Common use of Effect of Expiration of this Agreement Clause in Contracts

Effect of Expiration of this Agreement. Upon expiration of this Agreement: 13.6.1 All amounts due or payable to BMS that were accrued, or that arise out of acts or events occurring, prior to the effective date of expiration shall remain due and payable; but (except as otherwise expressly provided herein) no additional amounts shall be payable based on events occurring after the effective date of expiration. 13.6.2 BMS shall have the right to retain all amounts previously paid to BMS by Company. 13.6.3 Neither Party shall be relieved of any obligation that accrued prior to the effective date of expiration. 13.6.4 The license with respect to BMS Patent Rights and BMS Know-How granted under Section 2.1 shall remain in effect and shall be fully paid-up.

Effect of Expiration of this Agreement. Upon expiration of this Agreement: 13.6.1 All amounts due or payable to BMS that were accrued, or that arise out of acts or events occurring, prior to the effective date of expiration shall remain due and payable; but (except as otherwise expressly provided herein) no additional amounts shall be payable based on events occurring after the effective date of expiration. 13.6.2 BMS shall have the right to retain all amounts previously paid to BMS by CompanyEiger. 13.6.3 Neither Party shall be relieved of any obligation that accrued prior to the effective date of expiration. 13.6.4 The license with respect to BMS Patent Rights and BMS Know-How granted under Section 2.1 shall remain in effect and shall be fully paid-up.

Effect of Expiration of this Agreement. Upon expiration of this Agreement: 13.6.1 All amounts due or payable to BMS that were accrued, or that arise out of acts or events occurring, prior to the effective date of expiration shall remain due and payable; but (except as otherwise expressly provided herein) no additional amounts shall be payable based on events occurring after the effective date of expiration. 13.6.2 BMS shall have the right to retain all amounts previously paid to BMS by Company. 13.6.3 Neither Party shall be relieved of any obligation that accrued prior to the effective date of expiration. 13.6.4 The license with respect to BMS Patent Rights, BMS Platform Patent Rights and BMS Know-How granted under Section 2.1 shall remain in effect and shall be perpetual, irrevocable, royalty-free and fully paid-up.