Common use of Effect of Expiration or Termination; Survival Clause in Contracts

Effect of Expiration or Termination; Survival. Expiration or termination of this Agreement shall not relieve the Parties of any obligation accruing prior to such expiration or termination. Each Party shall pay all amounts then due and owing as of the expiration or termination date. Any expiration or termination of this Agreement shall be without prejudice to the rights of either Party against the other accrued or accruing under this Agreement prior to expiration or termination. The provisions of Article 4 shall survive the expiration or termination of this Agreement and shall continue in effect for [*] following termination or expiration. The provisions of Article 1 (as necessary for the interpretation of other surviving provisions); [*] Sections 6.3 and 6.4; Article 7; Article 8; and Article 9 shall survive any expiration or termination of this Agreement.

Appears in 2 contracts

Samples: Termination and License Agreement (Scynexis Inc), Termination and License Agreement (Scynexis Inc)

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Effect of Expiration or Termination; Survival. Expiration or termination of this the Agreement shall not relieve the Parties of any obligation accruing prior to such expiration or termination. Each Party shall pay all amounts then due and owing as of the expiration or termination date. Any expiration or termination of this Agreement shall be without prejudice to the rights of either Party against the other accrued or accruing under this Agreement prior to expiration or termination, including, without limitation, the obligation to pay royalties for Therapeutic Collaboration Products sold prior to such expiration or termination. The provisions of Article 4 Section 4.1 shall survive the expiration or termination of this the Agreement and with respect to the obligations of the Parties shall continue in effect for [*] following termination or expirationseven (7) years. The In addition, the provisions of Article 1 (as necessary for the interpretation of other surviving provisions); [*] Articles 1, 7 and 8, and Sections 6.3 and 6.4; Article 7; Article 8; and Article 9 2.7, 2.10, 2.15, 5.4, 5.5, 9.3 through 9.18 shall survive any expiration or termination of this Agreement. Except as set forth in this Article 8, upon termination or expiration of this Agreement all other rights and obligations cease.

Appears in 2 contracts

Samples: Research Collaboration and License Agreement (Alnylam Pharmaceuticals Inc), Research Collaboration and License Agreement (Alnylam Pharmaceuticals Inc)

Effect of Expiration or Termination; Survival. Upon termination of this Agreement under Section 6.2, 6.3 or 6.4, Regeneron’s license pursuant to Section 2.1 shall terminate. Expiration or termination of this the Agreement shall not relieve the Parties of any obligation accruing prior to such expiration or termination. Each Party No termination of this Agreement shall pay all amounts then due and owing as relieve Regeneron of liability for any payment (including royalties for Products) accruing prior to the expiration or termination dateeffective date of such termination. Any expiration or termination of this Agreement shall be without prejudice to the rights of either Party against the other accrued or accruing under this Agreement prior to expiration or termination. The provisions of Article 4 3 shall survive the expiration or termination of this the Agreement and shall continue in effect for [*] following termination or expirationten (10) years. The In addition, the provisions of Article 1 Articles 1, 4 (as necessary including, for the interpretation avoidance of other surviving provisions); [*] Sections 6.3 doubt, the obligations of the Parties under Section 4.2) 5, 6, and 6.4; Article 7; Article 8; and Article 9 7 shall survive any expiration or termination of this Agreement.

Appears in 2 contracts

Samples: Patent License Agreement, Non Exclusive Patent License Agreement (Regeneron Pharmaceuticals Inc)

Effect of Expiration or Termination; Survival. Expiration or termination of this Agreement shall not relieve the Parties of any obligation accruing prior to such expiration or termination. Each Party shall pay all amounts then due and owing as of the expiration or termination date. Any expiration or termination of this Agreement shall be without prejudice to the rights of either Party against the other accrued or accruing under this Agreement prior to expiration or termination, including the obligation to pay royalties for the Licensed Product sold prior to such expiration or termination. The provisions of Article 4 shall survive the expiration or termination of this Agreement Sections 1, 9, 11 and shall continue in effect for [*] following termination or expiration. The provisions of Article 1 (as necessary for the interpretation of other surviving provisions); [*] 14 and Sections 6.3 10.4, 12.1, 12.2, 13.3, and 6.4; Article 7; Article 8; and Article 9 13.5 shall survive any expiration or termination of this Agreement. Sections 8.3.5 shall survive any expiration of this Agreement or any termination with respect to royalties accruing prior to such termination. Section 8.3.7 (Reports; Payment of Royalty) and Section 8.4 (Audits) will survive for so long as any royalties are due under this Agreement plus three (3) years. Except as otherwise set forth in this Section 13, upon termination or expiration of this Agreement all rights and obligations of the Parties under this Agreement cease.

Appears in 1 contract

Samples: License and Collaboration Agreement (Alnylam Pharmaceuticals, Inc.)

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Effect of Expiration or Termination; Survival. Expiration or termination of this Agreement shall not relieve the Parties of any obligation accruing prior to such expiration or termination. Each Party shall pay all amounts then due and owing as of the expiration or termination date. Any expiration or * Information redacted pursuant to a confidential treatment request. An unredacted version of this exhibit has been filed separately with the Commission. termination of this Agreement shall be without prejudice to the rights of either Party against the other accrued or accruing under this Agreement prior to expiration or termination, including without limitation the obligation to pay royalties for Product(s) sold prior to such expiration or termination. The provisions of Article 4 Section 4.1 shall survive the expiration or termination of this Agreement and shall continue in effect for [*] following termination or expiration**]. The In addition, the provisions of Article 1 (as necessary for the interpretation of other surviving provisions); [*] 1, Sections 6.3 2.8, 4.3, 4.4 and 6.4; Article 7; Article 8; and Article 9 5.19, shall indefinitely survive any expiration or termination of this Agreement.

Appears in 1 contract

Samples: Confidential Treatment Requested (Vertex Pharmaceuticals Inc / Ma)

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