Effects of Termination of Co-Promotion Rights Sample Clauses

Effects of Termination of Co-Promotion Rights. (a) Termination by XXXXXX-XXXXXXX under Section 14.02 shall not release either party from any obligation to pay to the other party any sums due under Article III in connection with activities completed on or before the effective date of such termination, but no further sums shall be payable under Article III except as provided in Sections 14.04 or 14.05.
Sample 1Sample 2
AutoNDA by SimpleDocs
Effects of Termination of Co-Promotion Rights. (a) If Xxxxxxx’s Co-Promotion Right in the Shared Territory has terminated pursuant to this Section 9.3 (Termination of Co-Promotion Right) or Section 19.3 (Change of Control), then, notwithstanding any provision to the contrary set forth in this Agreement, the following effects of such termination will apply beginning on the applicable effective date of the termination of Mersana’s Co-Promotion Right in the Shared Territory as set forth in Section 9.3.2 (Termination for Non-Compliance with Applicable Law or Change of Control) or Section 9.3.3 (Termination for Failure to Perform Detailing Obligations), as applicable (the “Co-Promotion End Date”): (i) the Co-Promotion Term shall [**] expire; (ii) subject to Section 11.5 (Pre-Tax Profit or Loss Sharing), GSK shall have sole responsibility for all Commercialization of the Licensed Compound and all Licensed Products throughout the Territory (including all Detailing activities with respect thereto) in accordance with Section 8.1 (General); (iii) GSK shall have no further obligation to provide any Updates to the Detailing Plan or Detailing Budget or otherwise deliver any additional reporting or information with respect to the Detailing Plan, including pursuant to Section 9.2 (Co-Promotion Right), including any rights under Section 9.2.4 (Marketing Messaging Participation); (iv) Mersana shall [**] cease conducting all Detailing of Licensed Products in the Shared Territory and any other activities under the Detailing Plan (except as otherwise directed by GSK, in its sole discretion in connection with any wind-down process); and (v) Mersana shall (and shall ensure that all of its Sales Representatives personnel) return or destroy (at GSK’s direction) all Marketing Materials (including Promotional Materials) for the Licensed Products in the Territory or any other Confidential Information of GSK related to the Detailing activities in Mersana’s (or any such Sales Representative’s) possession.
Sample 1

Related to Effects of Termination of Co-Promotion Rights

  • Effects of Termination In the event of any termination of this Agreement as provided in Section 5.1, this Agreement (other than Section 3.2(b), this Section 5.2 and ARTICLE VI (other than Sections 6.1 and 6.2) and all applicable defined terms, which shall remain in full force and effect) shall forthwith become wholly void and of no further force and effect; provided that nothing herein shall relieve any party from liability for willful breach of this Agreement.

  • Waiver of Termination Rights The Employee waives any and all rights to compensation or damages as a result of a Termination, insofar as those rights result or may result from: (a) the loss or diminution in value of such rights or entitlements under the Program; or (b) the Employee ceasing to have rights, or ceasing to be entitled to any Awards under the Program as a result of such Termination.

  • Rights of Termination Without limiting any of the other provisions of this Agreement, the Agent will be entitled, at its option, to terminate and cancel, without any liability on its part or on the part of the Purchasers, its obligations under this Agreement by giving written notice to the Corporation at any time prior to the Closing Time if, after the date hereof and at any time prior to the Closing:

  • Certain Effects of Termination In the event that this Agreement is terminated pursuant to Section 7.01:

  • Term; Termination; Rights on Termination The term of this Agreement shall begin on the date hereof and continue for three (3) years, and, unless terminated sooner as herein provided, shall continue thereafter on a year-to-year basis on the same terms and conditions contained herein in effect as of the time of renewal (such initial three year period and any extensions thereof being referred to herein as the "Term"). This Agreement and Employee's employment may be terminated in any one of the following ways:

  • 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.

  • Events of Termination Subject to Section 6.4 below, this Agreement will terminate as to a Fund:

  • 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 for Cause If Employee's employment is terminated "For Cause":

  • Waiver of Termination Right Landlord and Tenant agree that the foregoing provisions of this Paragraph 20 are to govern their respective rights and obligations in the event of any damage or destruction and supersede and are in lieu of the provisions of any applicable law, statute, ordinance, rule, regulation, order or ruling now or hereafter in force which provide remedies for damage or destruction of leased premises (including, without limitation, to the extent the Premises are located in California, the provisions of California Civil Code Section 1932, Subsection 2, and Section 1933, Subsection 4 and any successor statute or laws of a similar nature).

Time is Money Join Law Insider Premium to draft better contracts faster.