Effect of Failure. In the event that [**] determines that COMPANY or any of its SUBLICENSEES has failed to fulfill any of its obligations under this Section 4, then [**] may treat such failure as a material breach in accordance with Section 11.7. ARTICLE 5 - SHARES, Royalties and Payment Terms
Appears in 2 contracts
Samples: Collaboration and License Agreement (Alnylam Pharmaceuticals Inc), Collaboration and License Agreement (Alnylam Pharmaceuticals Inc)
Effect of Failure. In the event that [**] determines that COMPANY or any of its SUBLICENSEES has failed to fulfill any of its obligations under this Section 4, then [**] may treat such failure as a material breach in accordance with Section 11.7. ARTICLE 5 - SHARES, Royalties and Payment Terms.
Appears in 1 contract
Samples: Strategic Collaboration and License Agreement (Alnylam Pharmaceuticals, Inc.)
Effect of Failure. In the event that [***] determines that COMPANY or any of its SUBLICENSEES has failed to fulfill any of its obligations under this Section 4, then [***] may treat such failure as a material breach in accordance with Section 11.7. ARTICLE 5 - SHARES, Royalties and Payment Terms.
Appears in 1 contract