Effect of Termination of Research Program Sample Clauses

Effect of Termination of Research Program. With respect to any Candidate Target which was selected by the Joint Research Steering Committee less than one (1) year prior to the expiration of the Research Program in accordance with Section 12.1.1 or the termination of the Research Program in accordance with Section 12.1.2, the exclusive license granted by Cubist to Novartis pursuant to this Section 7.2 shall continue beyond the expiration or termination of the Research Program for the remainder of the Exclusivity Period provided however that upon the expiration of the Exclusivity Period, in the event the Joint Research Steering Committee has not selected such Candidate Target as a Selected Target, then Novartis' license under Section 7.2.1 shall become a co-exclusive license with Cubist, with the right to sublicense. Subject to Section 8.5, Cubist and its Affiliates and licensees shall be free to make, have made, use, sell and import Cubist Products based on the Candidate Targets subject to the co-exclusive rights hereunder.
Sample 1
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Effect of Termination of Research Program. In case of an early termination of the Research Program by JT or the RMC pursuant to Section 3.7, JT shall be exempt from any payment(s) under Section 6.1(a) that would have become due and payable after the effective date of such early termination, or if any payment(s) have been made by JT under Section 6.1(b) for the Research Program that otherwise would have been applicable for the period after the effective date of such early termination, Tularik shall refund to JT the amount of such overpayment as calculated on pro-rata basis. Additionally, the RMC shall meet at least seven (7) days prior to the end of the Research Program Term to determine which compounds screened or made during the Research Program that are not then either a Collaboration Lead Compound or an Independent Lead Compound should be designated as a Collaboration Lead Compound or an Independent Lead Compound.
Sample 1
Effect of Termination of Research Program. (a) In case of a termination of the Research Program pursuant to Section 3.07(b) prior to the end of Year Four, Sankyo shall be exempt from any payment(s) under Section 6.01 that would have become due and payable after the effective date of such early termination. The RMC shall meet at least seven (7) days prior to the end of the Research Program Term to determine which compounds screened or made during the Research Program that are not then either a Collaboration Lead Compound or a Sankyo Lead Compound should be designated as a Collaboration Lead Compound or a Sankyo Lead Compound.
Sample 1

Related to Effect of Termination of Research Program

  • Effect of Termination of Agreement The provisions of Section 4.00 will survive any termination of this Agreement and the existence of any claim or cause of action by the Executive against the Company or any Group Member, whether predicated on this Agreement or otherwise, will not constitute a defense to the enforcement by the Group, the Company or any other Group Member of the covenants and agreements of this Section 4.00; provided, however, that this Section 4.11 will not, in and of itself, preclude the Executive from defending against the enforceability of the covenants and agreements of Section 4.00.

  • Effect of Termination Upon termination of this Agreement:

  • 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.

  • Notice of Termination; Effect of Termination Any proper termination of this Agreement under Section 7.1 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, 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 If Employee's employment is terminated "For Cause":

  • Termination Effect of Termination 44 9.1 TERMINATION................................................44 9.2

  • TERMINATION OF EMPLOYMENT; EFFECT OF TERMINATION (a) The Term of Employment may be terminated by the Company at any time:

  • 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.

  • Term; Termination of Agreement This Agreement shall continue in force for a period of one year from the date hereof, subject to an unlimited number of successive one-year renewals upon mutual consent of the parties. It is the duty of the Independent Directors to evaluate the performance of the Advisor annually before renewing the Agreement, and each such renewal shall be for a term of no more than one year.

  • Effect of Termination; Termination Fee (a) In the event of the termination and abandonment of this Agreement pursuant to Section 10.1, the Agreement shall terminate and have no effect, except as otherwise provided herein and except that the provisions of this Section 10.2, Section 10.5 and Article 11 of this Agreement shall survive any such termination and abandonment.

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