Common use of Effect of Termination on Licensees Clause in Contracts

Effect of Termination on Licensees. In the event or any termination of this Agreement pursuant to this Article 10 where such termination shall not have been caused by the action of inaction on the part of any respective licensee of Athena or CombiChem, or by any breach by such licensee of its obligations under its licensee from Athena or CombiChem, as appropriate, such termination of this Agreement shall be without prejudice to the rights of each non-breaching licensee and such licensee shall be deemed to be a direct licensee hereunder.

Appears in 4 contracts

Samples: Collaborative Research and License Agreement (Combichem Inc), Collaborative Research and License Agreement (Combichem Inc), Collaborative Research and License Agreement (Combichem Inc)

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