Common use of Effect of Termination or Expiration; Surviving Obligations Clause in Contracts

Effect of Termination or Expiration; Surviving Obligations. Expiration or termination of this Agreement shall not affect any rights or obligations of either Party accruing prior to such expiration or termination. Upon expiration or termination of this Agreement, all rights and obligations of the Parties under this Agreement shall terminate, except that the terms of this Section 11.4 (and the provisions referenced herein) and Sections 1, 7.5, 8.1, 8.3, 8.4, 9.2, 9.3, 10.1, 10.2, 10.3, 10.4, 12, 13 and 14 of this Agreement shall survive expiration or termination of this Agreement. Promptly after termination of this Agreement, except as otherwise provided in this Section 11.4, each Party shall return or dispose of any technology or know-how and Information of the other Party in the accordance with the instructions of such other Party, including, without limitation, any compounds, assays or other biological or chemical materials.

Appears in 3 contracts

Samples: Collaboration Agreement (Sequenom Inc), Collaboration Agreement (Sequenom Inc), Collaboration Agreement (Sequenom Inc)

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Effect of Termination or Expiration; Surviving Obligations. (a) Expiration or termination of this Agreement shall not affect any rights or obligations of either Party party accruing prior to such expiration or termination. Upon expiration or termination of this Agreement, all rights and obligations of the Parties parties under this Agreement shall terminate, except that the terms of this Section 11.4 13.5 (and the provisions referenced herein) and Sections 1, 7.5, 8.1, 8.3, 8.4, 9.2, 9.39.4, 10.1, 10.2, 10.3, 10.411.4, 1212.1, 13 12.2, 12.3, 12.4, 14, 15 and 14 16 of this Agreement shall survive expiration or termination of this Agreement. Promptly after termination of this Agreement, except as otherwise provided in this Section 11.413.5, each Party party shall return or dispose of any technology or know-how and Confidential Information of the other Party party in the accordance with the instructions of such other Partyparty, including, without limitation, any compounds, assays or other biological or chemical materials.

Appears in 3 contracts

Samples: Collaborative Research, Development and License Agreement (Acadia Pharmaceuticals Inc), Collaborative Research, Development and License Agreement (Acadia Pharmaceuticals Inc), Collaborative Research, Development and License Agreement (Acadia Pharmaceuticals Inc)

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