Common use of Effects of Termination Generally Clause in Contracts

Effects of Termination Generally. Upon any termination of this Agreement, then the Parties’ rights, licenses and obligations under this Agreement will terminate and neither Party will have any further rights or obligations under this Agreement from and after the effective date of termination, except as set forth in this Section 12.5 (Effects of Termination).

Appears in 2 contracts

Samples: License and Collaboration Agreement (Lyra Therapeutics, Inc.), License and Collaboration Agreement (LianBio)

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Effects of Termination Generally. Upon any termination of this AgreementAgreement in its entirety pursuant to Section 13.3, then the Parties’ rights, licenses licenses, including any Sublicenses, and obligations under this Agreement will terminate and neither Party will have any further rights or obligations under this Agreement from and after the effective date of termination, except as set forth in this Section 12.5 (Effects of Termination)13.4.

Appears in 2 contracts

Samples: License Agreement (Coherus BioSciences, Inc.), License Agreement (Surface Oncology, Inc.)

Effects of Termination Generally. Upon any termination the effective date of this Agreementtermination, then the Parties’ rights, licenses licenses, and obligations under this Agreement will terminate and neither Party will have any further rights or obligations under this Agreement from and after the effective date of termination, except as set forth in this Section 12.5 (Effects of Termination)13.4 and Sections 13.6-13.8.

Appears in 1 contract

Samples: License and Collaboration Agreement (BioNTech SE)

Effects of Termination Generally. Upon any termination of this AgreementAgreement in its entirety pursuant to Section 12.3 (Early Termination), then the Parties’ rights, licenses rights and obligations under this Agreement will terminate and neither Party will have any further rights or obligations under this Agreement from and after the effective date of termination, except as set forth in this Section 12.5 (Effects of Termination).Section

Appears in 1 contract

Samples: Collaboration and License Agreement (Puma Biotechnology, Inc.)

Effects of Termination Generally. Upon any termination (but not expiration) of this AgreementAgreement in its entirety pursuant to Section 12.3, then the Parties’ rights, licenses rights and obligations under this Agreement will terminate and neither Party Company nor Licensee will have any further rights or obligations under this Agreement from and after the effective date of termination, except as set forth in this Section 12.5 (Effects of Termination)12.4; provided, however, that, if this Agreement is terminated with respect to a particular Region only, then such rights and obligations will terminate only to the extent they relate solely to the terminated Region.

Appears in 1 contract

Samples: Exclusive License Agreement (LianBio)

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Effects of Termination Generally. Upon any termination of this AgreementAgreement in its entirety pursuant to Section 11.2 through 11.5, then the Parties’ rights, licenses rights and obligations under this Agreement will terminate terminate, and neither Party will have any further rights or obligations under this Agreement from and after the effective date of termination, except as set forth in this Section 12.5 (Effects of Termination)Article 11.

Appears in 1 contract

Samples: License Agreement (Blueprint Medicines Corp)

Effects of Termination Generally. Upon any termination Subject to the terms of this Agreement, then including Section 2.3, the Parties’ rights, licenses rights and obligations under this Agreement will the Terminated Agreements and Documents shall terminate as of the Effective Date, and neither Party will have any further rights or obligations under this Agreement the Terminated Agreements and Documents from and after the effective date of termination, except as set forth in this Section 12.5 (Effects of Termination)Effective Date.

Appears in 1 contract

Samples: Termination Agreement (Puma Biotechnology, Inc.)

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