Effect of Termination Due to HYSEQ Funding Breach Sample Clauses

Effect of Termination Due to HYSEQ Funding Breach. In the event that this Agreement is terminated by DELTAGEN pursuant to Section 11.2.1: (a) HYSEQ shall terminate all activities, if any, undertaken by HYSEQ or its Affiliates or any of their employees, consultants, agents or contractors pursuant to or in connection with this Agreement in an orderly manner, as soon as practical and in accordance with a schedule mutually agreed to by DELTAGEN and HYSEQ; and (b) to the extent not already provided to DELTAGEN, HYSEQ shall deliver to DELTAGEN all copies of all information and data generated (in paper and, if available, electronic form) in connection with the activities conducted by HYSEQ or its Affiliates or any of their respective employees, consultants, agents or contractors under the Development Program. In addition to the foregoing, HYSEQ hereby grants to DELTAGEN, a non-exclusive license, including the right to grant sublicenses (which sublicenses may include the right to grant further sublicenses), which license shall immediately and automatically be effective upon termination of this Agreement by DELTAGEN pursuant to Section 11.2.1, under the HYSEQ Patents, HYSEQ Know-How, HYSEQ Project Patents, Joint Project Patents, HYSEQ Project Intellectual Property and Joint Project Intellectual Property, (i) to analyze and use the Project Genes and any derivatives thereof, (ii) to use, make, create, generate, produce, breed, test, and conduct research and development activities in connection with Project Knock-Out Mice and progeny and other derivatives thereof with respect to the Project Genes, (iii) to use, make, generate, produce, create, isolate, purify, identify and conduct research and development activities in connection with any Proposed Genes and/or Project Genes (and/or any CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. mutation, fragment allelic variant, analog, homolog or ortholog of any Proposed Genes and/or Project Genes and/or any expression products (including any Secreted Proteins, Derivative Proteins and/or Products) and/or derivatives thereof, and (iv) to develop, make, use and sell Secreted Protein Candidates and Products.
Sample 1
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Related to Effect of Termination Due to HYSEQ Funding Breach

  • Termination Effect of Termination 41 Section 8.01. Termination............................................................. 41 Section 8.02. Effect of Termination................................................... 42

  • Effect of Termination Upon any expiration of the Term or termination of this Agreement, the obligations and rights of the parties hereto shall cease, provided that such expiration or termination of this Agreement shall not relieve the parties of any obligation or breach of this Agreement accruing prior to such expiration or termination, including, without limitation, all accrued payment obligations arising under Article 6. In addition, Article 5, Article 7, Section 2.12, Section 4.5, and this Section 4.6 shall survive the expiration or termination of this Agreement. For the avoidance of doubt, the rights of Registry Operator to operate the registry for the TLD shall immediately cease upon any expiration of the Term or termination of this Agreement.

  • Notice of Termination; Effect of Termination Any termination of this Agreement under Section 7.1 above will be effective immediately upon the delivery of written notice of the terminating party to the other parties hereto. In the event of the termination of this Agreement as provided in Section 7.1, this Agreement shall be of no further force or effect, except (i) as set forth in this Section 7.2, Section 7.3 and Article 8 (miscellaneous), each of which shall survive the termination of this Agreement, and (ii) nothing herein shall relieve any party from liability for any willful breach of this Agreement. No termination of this Agreement shall affect the obligations of the parties contained in the Confidentiality Agreement, all of which obligations shall survive termination of this Agreement in accordance with their terms.

  • Effect of Termination for Cause In the event the Executive’s employment shall be terminated for Cause pursuant to Section 5.1 hereof, the Company shall pay the Executive his salary through the date of termination.

  • Effect of Termination of Service Except as otherwise provided in accordance with Section 4(b) above, if you cease to be a Service Provider, you will forfeit all unvested Units.

  • Effect of Termination Notice Where Network Rail or the Train Operator has served a Termination Notice on the other: (a) the service of the Termination Notice shall not affect the parties’ continuing obligations under this contract up to the date of termination, which date shall be determined in accordance with paragraph 3.4(c); (b) the party which has served the Termination Notice shall withdraw it by notice to the other party, upon being reasonably satisfied that the relevant Event of Default has been remedied; and (c) this contract shall terminate on the later of: (i) the date and time specified in the Termination Notice for the contract to terminate (or such later date and time as the party which served the Termination Notice notifies to the other before the date and time so specified); and (ii) the date on which a copy of the Termination Notice is given to XXX.

  • Effect of Termination of Agreement Upon the Termination Date or the Expiration Date, as applicable, any amounts then owing by a Party to the other Party shall become immediately due and payable and the then future obligations of Customer and Provider under this Agreement shall be terminated (other than the indemnity obligations set forth in Section 13). Such termination shall not relieve either Party from obligations accrued prior to the effective date of termination or expiration.

  • Effect of Termination Survival If the Service Agreement is terminated, the Provider shall destroy all of LEA’s Student Data pursuant to Article IV, section 6.

  • Termination and Effect of Termination This Agreement shall terminate upon the date on which no Holder holds any Registrable Securities, except for the provisions of Sections 3.9 and 3.10, which shall survive any such termination. No termination under this Agreement shall relieve any Person of liability for breach or Registration Expenses incurred prior to termination. In the event this Agreement is terminated, each Person entitled to indemnification rights pursuant to Section 3.9 hereof shall retain such indemnification rights with respect to any matter that (i) may be an indemnified liability thereunder and (ii) occurred prior to such termination.

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