Common use of Failure to obtain Marketing Authorisations Clause in Contracts

Failure to obtain Marketing Authorisations. If, notwithstanding HPPI’s compliance with clause 5.1, a Marketing Authorisation has not been obtained by HPPI, any Affiliate or Sub Licensee at least *** before the Target Launch Date, then following consultation with the other party for up to ***, either party, acting reasonably, may terminate this agreement with immediate effect with notice to the other party. OBLIGATIONS RELATING TO SUPPLY OF PRODUCT

Appears in 3 contracts

Samples: Supply and License Agreement, HedgePath Pharmaceuticals, Inc., HedgePath Pharmaceuticals, Inc.

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Failure to obtain Marketing Authorisations. If, notwithstanding HPPI’s compliance with clause 5.1, a Marketing Authorisation has not been obtained by HPPI, any Affiliate or Sub Licensee at least *** before the Target Launch Date, then following consultation with the other party for up to ***, either party, acting reasonably, may terminate this agreement with immediate effect with notice to the other party. OBLIGATIONS RELATING TO SUPPLY OF PRODUCTManufacture and supply of Product

Appears in 1 contract

Samples: HedgePath Pharmaceuticals, Inc.

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