry or termination; providedthat (i) Pfizer shall haveno liability for any failure by Pfizer to develop or obtain Authorization of the Product in accordance with the estimated dates described in this Agreement and (ii) even if the Product is successfully developed and Pfizer obtains Authorization, Pfizer shall have no liability for any failure to deliver Contracted Doses in accordance with any estimated delivery dates set forth herein.

Efecto de la Terminación. a) Al vencimiento o terminación de este Acuerdo por cualquier razón: (i) Purchaser Purcha ser shall pay any sums owed to Pfizer pursuant to this Agreement within thirty (30) days of the date of invoice for the same; and (ii) each Party shall use Commercially Reasonable Efforts to mitigate both (1) the damages that would otherwise be recoverable from the other pursuant to this Agreement, and (2) any costs, fees, expenses or lossesthat may be incurredby a PartyPa rty, or for which a Party Pa rty may be responsible, under this Agreement, by taking appropriate and reasonable actions to reduce or limit the amount of such damages, costs, fees, expenses or losses. . b) The termination or expiration of this Agreement shall sha ll not affect the survival surviva l and continuing validity of Sections 2.1(b), 2.1(c), 2.1(d), 2.5(b), 2.6, 2.7(b)-(e), 2.8, 3.1, 3.3, 3.4, 4.4, 4.5, 4.6, 4.7, 5.5, 5.6, 6.2 (last sentence), 6.5, 9.2, 9.3, 9.4, 9.5 and Articles 1, 7, 8, 10, 11 and 12 or of any other provision which is expressly or by implication intended to continue in force after such termination or expiration. c) Expiry or termination of this Agreement for any reason rea son shall be without prejudice to either Party’s other rights and remedies or to any accrued rights and liabilities as the date of such expiry or termination; providedthat provided that (i) Pfizer shall haveno liability lia bility for any failure by Pfizer to develop or obtain Authorization of the Product in accordance with the estimated dates described in this Agreement and (ii) even if the Product is successfully developed and Pfizer obtains Authorization, Pfizer shall have no liability for any failure fa ilure to deliver Contracted Contra cted Doses in accordance with any estimated delivery dates set forth herein.